Amazon, Google face tough rules in India’s e-commerce draft

India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data. The government has been working on the policy for at least two years amid calls to reduce the dominance of global tech giants like Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc. Under rules […]

Kuwait is locked in a heated debate over Future Generations Fund

Kuwait City: Kuwait, one of the world’s wealthiest countries, is in a budget crunch so severe that it may have to soon begin leaning on a fund intended to prepare it for a future without oil. Running a deficit that could reach 40 per cent of its economy this year, and unable to borrow due to […]