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(Bloomberg) -- Bangladesh’s Prime Minister Sheikh Hasina is set to extend her 15-year rule in a boycotted election on Sunday. The question now is whether Western governments led by the US will punish the country for its democratic backsliding and push it closer to China.Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn’t Cut It on This Exclusive Florida IslandBusiness Insider Says Ackman’s Wife Plagiarized Doctoral ThesisTech’s Losing Streak E

Bangladesh’s Prime Minister Sheikh Hasina is set to extend her 15-year rule in a boycotted election on Sunday. The question now is whether Western governments led by the United States will punish the country for its democratic backsliding and push it closer to China.

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U.K. retailer Next has raised its profit guidance for the 2023-24 fiscal year and said it sees brighter days ahead despite a series of macro challenges.

Retailers enter the year with high uncertainty about the economy and consumer spending yet sound confident they'll weather whatever comes at them.