• Brent oil hits year-high above $60

    LONDON: The benchmark oil contract Brent North Sea rose above $60 per barrel yesterday to hit the highest level since the coronavirus pandemic began to spread globally almost a year ago. 

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  • CBK marks National Days, national currency anniversary with coin issue

    KUWAIT: The Central Bank of Kuwait (CBK) is marking the 60th anniversary of the Independence and the 30th anniversary of the Liberation of the State of Kuwait, as well as the 60th anniversary of the issue and circulation of the Kuwait national currency, the Kuwaiti dinar, by issuing three commemorative coins on these occasions, stated CBK Governor Dr Mohammad Y Al-Hashel.

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  • Bitcoin hits record near $45,000 after Tesla’s $1.5bn investment

    LONDON: Bitcoin hit a record-high near $45,000 yesterday after Elon Musk’s electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $44,795.20 around 1325 GMT, before cooling slightly to $44,207.95. 

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  • Kuwait lists 996 new COVID cases, three deaths

    KUWAIT: Kuwait’s Ministry of Health (MoH) yesterday listed 996 new coronavirus (COVID-19) cases, bringing the caseload of contaminations to 171,994. 

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  • Govt panel, businesses discuss easing closure, compensation

    KUWAIT: Representatives of small businesses called on the ministerial emergency committee to ease closures of businesses and compensate small and medium businesspeople who have incurred heavy losses because of the government shutdowns of commercial activities to stem the rise in coronavirus cases. 

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  • Telemedicine takes off in Germany during pandemic

    AACHEN, Germany: When doctor Andreas Bootsveld has to make life-or-death decisions about COVID-19 patients, he is not alone-as well as consulting his colleagues, he can draw on the advice of a team of specialists. 

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  • Container shipping sector navigates COVID pandemic

    LONDON: Maritime container freight shipping is steaming ahead through the COVID-19 pandemic, boosted by strong demand for Chinese exports and a shortage of vessels according to industry experts. 

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  • Brexit and COVID slash UK exports to EU: Report

    LONDON: Brexit and coronavirus have slashed the volume of surface freight leaving Britain for the European Union by 68 percent from last January, according to figures published in The Observer yesterday. 

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  • Kuwait’s COVID-19 cases jump by 962 to 170,998

    KUWAIT: Kuwait registered 962 COVID-19 cases over a 24-hour span, increasing the total number of infections to 170,998, while two fatalities were recorded to raise the death toll to 966, the Ministry of Health (MoH) announced yesterday. 

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