• Kuwait lists 586 new COVID cases, no deaths

    KUWAIT: The ministry yesterday listed 586 new coronavirus cases, bringing the caseload of infections to 165,843. MoH official spokesperson Dr Abdullah Al-Sanad said that no new fatalities with the contagious disease were registered during the same period, thus mortalities’ toll steadied at 959.

    Read More
  • Britain to apply to join Asia-Pacific free trade bloc

    LONDON: Britain will apply to join a massive 11-nation free-trade bloc of Asia-Pacific countries, it announced Saturday, weeks after leaving the European single market with its departure from the EU. 

    Read More
  • With Amazon billions, MacKenzie Scott shakes up philanthropy

    WASHINTON: Food banks, immigrant rights groups, and struggling colleges across the US discovered a surprise benefactor last year as billions of dollars flowed into organizations hurting during the pandemic from MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos. 

    Read More
  • Biden, Democrats seek huge increase in US minimum wage

    NEW YORK: When President Joe Biden unveiled a $1.9 trillion stimulus proposal earlier this month, few were surprised by the plan’s hefty price tag or sweeping scope. 

    Read More
  • China’s factory activity slows on new COVID wave

    BEIJING: Factory activity in China slowed slightly in January, official data showed yesterday, as the country rushed to stamp out a recent coronavirus wave in northern China. 

    Read More
  • Kuwait lists 635 new COVID cases

    KUWAIT: Kuwait Health Ministry yesterday listed 635 new coronavirus (COVID-19) cases and no deaths registered during the past 24 hours, raising the caseload of contaminations with the virus to 165,257 while fatalities’ overall count steadied at 959.

    Read More
  • Taxes and food certificates: UK counts Brexit costs

    LONDON: A tangle of post-Brexit paperwork, duties and taxes is disrupting commercial ties between Britain and the European Union that have often taken years to build, piling extra costs on small firms that can make cross-Channel trade unprofitable. 

    Read More
  • GameStop surges in frenzied trading but equities tumble

    NEW DELHI: Global stocks finished an ugly week with another volatile session Friday as the buying frenzy over GameStop and some other equities resumed amid stepped-up scrutiny from regulators. Major US indices fell about two percent following similar drops in Europe and Asia, while investors shrugged off some positive developments on coronavirus vaccines.

    Read More
  • Regulators take notice as Reddit onslaught continues

    NEW YORK: The US Securities and Exchange Commission (SEC) on Friday said its regulators were keeping an eye on the whipsawing share prices of some Wall Street stocks that had been targeted by a social media-driven campaign to make wealthy hedge funds suffer.

    Read More