• China’s foreign coal push risks global climate goals

    BEIJING: China’s plan to fund dozens of foreign coal plants from Zimbabwe to Indonesia is set to produce more emissions than major developed nations, threatening global efforts to fight climate change, environmentalists have warned. 

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  • US govt, states sue Facebook

    WASHINGTON: US federal and state antitrust enforcers filed suit against Facebook on Wednesday claiming the social media giant abused its dominant position and seeking to unwind its acquisitions of messaging services Instagram and WhatsApp. 

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  • Kuwait reports 291 new COVID-19 cases, 5 deaths

    KUWAIT: Kuwait reported 291 new coronavirus infections on Thursday to raise the total number of cases to 145,495, while five deaths recorded over the past 24 hours upped the death toll from the outbreak to 910, the health ministry said. 

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  • KFH pioneer in keeping abreast of digital technology: Al-Roshood

    KUWAIT: Kuwait Finance House (KFH) participated in “Investing in Kuwait- Capitalizing on Transformation” digital conference hosted by FT Live in partnership with fDi Magazine and Kuwait Direct Investment Promotion Authority (KDIPA). 

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  • UBS chief faces prosecution over money laundering

    THE HAGUE: A Dutch court yesterday ordered the prosecution of the head of Swiss banking giant UBS, Ralph Hamers, over money-laundering when he was CEO of the Dutch lender ING. 

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  • Airbnb, DoorDash lead ‘unicorn parade’ ending busy IPO year

    SAN FRANCISCO: Airbnb and DoorDash make their stock market debut this week as part of a “unicorn parade” capping a busy year for hot startups going public. 

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  • Boeing 737 MAX returns to sky

    ABOARD A BOEING 737 MAX, Brazil: More than 20 months after it was grounded following two deadly crashes, Boeing’s 737 MAX returned to the skies yesterday with an incident-free commercial flight in Brazil, said journalists on board. 

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  • Kuwait lists five COVID deaths, 304 new cases

    KUWAIT: Kuwait listed 304 new coronavirus infections yesterday raising the total to 145,204, while five deaths recorded over the past 24 hours upped the death toll from the outbreak to 905, the health ministry said. 

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  • Japan approves $700 billion stimulus package

    TOKYO: Japan’s government yesterday approved more than $700 billion in fresh stimulus to fund projects from anti-coronavirus measures to green tech, the country’s third such package this financial year. The Covid-19 pandemic has wrought global economic carnage and countries across the world have announced massive cash injections. 

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