LONDON: Britain’s annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates in the coming months.

PARIS: French regulators said Wednesday they were fining Google 250 million euros ($272 million) for breaching commitments on paying media companies for reproducing their content online and for using their material for its AI chatbot without telling them.

SAN FRANCISCO: DeepMind co-founder Mustafa Suleyman will become the head of a newly-created consumer AI unit at Microsoft, the scientist and entrepreneur said on Tuesday.

KANYEMBA, Zimbabwe: Ladias Konje’s maize field in northeastern Zimbabwe is normally green at this time of the year, but it is already parched yellow. The drought from the El Nino weather pattern has withered leaves, wilted cobs and raised the specter of hunger for the 38-year-old and millions of others.

BRUSSELS: EU member states and lawmakers on Wednesday reached a deal to cap duty-free imports of a range of Ukrainian farm goods, which were allowed in the wake of Russia’s invasion but have drawn fierce protests from farmers in the bloc.

WASHINGTON, March 20 (KUNA) -- The Federal Open Market Committee (FOMC) decided on Wednesday to keep the targeted range of the benchmark interest rate unchanged between 5.25 percent and 5.5 percent, for the fifth straight policy meeting, as inflation remains elevated.

ISTANBUL, March 20 (KUNA) -- Turkiye Wealth Fund (TWF) and UAE's Sharjah Islamic Bank (SIB) have signed a USD 100 million Murabaha financing agreement.

LONDON, March 20 (KUNA) -- Official data released, Wednesday, showed a reduction in inflation rates by calculating the price index in the UK last month from four percent to 3.4 percent, the lowest in approximately 30 months.

KUWAIT: For the fourth consecutive year, Gulf Bank is organizing ‘Nuqsat Al-Khaleej’ as part of its various community events and initiatives during the holy month of Ramadan, in collaboration with several local restaurants and bakeries, every Thursday.