BRUSSELS: Consumer groups from eight EU countries lodged complaints against Meta on Thursday, accusing the Facebook and Instagram owner of illegally processing user data and using its “pay or consent” system as a “smokescreen” for privacy breaches.

LONDON: Major stock markets traded mixed Thursday before the release of US inflation data that could present a clearer idea on when the Federal Reserve will start cutting interest rates as inflation cools.

KUWAIT: Embracing the holy month of Ramadan, LuLu Hypermarket launched its eagerly anticipated ‘Ramadan Special’ promotion on February 28, marking the occasion with the grand opening of the traditional ‘Ramadan Souq’ at its Al-Qurain outlet.

KUWAIT: In a continued effort to celebrate momentous occasions with its employees, Burgan Bank hosted a memorable event specially organized for its staff, in celebration of Kuwait National and Liberation Days.

SEOUL: Meta chief Mark Zuckerberg met South Korea’s President Yoon Suk Yeol in Seoul Thursday and discussed cooperation on AI and ways to prevent fake news circulation ahead of key elections, Yoon’s office said.

NEW DELHI: India’s economy grew 8.4 percent in the December quarter, official data showed Thursday, with a surging manufacturing sector helping defy more modest analyst forecasts.

KUWAIT, Feb 29 (KUNA) -- The US dollar exchange rate against the Kuwaiti dinar was stable at KD 0.307 on Thursday and the euro was also steady trading at KD 0.333, the Central Bank of Kuwait (CBK) said.

KUWAIT: For the second time this year, the renowned singer Nabil Shuail has redirected his support to Gulf Bank, encouraging his fans and followers to transfer their accounts to Gulf Bank and take advantage of its cards without any limitations and enjoy all their benefits.

HONG KONG: Hong Kong has axed three major property transaction taxes in a bid to revive its depressed housing market, finance minister Paul Chan said in his annual budget speech Wednesday.