• Al-Bahar: NBK maintained its solid performance, delivering record profits

    KUWAIT: Shaikha Al-Bahar, Deputy Group CEO of National Bank of Kuwait (NBK) said that the outstanding bottom line growth for the first half of 2023 was mainly driven by higher core banking income, as the bank continued to deliver very strong profitability trends, both for the quarter and year-to-date figures.

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  • Trailers, a growing trend in California’s housing crisis

    PLAYA DEL REY, US: Tamara Hernandez moved into a recreational vehicle when her rent shot up. Beau Beard did it because he lost everything after going to prison.

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  • Twitter challenger Threads struggles for traction

    SAN FRANCISCO: After a wildly successful first few days, Threads popularity has waned in the weeks since Meta launched its challenge to Twitter, which lives on despite its problems.

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  • Japan’s inflation accelerates to 3.3% in June

    TOKYO:  Japan’s consumer prices rose 3.3 percent year-on-year in June, with the pace of inflation accelerating from the 3.2 percent recorded in May, government data showed Friday.

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  • Biden evokes AI’s ‘enormous’ risks

    WASHINGTON: President Joe Biden evoked AI’s “enormous” risk and promise Friday at a White House meeting with tech leaders who committed to guarding against everything from cyber-attacks to fraud as the sector revolutionizes society.

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  • G20 ministers fail to agree on fossil fuels roadmap

    NEW DELHI: Energy ministers from the group of 20 nations meeting in India Saturday failed to agree on a roadmap to phase down the use of fossil fuels in the global energy mix. A final statement after the meeting did not even mention coal, a major contributor to global warming.

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  • Top rice supplier India bans some exports

    MUMBAI: The world’s biggest rice exporter India has banned some overseas sales of the grain “with immediate effect”, the government said, in a move that could drive international prices even higher.

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  • Kuwait's June trade surplus with Japan down 33.4 Pct

    TOKYO, July 20 (KUNA) -- Kuwait's trade surplus with Japan narrowed 33.4 percent from a year earlier to JPY 67.9 billion (USD 487 million) in June, down for the third consecutive month due to weak exports, government data showed on Thursday.

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  • Kuwait official briefs UN on 2nd nat'l voluntary report

    NEW YORK, July 20 (KUNA) -- Secretary-General of the Kuwaiti Supreme Council for Planning and Development (SCPD) Dr. Khaled Mahdi reviewed Kuwait's second national voluntary report on its response to the Covid-19 pandemic and relevant international cooperation, mainly with World Health Organization (WHO).

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