British tech sector ‘at serious risk’ after SVB collapse: Govt
LONDON: Britain’s technology and life sciences sectors are at “serious risk” following the closure of the Silicon Valley Bank, Chancellor Jeremy Hunt warned on Sunday.
LONDON: Britain’s technology and life sciences sectors are at “serious risk” following the closure of the Silicon Valley Bank, Chancellor Jeremy Hunt warned on Sunday.
FRANKFURT: German giant Volkswagen is set to follow Tesla’s lead with a high-profile price drop as the battle for global dominance in the electric car segment intensifies, and local challengers race ahead in key market China.
RIYADH: Saudi Aramco said on Sunday it achieved “record” profits totaling $161.1 billion last year, drawing an outraged response from activists warning about the ravages of climate change.
WASHINGTON: President Joe Biden and top EU official Ursula von der Leyen announced Friday the start of negotiations on granting access to European producers seeking to export critical minerals for EV batteries under a new US program to stimulate the green economy.
KUWAIT: Zain, Kuwait’s leading digital service provider, has joined forces with Huawei, the global technology leader, to launch a long-term initiative to accelerate the development of green 5G networks and ICT infrastructures.
TORKHAM: A dusty logjam of trucks inches across a rut in the mountains splitting Pakistan and Afghanistan, teeming with a cargo of fruit and coal-and paying the Taleban authorities for the privilege of passage.
KUWAIT: The latest released data by the Ministry of Justice -Real Estate Registration & Authentications Department- indicates a decreased real estate market activity during February 2023 versus January 2023 (after excluding the crafts activity and the coastal strip system).
WASHINGTON: President Joe Biden will present what amounts to his expected 2024 reelection pitch Thursday with the unveiling of a proposed budget protecting free health care for the elderly, while taxing wealthy Americans to help slash the national deficit.
By Majd Othman
KUWAIT: In the presence of the International Labor Organization (ILO) and the International Organization of Employers (IOE), Kuwait Chamber of Commerce and Industry (KCCI) held a meeting on Tuesday to discuss the issue of facilitating the transfer of expatriate workers within the Kuwaiti market.
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