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  • 24, January 2023

    Eurostar recovery hampered by post-Brexit passport checks

    BRUSSELS: Cross-Channel train operator Eurostar complained Tuesday that slower post-Brexit passport checks for travelers are forcing it to run some services almost one-third empty.

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  • 23, January 2023

    Macau ponders future even as tourists and gamblers return

    MACAU: Macau’s streets were packed in the run-up to the Lunar New Year after pandemic controls were abruptly lifted but it is far from business as usual as the Chinese casino hub wrestles with questions about its future.

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  • 23, January 2023

    Microsoft invests billions in ChatGPT firm OpenAI

    WASHINGTON: Microsoft on Monday said it had extended its partnership with OpenAI, the research lab and creator of ChatGPT, an artificial intelligence chatbot that has sparked widespread fears of cheating in schools and universities.

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  • 23, January 2023

    Concern over plan to withdraw from Kuwait’s Future Generation Fund

    By Majd Othman

    KUWAIT: Former Managing Director of Kuwait Investment Authority Farouk Bastaki expressed concerns over reported plans by the government to withdraw from the Future Generations Fund after taking advantage of the General Reserve Fund during the previous period, especially since the price of a barrel of oil is expected to range between $50 and $60 in the next five years.

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  • 22, January 2023

    Inflation in Kuwait climbed 3.15 percent in 2022

    Kuwait: The consumer prices on annual basis grew by 3.15 percent by the end of 2022 compared with the year before, according to the State of Kuwait Central Statistical Bureau (KCSB).

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  • 22, January 2023

    Zain Strategic Partner of Kuwait Motor Show 2023

    Kuwait: Zain, Kuwait’s leading digital service provider, announces its strategic partnership with the 11th Kuwait Motor Show 2023, the nation’s biggest gathering of automobile, ATV, and motorcycle dealerships.

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  • 22, January 2023

    Google cuts 12,000 jobs as tech woes bite again

    NEW YORK: Google’s parent company Alphabet announced it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech giant to enact large-scale restructuring.

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  • 22, January 2023

    US media rocked by layoffs amid economic downturn

    NEW YORK: From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn.

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  • 22, January 2023

    ‘Quota system’ in Kuwait development projects leads to losses, risks: Analyst

    By Majd Othman

    KUWAIT: Development projects in Kuwait suffer from several obstacles that prevent the country from enjoying improvement and growth, in addition to its effect on the economic situation of the country that could be very negative in the future if project development remains almost frozen.

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