NEWARK: Aviation authorities were racing Wednesday to figure out what caused the outage of a crucial alert system that forced the temporary halt on all US domestic takeoffs, triggering thousands of delays and cancellations.

BAGHDAD/KUWAIT: Zain Group announced that its operation in Iraq has entered into a definite 15-year agreement to sell and leaseback, as well as the management rights of the passive physical infrastructure of its 4,968 tower portfolio in Iraq to TASC Towers Iraq for $180 million.

PARIS: French luxury group LVMH announced a leadership shuffle on Wednesday, naming a new CEO at flagship brand Louis Vuitton and appointing the daughter of billionaire boss Bernard Arnault atop Christian Dior Couture.

LONDON: Britain’s government stood accused Wednesday of actively undermining talks with union leaders in a bid to encourage strike action and depress workers’ wages across the economy.

MEXICO CITY: The leaders of the United States, Mexico and Canada pledged Tuesday to deepen regional economic integration and boost cooperation in clean energy, setting aside simmering trade tensions.

Washington: Global growth is expected to slow to 1.7 percent this year, the World Bank said Tuesday, slashing its economic forecast on high inflation, rising interest rates and Russia’s invasion of Ukraine.

KUWAIT: DHAMAN’s Executive Management & Ribera’s Team Health Assurance Hospitals Company (DHAMAN) started preparations to operate the health system, through working with the team of the international operator, the Spanish company Ribera Salud, which will operate DHAMAN’s health network of primary healthcare centers and hospitals distributed in the various governorates of Kuwait.

RIYADH: Following the success of Saudi Tadawul Group’s inaugural Saudi Capital Market Forum in 2022, the Group is pleased to announce that it will host the second edition of the Saudi Capital Market Forum from 12 to 13 February 2023 in Riyadh, Saudi Arabia.

WASHINGTON: Global growth is expected to slow “perilously close” to recession in 2023, the World Bank said Tuesday, slashing its economic forecast on high inflation, rising interest rates and Russia’s invasion of Ukraine.