Moscow: Inflation has continued to slow in Russia, standing at less than 12 percent in November year on year, after soaring to a 20-year high after the start of Moscow’s assault on Ukraine, statistics showed Friday.

PHOENIX, US: President Joe Biden declared the comeback of US manufacturing Tuesday at the site of a mammoth expansion to a Taiwanese-owned semiconductor plant aimed at breaking risky US dependency on foreign-based producers for the vital component.

BEIJING: China’s imports and exports plunged in November to levels not seen since early 2020, official figures showed Wednesday, as severe COVID restrictions hit the economy hard.

PARIS: This was supposed to be the comeback year for the world economy following the COVID pandemic. Instead, 2022 was marked by a new war, record inflation and climate-linked disasters.

Kuwait: Zain, Kuwait’s leading digital service provider, announced its third consecutive platinum sponsorship of Mirzaam Expo, the biggest interior design event in Kuwait.

WASHINGTON: President Joe Biden flew Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof that the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.

COLLEGE PARK, US: US and European Union officials met for trade and technology talks Monday, but hanging in the balance were heightened tensions over American subsidies for its green industry that Europe considers anti-competitive.

GENEVA: Airlines are expected to return to profit next year for the first time since 2019 despite slowing global growth as they recover from a COVID-induced crisis, an industry group said Tuesday.

Kuwait: Zain, Kuwait’s leading digital service provider, held a special workshop on digital innovation and entrepreneurship success for Kuwait University students.