BRUSSELS: EU energy ministers failed Thursday to agree a cap on gas prices to mitigate the energy crunch in Europe amid deep divisions over an initial proposal slammed by many as a “joke”.

SAN FRANCISCO: New Twitter owner Elon Musk on Wednesday polled users on whether the site should offer a general amnesty to suspended accounts, using the same method he used to handle the case of Donald Trump.

NEW YORK: The Black Friday kickoff of the holiday shopping season is expected to bring especially deep discounts in 2022, but one challenge will be finding consumers confident enough to spend.

KUWAIT: Boubyan Bank took a new step towards further achievements as it approached the end of this year by receiving a new upgrade of its credit rating from Standard & Poor’s Ratings, which upgraded the bank’s long-term issuer credit rating to “A”, and revised its Outlook to “Stable”, while upgrading its SACP rating to “bbb+”.

BEIJING: Violent protests have broken out around Foxconn’s vast iPhone factory in central China, as workers clashed with security personnel over pay and living conditions at the plant.

SAN FRANCISCO: After snapping up Twitter, one of Silicon Valley’s most iconic companies, Elon Musk swiftly introduced his no-holds-barred work ethic, setting up a bitter culture clash with thousands of workers who still believed in the platform’s higher mission.

Kuwait: Zain, the leading digital service provider in Kuwait, successfully concluded its Dubai Roadshow startup accelerator tour, featuring ten Kuwait-based businesses as part of the company’s seventh Zain Great Idea tech startup accelerator program.

ROME: Italy’s new far-right government unveiled its first budget on Tuesday, with most of the nearly €35 billion in spending for 2023 going on the energy crisis rather than flashy electoral promises.

PARIS: World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for “essential” further monetary policy tightening and “more targeted” government support.