KUWAIT: Many heirs inherit significant assets without the necessary knowledge to manage them wisely, this can lead to financial mismanagement.

NEW DELHI: In March, Adani Group’s head of corporate finance wrote an email to one of its lenders, calling as “baseless” a media report on the group’s alleged bribery investigation in the United States.

LONDON: The new British government’s plan to increase taxes on businesses contributed to the first contraction in private sector activity in over a year, a survey showed, after signs the economy was losing momentum even before last month’s budget.

BAKU, Azerbaijan/NEW YORK: A spike in electricity demand from the world’s big data providers is raising a worrying possibility for the world’s climate: a near-term surge in fossil-fuel use.

YANGON, Myanmar: As civil war pounds Myanmar’s economy and drives up prices, garment worker Wai Wai often starts her shift making clothes for international brands on an empty stomach.

KUWAIT: Gulf Bank is proud to announce that Dasman Diabetes Institute, established by Kuwait Foundation for the Advancement of Science (KFAS), will serve as the Official Health Awareness Partner for the 10th Gulf Bank 642 Marathon.

TOKYO: Japan is readying a $65-billion push in microchips and artificial intelligence aimed at reclaiming its status as a global tech leader and meeting the urgent challenges of its ageing, shrinking population.

NEW YORK: Bitcoin rose to a fresh record high above $94,000 as a report that Donald Trump’s social media company was in talks to buy crypto trading firm Bakkt boosted expectations of a crypto-friendly regime under his incoming administration.

RIO DE JANEIRO: Anti-poverty campaigners have hailed a decision by G20 leaders meeting in Rio to make sure the world’s billionaires “are effectively taxed.