KUWAIT: The Kuwait Petroleum Corporation (KPC) issued a series of decisions Sunday appointing Ahmad Al-Eidan and Wadha Al-Khateeb as CEOs of the Kuwait Oil Company and the Kuwait National Petroleum Company respectively.

Kuwait: Zain, the leading digital service provider in Kuwait, announced its strategic sponsorship of the London Business School MENA Startup Competition, LBS’s inaugural venture competition in the region.

KUWAIT: The Governor of the Central Bank of Kuwait (CBK) and Chairman of the Board of Directors of the Institute of Banking Studies, Basel Ahmed Al-Haroun, announced the launch of the third round of the “Kuwaiti Economic Student Award,” addressed to undergraduate and graduate students.

NAIROBI: Kenya Airways flights were disrupted Saturday as a strike by its pilots demanding better working conditions grounded over a dozen planes, affecting thousands of passengers, the country’s transport minister said.

WASHINTON: US job gains topped expectations in October, according to official data released Friday, as hiring remained resilient and wages moved ever higher, underscoring the challenges in lowering rampant inflation.

London: The Bank of England on Thursday hiked its interest rate 0.75 percentage points, the biggest increase in 33 years, to fight inflation set to peak around 11 percent in recession-hit Britain.

By Faten Omar

KUWAIT: Tobacco is one of the biggest public health threats the world has ever faced, killing more than 8 million people a year, including around 1.2 million deaths from exposure to second-hand smoke, according to World Health Organization.

LONDON: The Bank of England on Thursday announced its biggest interest rate hike since 1989 to combat sky-high inflation that it warned was pushing Britain into a recession set to last until mid-2024.

BEIJING: The lockdown of Foxconn’s Zhengzhou factory, the world’s biggest producer of iPhones, has highlighted some of the risks of relying on zero-COVID China’s manufacturing sector, analysts told AFP.