By Nawara Fattahova

KUWAIT: Union of Investment Companies (UIC) held a press conference yesterday on the activities of the fifth Kuwait Investment Forum titled ‘Investing in Kuwait, missed and available opportunities’. 

MOSCOW: Russia has introduced restrictions on the export of grains, of which it is a major supplier, to four former Soviet countries to secure domestic supplies and avoid a spike in prices.

LONDON: Britain’s unemployment rate has fallen below its pre-pandemic level, data showed yesterday, but wages are eroding at the fastest pace in eight years as inflation soars.

LONDON: Oil prices plunged yesterday major crude consumer and global economic engine China placed nearly 30 million people under COVID lockdown.

LONDON: The UK yesterday added 350 more Russians to its sanctions list, hiked tariffs on a swathe of imports from vodka to steel, and banned exports of luxury goods in retaliation for Moscow’s invasion of Ukraine. 

WASHINGTON: The Federal Reserve opened its two-day policy meeting yesterday as it prepares to raise borrowing rates for the first time since the pandemic began in an effort to tamp down rising inflation.

BEIJING: China is under intense diplomatic pressure from the US and its European allies to pull its lifeline from an isolated Russia but, three weeks after the invasion of Ukraine, Beijing has shown few signs of abandoning its friends in the Kremlin.

KUWAIT: Huawei Mobile Services (HMS) announced a strategic collaboration with Manga Productions, a subsidiary company of the Mohammed bin Salman MiSK Foundation, to provide users in the Middle East and North Africa (MENA), Russia, Spain, Germany, Italy, Indonesia, and India, with an immersive digital experience.

MOSCOW: Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal reported Sunday.