BERLIN: German prosecutors said yesterday they have charged Wirecard’s former chief executive Markus Braun and two other high-ranking managers for the colossal commercial fraud that led to the collapse of the payment company.

BERLIN: Germany plans to buy up to 35 US-made F-35 fighter jets and 15 Eurofighter jets, a parliamentary source said yesterday, as part of a major push to modernize the armed forces in response to Russia’s invasion of Ukraine.

YENAGOA, Nigeria: A blast has hit an oil pipeline run by Italian producer Eni in southern Nigeria, cutting some exports and causing a crude spill, its local operating company said yesterday. 

KUWAIT: Kuwait Projects Company (Holding) has announced reaching a preliminary agreement to merge by amalgamation with Qurain Petrochemical Industries Company (QPIC).

HELSINKI: Finland’s long-delayed Olkiluoto-3 nuclear reactor went online for the first time on Saturday, the plant’s operator said.

COCHEM, Germany: For many years, the residents of the leafy town of Cochem in the German Rhineland went about their daily business with no idea they were living on a gold mine.

GENEVA: Airlines may find themselves swept up in unprecedented turbulence – with air travel shunned over climate concerns, plagued by pandemic shutdowns and soaring oil prices – but for private jet operators, business is booming.

TUNIS: Households across North Africa are rushing to stock up on flour, semolina and other staples as food prices rise following Russia’s invasion of Ukraine, both key wheat exporters to the region.

KUWAIT: Seara, a food brand that is completely committed to high quality products, is bringing the joy of cooking to homes and kitchens across Kuwait with the launch of its high-quality range of frozen foods.