BERLIN: Germany’s gas stocks have fallen to a “worrying” level, an economy ministry spokeswoman said yesterday, as fears over a possible invasion of Ukraine by Russia put further pressure on energy supplies. “Of course we are monitoring the situation of the storage levels and that is certainly worrying,” said the spokeswoman during a regular government press conference.

ANKARA: When temperatures plunged well below freezing in Ankara and energy prices soared, Dondu Isler had to make a tough choice to both stay warm and keep her soaring utility bills down. She turned off the heating in two bedrooms of her apartment. 

KUWAIT: Zain, the leading digital service provider in Kuwait, announced its strategic partnership of ‘Kuwait Codes’, an educational coding program for high school students in Kuwait. 

VENICE: The blown glass creations forged in the furnaces on Venice’s Murano islands are prized around the world-but soaring gas prices are threatening the centuries-old craft. 

DUBAI, UAE: Rising oil prices are boosting economic growth throughout the oil producing economies of the MENA region, with predictions that GDP will largely return to pre-pandemic levels during the course of 2022. 

NEW YORK: Budget US carriers Spirit and Frontier announced yesterday they will merge to create a competitive low-cost airline, in an industry “shake up” they say aims to challenge the dominance of larger rivals. 

KUWAIT: The Central Bank of Kuwait (CBK) stressed yesterday the importance of boosting its efforts for meeting the international requirements and recommendations of the Financial Action Task Force (FATF) to combat money laundering and finance of terrorism. 

BERLIN: The unfinished “Global Dream” rests quietly in a dock as the COVID-19 pandemic has turned the cruise ship into a nightmare for the shipyard in Wismar along Germany’s windswept Baltic coast. 

PARIS: In the extravagant world of the French luxury industry, brands used to prefer destroying their unsold goods rather than offering their high-priced products at a discount.