• CES tech fair opens under pandemic shadow

    The Consumer Electronics Show (CES) throws open its doors to thousands yesterday in Las Vegas despite surging COVID-19 cases in the United States, as one of the world’s largest trade fairs tries to get back to business. After a series of high-profile companies like Amazon and Google cancelled over climbing virus risk, the return of the in-person convention was cast in doubt.

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  • OPEC, allies agree on another modest oil output hike

    LONDON: OPEC and its allies decided yesterday to maintain their policy of modestly boosting oil output next month as the rapidly spreading Omicron variant has so far not heavily hit demand.

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  • Kuwait reports 1,482 COVID cases; US sets record with 1 million

    KUWAIT: Kuwait yesterday said 1,482 more people tested positive for COVID-19 over the past 24 hours, taking the country’s total caseload to 420,796, health ministry data showed. 

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  • Banquet, wedding halls see booking cancellations

    KUWAIT: Amid a rise in the number of coronavirus cases in the country, celebrations for birthdays, weddings and anniversaries have been called off from Jan 9 till Feb 28, as per an order by the government. 

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  • Zain holds third COVID vaccination campaign for staff

    KUWAIT: Zain, the leading digital service provider in Kuwait, held a third COIVD-19 vaccination campaign for its staff at its main headquarters in Shuwaikh in collaboration with the Ministry of Health. 

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  • Turkish inflation hits 19-year high

    ANKARA: Turkey’s annual inflation rate surged to its highest level since 2002 in December, official data showed yesterday, after a currency crisis sparked by President Recep Tayyip Erdogan’s unconventional economic policies. Consumer prices jumped to 36.1 percent last month from the same period in 2020, up from 21.3 percent in November, according to the Turkish statistics office.

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  • CES tech fair to draw crowds as COVID surges

    LAS VEGAS: The Consumer Electronics Show (CES), one of the world’s largest trade fairs, returns to Las Vegas in person this week under a newly resurgent pandemic that has supercharged the industry but threatens its downsized expo. 

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  • OPEC names Kuwaiti oil executive as new secretary general

    LONDON: Top oil producing countries yesterday picked Kuwaiti oil executive Haitham Al-Ghais as the next secretary general of the Organization of the Petroleum Exporting Countries (OPEC). 

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  • Bitcoin faces uncertain 2022 after record year

    LONDON: The price of bitcoin hit record highs in 2021 thanks to support from traditional finance, but cryptocurrency specialists are struggling to predict next year’s outcome for the volatile sector. 

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