• On ‘Black Friday,’ many US consumers have already shopped

    WASHINGTON: “Black Friday” has kicked off in the United States with companies offering a new batch of “doorbuster” sales and promotions to early holiday shoppers, but online data show that consumers have been spending big for weeks. 

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  • Boursa Kuwait joins ‘Orange the World’ campaign to end violence against women

    KUWAIT: Boursa Kuwait lit up its office building in orange to mark the International Day for the Elimination of Violence Against Women designated by the United Nations, in collaboration with the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women), General Secretariat of the Supreme Council for Planning and Development, the Women’s Research and Studies Center in the College of Social Sciences at Kuwait University, and Soroptimist Kuwait.

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  • Lebanese currency drops to new low

    BEIRUT: The Lebanese pound sank to a new low on the black market Friday, with no end in sight to the economic and political crisis plunging ever growing numbers into poverty. 

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  • Mazda’s first full electric car in the region

    KUWAIT: Kuwait Automotive Imports Company, Kaico Al Shaya & Al Sagar, the authorized distributors of Mazda cars in Kuwait is delighted to announce the arrival of the first Mazda EV the MX 30 in the region.

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  • Respite for Biden as US layoff wave ebbs, spending ramps up

    WASHINGTON: Americans are spending their way into the holiday season, while jobless claims have fallen to historic lows, new data showed Wednesday-offering some respite for President Joe Biden as he steers the recovery from the COVID-19 pandemic amid soaring inflation. 

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  • Coronavirus gloom weighs on German shoppers: Survey

    BERLIN: German shoppers are feeling downbeat as the December Christmas period beckons, a key survey said yesterday, with concerns about soaring coronavirus infections and higher prices gnawing away at festive cheer. Pollster GfK’s forward-looking barometer fell to minus 1.6 points for December, down 2.6 points on the previous month.

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  • Flash mob thefts terrorize US retailers

    WASHINGTON: US retailers are adding security and locking up goods after flash mob heists involving dozens of thieves at once stunned luxury stores in the San Francisco area and beyond, as the holiday shopping season opens.

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  • Orange boss gets suspended sentence over Tapie payout

    PARIS: An appeal court yesterday handed the CEO of France’s Orange telecoms giant Stephane Richard a one-year suspended sentence for complicity in misuse of public funds over a massive 2008 state payout to businessman Bernard Tapie. 

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  • Biden dives into US oil reserves to soothe Americans on inflation

    WASHINGTON: President Joe Biden tapped the US strategic oil reserves in a bid to reassure Americans angry about inflation and goods shortages as they head off to Thanksgiving-and to buoy up his sinking poll ratings. 

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