• Kuwait reports 7 COVID-19 deaths, 775 new cases

    KUWAIT: Kuwait registered 775 new coronavirus cases during the past 24 hours, raising the total number of cases to 123,092, the Ministry of Health announced yesterday. 

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  • S Korean tycoons pay tribute to late Samsung chief

    SEOUL: South Korea’s billionaire business leaders lined up yesterday to pay respects to the late Samsung Electronics chairman Lee Kun-hee, for decades the country’s richest and most powerful industrialist. 

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  • Pandemic plunges Lagarde into ‘intense’ first year at ECB

    FRANKFURT: It’s been a baptism by fire for Christine Lagarde whose first year as head of the European Central Bank has been dominated by the coronavirus pandemic and the drastic action needed to keep the eurozone economy afloat. 

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  • African money transfer firms thrive

    JOHANNESBURG/HARARE: Having fled an economic implosion in his native Zimbabwe, Brighton Takawira was able to support his mother back home with modest earnings from a small perfume business he set up in South Africa. Then the pandemic struck. Borders closed. 

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  • Kuwait confirms 682 COVID cases, 3 new deaths

    KUWAIT: Kuwait’s Ministry of Health (MoH) registered on Monday 682 additional COVID-19 cases over the past 24 hours, increasing the total number of infections to 122,317, while three new deaths were added to a death toll of 749. 

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  • Big week for Big Tech as earnings, hearings loom

    SAN FRANCISCO: Big Tech is bracing for a tumultuous week marked by quarterly results likely to show resilience despite the pandemic, and fresh attacks from lawmakers ahead of the November 3 election. 

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  • More US firms offer earnings guidance

    NEW YORK: With earnings season in full swing, more companies are again offering earnings guidance, signaling to investors that some corporations are adapting to uncertainty about a global pandemic that may extend deep into next year. 

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  • Airlines suffering from business class blues

    NEW YORK: The COVID-19 pandemic has ushered in the era of video meetings. But can Zoom really replace in-person meetings that require business executives to travel? US airlines have suffered a steep decline in this lucrative category of travel. They do expect a rebound-just not right away. 

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  • Kuwait reports 708 new COVID-19 cases, two deaths

    KUWAIT: The Ministry of Health announced yesterday 708 new COVID-19 infections, raising the total to 121,635. 

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