KUWAIT: Burgan Bank has reaffirmed over the first nine months of 2021 its commitment to actioning the core pillars of its corporate strategy for growth and development, which reflected positively in the reported strong net income of KD 40.3 million and a steady growth of 23.6 percent compared to the same period of the prior year. 

KUWAIT: Global Finance magazine presented National Bank of Kuwait (NBK) with a number of its annual awards as “Best Consumer Digital Bank” for 2021, totaling 10 awards on the level of Kuwait and the Middle East. 

WASHINGTON: Private businesses hired 571,000 workers last month, payroll services firm ADP reported yesterday, the latest sign that the US economy is bouncing back from the Delta wave of COVID-19. 

GLASGOW: Focus at the COP26 summit turned yesterday to how the world will pay for its ambitions to quit fossil fuels and help vulnerable nations survive climate change, as campaigners urged caution over promises of billions from financiers and governments. 

WASHINGTON: Scandal-hit Facebook is shutting down its long-criticized facial recognition system and deleting scan data on a billion people, it said Tuesday, in a shock response to privacy concerns. 

KUWAIT: Toyota’s deep-rooted commitment to sustainable mobility was in the spotlight recently as the 2021 Toyota Mirai set a new world record for the longest distance travelled by a hydrogen Fuel Cell Electric Vehicle (FCEV) without refueling. 

BHADLA, India: As camels munch on the fringes of Thar desert, an oasis of blue solar panels stretches further than the eye can see at Bhadla Park-a cornerstone of India’s bid to become a clean energy powerhouse. Currently, coal powers 70 percent of the nation’s electricity generation, but Indian Prime Minister Narendra Modi has pledged that by 2030, India will produce more energy through solar and other renewables than its entire grid now.

MUMBAI: Online giant Google and Asia’s richest man Mukesh Ambani opened advance orders in India for an entry-level smartphone billed as the world’s most affordable, joining the race to tap into the booming budget market. Ambani’s conglomerate Reliance Industries announced in July last year that it would partner with Google to launch the 4G smartphone, competing with Chinese and South Korean manufacturers that already have a strong foothold in the South Asian nation. 

LISBON: Tesla shares sunk in early trading yesterday after founder Elon Musk cast doubt on a deal to supply Hertz with rental cars.