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  • 26, June 2021

    Kuwait’s daily virus cases, deaths drop slightly after two-day jump

    KUWAIT: Kuwait’s daily coronavirus cases jumped by 1,661 to 349,923 as deaths rose by six to 1,919, the Ministry of Health said yesterday. 

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  • 24, June 2021

    India’s Reliance unveils $10bn green energy push

    MUMBAI: Indian oil-to-telecom giant Reliance Industries unveiled plans yesterday to invest $10 billion in renewable energy over the next three years as Asia’s third-largest economy struggles to reduce its dependence on fossil fuels. 

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  • 24, June 2021

    Bank of England keeps low rate, sees ‘temporary’ inflation spike

    LONDON: The Bank of England yesterday froze interest rates at a record-low but forecast a “temporary” inflation spike as the economy reopens, echoing warnings from the European Central Bank and the US Federal Reserve. 

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  • 24, June 2021

    China’s crypto-miners look abroad as Beijing regulators tighten noose

    BEIJING: When a prefecture in northwestern China’s Xinjiang region ordered a halt on cryptocurrency mining projects this month, Chris Zhu scrambled to move clients’ machines southward, spending over a week to reassemble in Sichuan.

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  • 24, June 2021

    US lawmakers advance bills aimed at curbing Big Tech

    WASHINGTON: US lawmakers advanced legislation yesterday aimed at curbing the power of Big Tech firms with a sweeping reform of antitrust laws, setting the stage for a tough floor fight in Congress. 

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  • 24, June 2021

    Toshiba shareholders vote to oust board chair

    TOKYO: Toshiba shareholders voted to oust the board’s chairman on Friday, in the latest twist for the company after scandals and losses, and a rare victory for activist investors in corporate Japan. 

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  • 23, June 2021

    Brexit proves a headache across UK business sectors

    LONDON: A lone worker kneels among the vines at the Ridgeview winery in southern England, as a dozen or so visitors sample the estate’s sparkling wine. Demand for British wine is up domestically but at the same time, Brexit has led to a shortage of seasonal workers, increased costs and red tape.

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  • 23, June 2021

    US lawmakers take first step toward Big Tech regulation

    WASHINGTON: US lawmakers take a first step toward regulating Big Tech yesterday with a vote on a series of bills with potentially massive implications for large online platforms and consumers who use them. 

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  • 23, June 2021

    Italy PM promises reform as EU green lights virus funds

    ROME: Italian Prime Minister Mario Draghi said Tuesday he would proceed with reforms at “maximum speed” after the European Union gave the green light to billions of euros in post-pandemic recovery funds. 

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