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  • 21, February 2021

    Property: A blessing and a burden for the Vatican

    VATICAN CITY: Prestigious addresses in Paris, London and Geneva and 3,000 properties across Rome: the Vatican has revealed more details of its real estate empire, a source of income-and scandal. 

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  • 21, February 2021

    Sudan shifts to managed currency float amid crisis

    KHARTOUM: Sudan announced yesterday it was ditching its fixed exchange rate and adopting a managed float, in line with an IMF program but at the risk of fanning already-simmering discontent. 

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  • 21, February 2021

    33 countries added to list of COVID high-risk nations

    KUWAIT: Kuwait has added 33 countries to the list of 35 high-risk coronavirus countries, taking the total to 68 countries where COVID-19 is considered to be widespread. 

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  • 21, February 2021

    Kuwait lists 768 new COVID cases, five deaths

    KUWAIT: Kuwait yesterday reported 768 new coronavirus cases and five COVID-related deaths, taking the total cases up to 184,090 and deaths to 1,044. 

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  • 20, February 2021

    UK court shakes up gig economy with ruling against Uber

    LONDON: Britain’s top court on Friday ruled that drivers for US ride-hailing giant Uber are entitled to workers’ rights, in a judgment with huge implications for the so-called “gig economy”. 

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  • 20, February 2021

    Bitcoin goldrush sparks fears of speculative bubble

    LONDON: Bitcoin has enjoyed a record-breaking week after electric carmaker Tesla and Wall Street finance giants sparked a goldrush for the world’s most popular virtual currency, but bubble fears persist. 

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  • 20, February 2021

    IMF dismisses inflation concerns over massive US stimulus plan

    WASHINGTON: Fears that inflation could spiral out of control due to a massive US stimulus package are overblown, IMF chief economist Gita Gopinath said Friday. 

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  • 20, February 2021

    French village says ‘non’ to Musk’s space-age Internet

    SAINT-SENIER-DE-BEUVRON, France: To realize his dream of satellite-powered internet, tech billionaire Elon Musk needs to install antennas around the world. 

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  • 20, February 2021

    Kuwait lists further 862 COVID-19 cases, five deaths

    KUWAIT: Kuwait said 862 people tested positive for coronavirus with five related deaths reported yesterday, taking the total cases and deaths to 183,322 and 1,039 respectively. 

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