Philips sees ‘uncertainty’ due to COVID
THE HAGUE: Dutch electronics giant Philips said yesterday it saw “uncertainty” this year due to the coronavirus pandemic, as net profit for 2020 rose 1.9 percent.
THE HAGUE: Dutch electronics giant Philips said yesterday it saw “uncertainty” this year due to the coronavirus pandemic, as net profit for 2020 rose 1.9 percent.
KUWAIT: Kuwait registered 492 coronavirus (COVID-19) cases in addition to two deaths in the past 24 hours, raising the caseload of contaminations with the virus to 161,777 and the fatalities’ toll to 954, the Health Ministry said yesterday.
MIAMI: The city of Miami, with a growing reputation as a financial services center enhanced by its balmy climate and low taxes, is now making a concerted and increasingly successful push to attract hi-tech firms from Silicon Valley and New York.
WASHINGTON: With a new year and a new administration in the White House, the US central bank nonetheless faces an unprecedented challenge in guiding the post-pandemic economic recovery.
LONDON: London will enjoy a very strong year for stock market flotations, analysts say, arguing that both Brexit and coronavirus offer firms a unique opportunity to expand.
MOSCOW: “I’m an American!” a young Russian under the username Neurolera exclaims in English on the popular video-sharing app TikTok as she explains how to impersonate a tourist to avoid arrest at a street demonstration.
BRUSSELS: A slowdown in eurozone business activity accelerated in January, making a new recession almost certain as the Covid-19 pandemic continues to batter the economy, a key survey showed Friday.
PARIS: Emerging stronger from the Covid-19 pandemic, Asia is set to dominate this year’s virtual World Economic Forum as a virus-battered West struggles and a new US president faces particularly daunting challenges.
KUWAIT: Kuwait listed 534 new coronavirus infections and no virus-related deaths yesterday, compared to 533 new cases and one death on Friday, taking the total cases up to 160,901 and deaths to 952, the health ministry said.
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