WASHINGTON: Catastrophic computer outages caused by a software update from one company have once again exposed the dangers of global technological dependence on a handful of players, experts warned on Friday.

BENGALURU: Indian IT giant Infosys raised its annual revenue guidance Thursday after reporting a 7.1 percent on-year rise in net profit for the June quarter, signaling a gradual revival in client spending.

TAIPEI: Taiwan chip giant TSMC said Thursday net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products.

PARIS: The athletes’ village for the Paris Olympics, which welcomed its first athletes on Thursday, contains a host of innovations intended to make it a model of low-carbon construction.

MILAN: Italy’s competition watchdog said Thursday that it had opened an investigation into Google and its parent company Alphabet over suspected “unfair commercial practices” linked to user data consent requests sent to consumers.

FRANKFURT: The European Central Bank held borrowing costs steady Thursday, giving policymakers more time to assess progress on inflation after last month’s first interest rate cut in five years.

PREK TAKEO: Food stand owner Dem Mech wells up as he sits in the yard of the home he will lose if Cambodia proceeds with a massive new canal running from the Mekong river to the sea.

KUWAIT, July 18 (KUNA) - Kuwait's Finance Minister and Minister of State for Economic and Investment Affairs Dr. Anwar Al-Mudhaf discussed Thursday with US Ambassador Karen Sasahara several financial and economic issues of common interest.

TOKYO, July 18 (KUNA) -- Kuwait's trade surplus with Japan widened 32.7 percent from a year earlier to JPY 90.1 billion (USD 556 million) in June, up for the second consecutive month buoyed by strong exports, government data showed on Thursday.