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Biden says Xi meeting next month is 'a possibility'
Washington: US President Joe Biden said Friday there was a "possibility" he will meet Chinese leader Xi Jinping at an APEC summit in San Francisco in November, but it had not been confirmed yet."There has been no such meeting set up, but it is a possibility," Biden told journalists at the White House, after US media reported the two leaders were set to hold talks to ease tensions between Beijing and Washington.
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US logs fastest hiring pace in months
Washington: US employers stepped up their hiring pace unexpectedly in September while unemployment held steady, government data showed on Friday, adding pressure on policymakers seeking to cool the economy.The US economy added 336,000 jobs last month in the highest surge since January, and the jobless rate was unchanged at 3.8 percent, said the Labor Department.This adds to signals that the American job market remains robust despite efforts by...
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Kuwait's Sheikh Talal Al-Sabah re-elected as IBF chief
Kuwait: Kuwait's candidate Sheikh Talal Al-Mohammad Al-Sabah has been re-elected as president of the International Bowling Federation (IBF) for a third term of four years.Sheikh Talal Al-Sabah was re-elected during a meeting of the IBF's congress, held in Kuwait on Friday.Sheikh Talal won the balloting garnering 87 votes vis a vis 17 ones won by his Canadian contender, Cathy Anis.In remarks to journalists after the election, he pledged to exert...
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UK judge throws out harassment case against Spain's former king
London: A UK judge on Friday ruled that the former lover of Spain's former king Juan Carlos I cannot bring a claim of harassment against him in the courts in London.Danish businesswoman Corinna zu Sayn-Wittgenstein-Sayn, who is in her late 50s and lives in England, sued Juan Carlos, 85, who abdicated in 2014, for damages of more than £126 million ($154 million) for personal injury.She alleged that he caused her "great mental pain" by spying on...
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Putin says Russia's mission is to create 'new world'
Moscow: President Vladimir Putin said Thursday that Russia's mission was to create a "new world" and blamed Western hegemony for Moscow's grinding offensive in Ukraine.Putin has portrayed Russia's full-scale military intervention in Ukraine -- launched in February 2022 -- as part of a long-standing confrontation with the West."We are tasked, essentially, with building a new world," Putin said, adding the West was aiming for global "hegemony"."The...
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Kuwait Oil Min.: Global market heading towards balanced supply, demand
Kuwait: The global market is heading in the right direction towards balanced supply and demand, said Oil Minister Dr. Saad Al-Barrak on Wednesday.This statement by Al-Barrak -- also Deputy Prime Minister and Minister of State for Economic and Investment Affairs -- came during his participation at OPEC's 50th meeting of the Joint Ministerial Monitoring Committee (JMMC), which took place via videoconference.Also attending were Kuwaiti Governor at...
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Trio wins Nobel Chemistry Prize for quantum dots
Stockholm: French-born Moungi Bawendi, Louis Brus of the United States and Russian-born Alexei Ekimov on Wednesday won the Nobel Chemistry Prize for research in tiny particles known as quantum dots.The trio, whose names were leaked in the Swedish press ahead of the announcement, succeeded in producing these tiny components, that "now spread their light from televisions and LED lamps, and can also guide surgeons when they remove tumour tissue,...
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Zain holds insightful session on heart health for staff
Kuwait: In continuation of its informative sessions for employees, Zain recently hosted at its Innovation Campus (ZINC) a special session on cardiology and the heart’s health, presented by renowned Consultant Interventional Cardiologist Dr. Ibrahim Al Rashdan. The session was attended by Zain Vice Chairman and Group CEO Bader Nasser Al Kharafi, the executive management team, and many of the company’s employees.This initiative came under the...
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Dollar tops 150 yen for first time in a year
London: The dollar rose above 150 yen on Tuesday for the first time in a year, as the Japanese currency weakened further on a mix of ultra-loose monetary policy in Japan coupled with rising US interest rates that are attracting investors to the greenback.In mid-afternoon trading, the dollar/yen rate hit 150.08, a level not seen since October 2022, before falling back.
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Zain showcases its digital corporate comms strategy
Kuwait: Zain recently sponsored the Digital PR Forum, an informative event organized by the Kuwait Public Relations Association at the Gulf University for Science and Technology (GUST). The forum gathered notable consultants, academics, and experts from the PR and media fields, and came under support from the Kuwait Foundation for the Advancement of Sciences (KFAS), and under the patronage of Kuwait PR Association’s Honorary President Sheikh...
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Trio wins physics Nobel for work on exploring electrons
Stockholm: Three atomic physicists, France's Pierre Agostini, Hungarian-Austrian Ferenc Krausz and French-Swedish Anne L'Huillier, won the Nobel Physics Prize on Tuesday for research into tools for exploring electrons inside atoms and molecules.The trio was honoured "for experimental methods that generate attosecond pulses of light for the study of electron dynamics in matter," the jury said."An attosecond is so short that there are as many in...
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UK water sector announces record infrastructure spend
London: Water companies in England and Wales on Monday announced plans to nearly double infrastructure investment as they seek to reduce leaks and cut river sewage, triggering higher bills for customers.Companies will together spend £96 billion ($117 billion) on water and sewage infrastructure between 2025 and 2030, a 90 percent increase on the current five-year period, industry body Water UK said in a statement."This investment is essential to...