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RIYADH: Oil giant Saudi Aramco is preparing to join carmakers Geely and Renault in a new joint venture in hybrid and internal-combustion vehicles, the three firms said Thursday.

Saudi Aramco inks deal to invest in Geely-Renault engines venture

RIYADH: Oil giant Saudi Aramco is preparing to join carmakers Geely and Renault in a new joint venture in hybrid and internal-combustion vehicles, the three firms said Thursday. Aramco has signed a letter of intent "to become a potential minority stakeholder" in the subsidiary, the joint statement said.French automaker Renault said in November it was teaming up with China's Geely to develop and produce engines, gearboxes and other components for...

BARCELONA: A person uses a smartphone at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona.- AFP

Chips industry goes all-in on AI

BARCELONA: It's been a wild few years for the microchip industry, recovering from a long-term supply squeeze only to be thrust into the centre of a US-China battle to control supply lines of the valuable technology. But an industry long associated with volatility is quietly getting excited that artificial intelligence (AI) could be the key to some longer-term stability.US firm Nvidia dominates the market in specialized chips known as GPUs, which...

NEW YORK: Elon Musk presented a heady vision Wednesday to turbocharge Tesla's growth at an investor day. -- AFP

Musk eyes torrid growth at Tesla, but offers no big new reveals

NEW YORK: Elon Musk presented a heady vision Wednesday to turbocharge Tesla's growth at an investor day filled with ambitious targets but short on details sought by Wall Street. Reviewing the company's quickly expanding electric vehicle (EV) production, Musk and a team of executives promised more outsized growth through streamlined manufacturing processes, smart design and a relentless focus on costs."There is a clear path to a fully sustainable...

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Huawei creates a 'tech oasis' to light up MWC 2023

KUWAIT: Huawei Consumer BG showcased their innovative technologies, flagship products, ecosystem, etc at the Mobile World Congress 2023 (MWC 2023), held in Barcelona from February 27 to March 2, 2023. With "GUIDE to the Intelligent World" as the theme, the exhibition area of Huawei Consumer BG is designed after the global high-end flagship store to create a "tech oasis" for an immersive experience integrating smart technology and trendy life...

LONDON: Arsenal's Brazilian midfielder Gabriel Martinelli celebrates scoring the team's fourth goal during the English Premier League football match between Arsenal and Everton on March 1, 2023. - AFP

Arsenal go five points clear

LONDON: Gabriel Martinelli starred as Arsenal moved five points clear at the top of the Premier League with a 4-0 rout of struggling Everton on Wednesday. Bukayo Saka broke Everton's stubborn resistance late in the first half before Brazilian forward Martinelli doubled Arsenal's lead at the Emirates Stadium. Martin Odegaard bagged the third and Martinelli wrapped up Arsenal's biggest victory since October on a night that could serve as another...

CHARLOTTE: Kevin Durant #35 of the Phoenix Suns warms up before their game against the Charlotte Hornets at Spectrum Center on March 01, 2023.- AFP

Durant shakes off pre-game jitters; Suns win in Charlotte

LOS ANGELES: Kevin Durant shook off pre-game jitters to score 23 points in his Phoenix Suns debut, helping his new team to a 105-91 victory in Charlotte that halted the Hornets' five-game NBA winning streak. Durant was acquired from Brooklyn in a blockbuster trade three weeks ago but was sidelined until Wednesday with a sprained knee ligament. As Durant announced his arrival in the Western Conference, back in the East the Milwaukee Bucks and...

Nelly Korda of the US

Korda survives ' little oopsy' as Szokol takes surprise LPGA lead

SINGAPORE: Former world number one Nelly Korda survived a "little oopsy" to card a four-under-par 68, four strokes behind surprise leader Elizabeth Szokol, after the first round of the HSBC Women's World Championship in Singapore on Thursday. Olympic champion Korda was in a tie for third place after she managed to scramble a par following a wayward tee shot on the short fourth hole and stay in touch with Szokol.Korda's fellow American, who is...

In this file photo employees poses with an artwork entitled ‘Murnau mi Kirche II’ (Murnau with Church II) by Wassily Kandinsky.— AFP

Kandinsky masterpiece sells for record $45 million

Wassily Kandinsky's masterpiece "Murnau Mit Kirche II", recently recovered by the descendants of its owner, a German Jew killed by the Nazis, sold for $45 million on Wednesday, a record for the artist according to auctioneers Sotheby's. The 1910 painting, a colorful vision of the German village of Murnau with its church spire stretched like the peaks of the Bavarian Alps, heralded the Russian master's move towards abstraction.The oil work once...

Models present creation from Christian Dior Womenswear Fall-Winter 2023-2024 collection during Paris Fashion Week in Paris.— AFP photos

Power scarves and punk elegance for Dior and Saint Laurent's strong women

Dior and Saint Laurent both combined nostalgia with homages to strong, independent women as the two French fashion giants presented their latest collections in Paris on Tuesday. Under a giant surreal flower made of flourescent textiles, Dior offered a softer reworking of its classic New Look from the 1950s.A few hours later, Saint Laurent drew on very different traditions, with golden chandeliers, tinkling piano music-and the giant shoulder pads...

Ari Sanchez signs autographs for BNK.

BNK Group signs sponsorship deal with padel player Sanchez

By Faten OmarKUWAIT: BNK Group held a signing ceremony on Thursday to officially announce its sponsorship of international padel player Ariana Sanchez at Volvo Studio. After the official signing agreement between BNK Holding and Sanchez, BNK Group Chairman Bader Nasser Al-Kharafi told Kuwait Times that the top-ranked World Padel Tour (WPT) female player Sanchez will represent Kuwait and BNK in international tournaments.Ari Sanchez signs T-shirts...

KUWAIT: HH the Prime Minister Sheikh Ahmad Al-Nawaf Al-Sabah meets interior ministry officials and security personnel guarding celebrations of the national days on Arabian Gulf Street on Feb 28, 2023.

Premier conveys leadership's greetings to MoI personnel

By B Izzak & KUNAKUWAIT: HH the Prime Minister Sheikh Ahmad Al-Nawaf Al-Sabah conveyed to interior ministry personnel the greetings and appreciations of HH the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah and HH the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, stressing their work is a source of pride.In a press statement, the interior ministry's general department of public relations and security media said this came during the...

LARISSA, Greece: Aerial photo taken on March 1, 2023 shows emergency crews searching the wreckage after a train accident in the Tempi Valley. - AFP

Head-on train crash kills 36 in Greece

LARISSA, Greece: A head-on collision between two trains in Greece killed 36 people, with many more still missing on Wednesday after the accident on a route plagued by years of safety warnings. In Greece's worst train tragedy in decades, two carriages were crushed and a third engulfed in fire when a passenger train and freight train collided in the central city of Larissa.At least 85 people were injured in the accident, which left a tangled mess...

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MELBOURNE: Women walk past signage advertising Australian universities in the central business district oin this June 10, 2020 file photo. - AFP

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