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FRANKFURT, Germany: Oliver Blume, CEO of German car producer Porsche AG, stands in front of a board displaying the chart of Germany's share index DAX during the launch of Porsche's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt am Main, western Germany, on September 29, 2022. – AFP

Porsche ignites blockbuster IPO, defying market turmoil

FRANKFURT: Luxury sports carmaker Porsche raced onto the Frankfurt stock exchange Thursday with one of Europe's biggest listings in years, leveraging its brand power to defy global market turmoil. Its shares rose to over 84.70 euros ($81.90) in morning trading, bettering the 82.50 euros price set by its parent company Volkswagen, and outperforming a weak Frankfurt market. Even as markets worldwide suffer from surging inflation and mounting...

DUISBURG, Germany: This file photo shows bread rolls on sale in a bakery in Beelitz, eastern Germany. - AFP

Germany deploys 200bn euro shield in 'energy war'

BERLIN: Germany on Thursday extended a 200-billion-euro ($194-billion) shield to protect households and businesses from skyrocketing power costs, as Europe's biggest economy found itself in an "energy war over prosperity and freedom" against Russia. "The German government will do everything so that prices sink," Chancellor Olaf Scholz vowed, announcing a price cap for electricity and gas, as well as a plan to cream off windfall profits made by...

KUWAIT: Kuwait's fans cheer their favorite team during the AFC Futsal Asian Cup Kuwait 2022 Championship.

Wins for Saudi, Iran, Vietnam in first Kuwait-hosted Futsal Cup encounter

By Abdellatif Sharaa, AgenciesKUWAIT: Bahrain drew 4-4 with Turkmenistan on Thursday in the second round of group two of the AFC Asian Futsal Cup tournament. Bahrain's goals were scored by Ahmad Antar (9), Mohammad Abdallah (13), Falah Abbas (26, penalty) and Mohammad Al-Sindi (40). Turkmenistan's goals were scored by Shaheedov. Bahrain's coach said his team had control of the match and deserves more than (1) point.Meanwhile, Saudi Arabia, Iran...

TORONTO: Aaron Judge #99 of the New York Yankees celebrates with Oswaldo Cabrera #95 after he hits his 61st home run of the season in the seventh inning against the Toronto Blue Jays at Rogers Centre on September 28, 2022.- AFP

All rise! Yankees' slugger blasts 61st homer to equal Maris record

TORONTO: New York Yankees slugger Aaron Judge blasted his 61st home run of the season on Wednesday to equal the legendary Roger Maris's longstanding American League record. Judge, who has been motoring towards Maris's record all season, had been stuck on 60 home runs after failing to homer in seven straight games and 33 at bats. But the 30-year-old power-hitter ended his drought in spectacular fashion on Wednesday, crushing a 394-foot two-run...

SAN FRANCISCO: Stephen Curry #30 of the Golden State Warriors poses with the four Larry O’Brien Championship Trophies that he has won with the Warriors during the Warriors Media Day in San Francisco, California. - AFP

Teams 'reloading' to dethrone Warriors as NBA champions

TOKYO: Stephen Curry said Thursday that NBA teams are "reloading" to dethrone the Golden State Warriors as champions, as they begin their pre-season preparations this weekend in Japan. Sharp-shooter Curry is aiming for his fifth championship when the season gets underway next month, and he urged his Warriors teammates to "embrace" the target on their backs."It's very easy to stay motivated because you want to maintain this feeling for as long as...

French singer Kaaris

French rapper Kaaris released in domestic violence probe

French rapper Kaaris was released late Wednesday after turning himself in for questioning over domestic violence allegations by an ex-partner, prosecutors told AFP Thursday. Investigators in the Paris suburb of Evry said that the probe would continue into the alleged attack on Linda P., with whom early French trap pioneer Kaaris has a child.The two were interviewed together for eight hours starting on Wednesday afternoon, the rapper's lawyers...

Coolio performs at 90sFEST Pop Culture and Music Festival in this file photo in Brooklyn, New York. - AFP

Coolio, rapper behind hit 'Gangsta's Paradise,' dies

Coolio, the US rapper best known for the chart-topping 1995 song "Gangsta's Paradise," has died, his manager said Wednesday. He was 59 years old. The Grammy-winning musician passed away in Los Angeles. No cause of death was immediately provided. Coolio's friend and long-standing manager Jarez Posey confirmed the news to AFP without providing additional details.Posey told celebrity news website TMZ that Coolio was found unresponsive in the...

A pedestrian walks past a hoarding advertising a skin-whitening cream on a street in Abidjan. Many African countries including Ivory Coast have banned the use of skin-lightening products because of health concerns. - AFP photos

Skin whitening products remain popular in Cameroon despite risks

Wearing a large hat protecting her face from the sun's rays in Cameroon, 63-year-old Jeanne now bitterly regrets using skin whitening products after being diagnosed with skin cancer. She is one of many women in Cameroon who use the controversial products that have been banned after social media outrage."I am embarrassed when people look at me," the trader in the capital of Yaounde said, wishing to only use her first name. After a lesion grew on...

An image of Britain's Queen Elizabeth II is seen in the window of a high street store in Edinburgh.- AFP

Britain's Queen and the artists who captured her

Filmed, photographed and painted from all angles over many decades, Queen Elizabeth II sat for a string of renowned British artists whose works have been brought together in a new exhibition. At the entrance to London's Quantus gallery, more used to showing the works of street artists like Banksy or Stony, a bronze bust of the queen who died on September 8 welcomes visitors.It is one of the centrepieces of Majesty: A Tribute to the Queen which...

The National Assembly.

Kuwaitis vote in 'election of hope' for a new Kuwait

By B IzzakKUWAIT: Kuwaiti voters head to the ballots on Thursday to elect a new parliament in a historic election, hoping to see an end to non-stop political bickering and put the oil-rich country back on the right track following years of turmoil. The snap elections were called after HH the Amir intervened and dissolved the National Assembly in August, barely 20 months after it was elected, after disputes between the former government and...

VIENNA: Dr Sheikh Ahmad Nasser Al-Mohammad Al-Sabah e-participates in the 66th IAEA General Conference of 2022. – KUNA Photo

Kuwait supports peaceful use of nuclear power

KUWAIT: Kuwait Foreign Minister Dr Sheikh Ahmad Nasser Al-Mohammad Al-Sabah took part in the IAEA 66th general conference of 2022 in Vienna on Tuesday, giving a speech addressing both members and constituents alike. He began by thanking the members for their efforts to put together the conference and also thanked Director General of the IAEA, Rafael Grossi and his staff for their efforts to uphold such a gathering in materializing the agency's...

KUWAIT: Hashem Al-Refaei congratulates cyber security engineer, Ahmad Ali Abdullah

National Guard lauds engineer, initiates visit to schools

KUWAIT: National Guard Undersecretary, Hashem Al-Refaei, has congratulated cyber security engineer, Ahmad Ali Abdullah who was chosen as one of the best cybersecurity leaders in the Middle East for the year 2022 by the biggest assembly of global consultant companies in the field. KUWAIT: General Riyadh Tiwari distributes gifts for students.The Undersecretary's congratulation was made on behalf of the Head of the National Guard, Sheikh Salem...

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JEDDAH: Saudi Arabia inaugurated on Wednesday the largest logistics investment by global shipping company Maersk in Jeddah Islamic Port. – AFP file photo

Saudi opens largest logistics investment in Jeddah Port

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LONDON: Mike Lynch, CEO of Autonomy Group, attends The Times CEO summit at the Savoy Hotel in London in this June 21, 2011 file photo. -- AFP

British tech tycoon ‘beat the odds’ till yacht tragedy

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JAKARTA: Demonstrators burn objects amid clashes outside the Parliament building in Jakarta on August 22, 2024. — AFP

After protests, Indonesia cancels discussions to change election rules

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BEIRUT: Acting governor of Lebanon's Central Bank Wassim Manssouri, gives a press conference at the bank's headquarters in Beirut . -- AFP

Lebanon CB chief says ‘striving’ to prevent grey-listing

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Rockets fired from southern Lebanon are intercepted by the Zionist entity's Iron Dome air defense system over the Upper Galilee region on August 23, 2024. — AFP

Airlines fly over Afghanistan as Middle East skies become risky