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KPC: Kuwait’s oil sector records ‘exceptional’ profit of KD 2.6 bn
KUWAIT: Kuwait’s oil sector achieved "exceptional" profit of KD 2.6 billion ($8.4 billion) for the fiscal year 2022-2023. The remarks were made by Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud Al-Sabah in a speech on Wednesday during the annual meeting of senior oil sector officials organized by the Petrochemical Industries Company.KPC is following international standards in the field in training and preparing young employees to...
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Record-setting Djokovic, Gauff steam into US Open semi-finals
NEW YORK: Novak Djokovic charged into a record 47th Grand Slam semi-final on a steamy Tuesday at the US Open with a straight-sets win over Taylor Fritz, while home favourite Coco Gauff stayed on track for her first major title. Djokovic shrugged off ninth seed Fritz 6-1, 6-4, 6-4 to extend his dominance of American players in New York and take another step closer to a record-extending 24th men’s Grand Slam title. The 36-year-old Serbian star...
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Messi back as WCup qualifiers kick off
MONTEVIDEO: After a dazzling start to his career in Major League Soccer, Lionel Messi returns to international duty with Argentina this week as South America’s long qualifying road to the 2026 World Cup kicks off on Thursday. Nine months ago, Messi crowned his glittering career by leading Argentina to a World Cup crown in Qatar cementing his status as the greatest player of his generation. Since that magical night in Doha, the diminutive...
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Football warriors: Ukrainian amputees get back on the ball
KYIV: Goalkeeper Yevgen Nazarenko laughed as he warmed up on a football pitch in Kyiv. He had been asked to stretch his hands, but he only has one. Nearby Oleg, who has only one foot, groaned and lost balance as he did press-ups. Both men lost limbs fighting for Ukraine. Once or twice a week, a dozen or so amputees get together in the Ukrainian capital for football training. Most played regularly before their injuries, now prosthetic legs are...
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Sri Lanka survive Afghanistan scare to reach Super Four
LAHORE: Title-holders Sri Lanka outlasted a rampaging Afghanistan by just two runs in a dramatic finish to reach the Asia Cup Super Four stage on Tuesday. Needing to overhaul a target of 292 in 37.1 overs to oust Sri Lanka on net run-rate, Afghanistan fell agonisingly short as Mujeeb Ur Rahman holed out with three needed from the first ball of the 38th over. They could still have qualified by reaching 295 within 37.4 overs but appeared to not be...
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Kuwait gets four seats in West Asian diving federation
KUWAIT: Kuwait on Tuesday won four seats on the Standing Committees of the West Asian Diving Federation, which is based in Kuwait, after the board of directors meeting via video communication (zoom). The results of the formation of the permanent committees of the union resulted in the recommendation of representatives of Kuwait, namely Salam Al-Rajib for membership (international relations), Hani bin Hussein for (technical committee), Hind...
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New Rolling Stones album to be released on Oct 20
The Rolling Stones will release their first album of new music in 18 years next month, lead singer Mick Jagger announced on Wednesday. "We're here to present our new single, which is called 'Angry', and the video," he told a launch event at Hackney Empire in east London. "'Angry' is the first single from our new album, called 'Hackney Diamonds', which is out on October 20." The album is also the first since the death of drummer Charlie Watts and...
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In inflation-hit Buenos Aires, tango enthusiasts sway the blues away
Argentina’s biting economic crisis cannot keep tango enthusiasts from seeking out the haunting tunes of piano and concertina music at a dwindling number of dance halls in the capital. For many, in fact, the deepening hardship is exactly what drives them to seek solace in the arms of a dance partner at places called “milongas” to the sway of a musical genre closely associated with working class struggle. At a milonga, “you feel... a...
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Africa demands global finance reforms to spur green growth
NAIROBI: African leaders on Wednesday demanded sweeping changes to the global financial system and urged the international community to back a surge in renewable energy as they wrapped up a landmark climate summit in Kenya. Africa is acutely vulnerable to the growing impacts of climate change, but leaders at the three-day meeting in Nairobi were eager to cast the continent not as a victim but a long-ignored ally in the fight against global...
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Thousands of Freddie Mercury’s personal items to go on sale
Thousands of items belonging to the charismatic Queen frontman Freddie Mercury, from manuscripts of his band’s biggest hits to furniture, paintings and knick-knacks are on auction in London from Wednesday. Among the highlights of the Sotheby’s “evening sale”, which will be followed by two other live auctions and three online sales, is Mercury’s piano. The Yamaha quarter-tail piano was bought by Mercury in 1975 and was used to create...
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Obesity drugs give Danish economy a major boost
COPENHAGEN: Massive demand for diabetes and weight loss drugs made by Danish pharmaceutical group Novo Nordisk have turned it into Europe’s most valuable company, giving Denmark’s economy a major makeover. “If it wasn’t for Novo Nordisk there wouldn’t have been any growth” in the first six months of the year, Danske Bank chief economist Las Olsen told AFP.The company’s earnings have ballooned thanks to two in-demand prescription...
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Production cut extension likely to support oil
By Ole HansenKUWAIT: Crude oil prices rose on Tuesday after Saudi Arabia and Russia announced an extension to current production and export cuts to yearend. Brent crude oil traded above $90 for the first time since November while WTI, which in recent weeks has led the rally amid falling domestic crude stocks, touched $88 before running out of steam, partly due to the fact an extension was expected and was already partly priced in. We see the...