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French trader who bet the house on oil shock and won

LONDON: French trader and specialist oil hedge fund manager Pierre Andurand saw it coming from early February. His call—and a lucrative one at that—was that there would be a massive slump in oil prices, to the point of unprecedented negative prices for ‘black gold’.“There is no limit to the drop in prices ... negative prices are possible,” the founder of Andurand Capital posted to Twitter on April 20.Hours later the price of a WTI...

BEIJING: Two women wearing face masks walk past a mall in Beijing. China’s travel ban is wreaking havoc among foreign companies and international schools, with many fearing for their future as executives, teachers and students are left stranded in their home countries.—AFP

China ban leaves global businesses in limbo

BEIJING: Two women wearing face masks walk past a mall in Beijing. China’s travel ban is wreaking havoc among foreign companies and international schools, with many fearing for their future as executives, teachers and students are left stranded in their home countries.—AFP BEIJING: China’s coronavirus travel ban is wreaking havoc among foreign companies and international schools, with many fearing for their future as executives, teachers...

MAKASSAR: A villager stands next to a banner readings their rejection to the rapid test for their community members amid concern of the COVID-19 coronavirus, in Makassar, South Sulawesi. Dozens of Indonesians have been arrested for snatching COVID-19 victims from hospitals in a bid to bury them according to local customs in the Muslim majority nation. — AFP

Indonesian police battle wave of ‘body snatching’ by grieving relatives

MAKASSAR: A villager stands next to a banner readings their rejection to the rapid test for their community members amid concern of the COVID-19 coronavirus, in Makassar, South Sulawesi. Dozens of Indonesians have been arrested for snatching COVID-19 victims from hospitals in a bid to bury them according to local customs in the Muslim majority nation. — AFP MAKASSAR: Indonesian hospitals are beefing up security at their morgues after a spate...

CALIFORNIA: People gather during a vigil around a makeshift memorial at the tree where Robert Fuller was found dead outside Palmdale City Hall on June 13, 2020, to demand a full investigation into the death of Robert Fuller, a 24-year-old black man found hanging from a tree, in Palmdale, California. —AFP

Atlanta police chief resigns after officer kills black man

CALIFORNIA: People gather during a vigil around a makeshift memorial at the tree where Robert Fuller was found dead outside Palmdale City Hall on June 13, 2020, to demand a full investigation into the death of Robert Fuller, a 24-year-old black man found hanging from a tree, in Palmdale, California. —AFP WASHINGTON: The police chief in the US city of Atlanta resigned after an officer fatally shot a black man during an arrest, the mayor said...

CHICAGO: Chicago police officers on bikes follow crowds during a protest on June 13, 2020 in Chicago, Illinois. Protests erupted across the nation after George Floyd died in police custody in Minneapolis, Minnesota on May 25th. —AFP

Police torn between shame and pride for their badge

CHICAGO: Chicago police officers on bikes follow crowds during a protest on June 13, 2020 in Chicago, Illinois. Protests erupted across the nation after George Floyd died in police custody in Minneapolis, Minnesota on May 25th. —AFP NEW YORK: US police officers at the center of demonstrations that have roiled the country are caught between their commitment to the job and recognition that reforms are needed to address institutional racism...

VALENCIA: Valencia’s Spanish forward Rodrigo Moreno (L) vies with Levante’s Spanish defender Sergio Postigo during the Spanish League football match between Valencia and Levante at the Mestalla stadium in Valencia on June 12, 2020. — AFP

Valencia and Getafe stumble in La Liga race for top four

VALENCIA: Valencia’s Spanish forward Rodrigo Moreno (L) vies with Levante’s Spanish defender Sergio Postigo during the Spanish League football match between Valencia and Levante at the Mestalla stadium in Valencia on June 12, 2020. — AFP MADRID: Ten-man Levante scored a 98th-minute penalty on Friday to snatch a 1-1 draw against Valencia as La Liga completed its second day of fixtures since its return from the coronavirus suspension. It...

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I was up all night waiting as I was told my daughter-in-law was admitted to hospital in labor. I stayed up with the phone in my hand, sending messages and making calls. Hours went by until finally a message came with the picture and sound of a baby angel, declaring that Lana just arrived. Excitement did not subside; rather I became restless. I wanted to see my granddaughter and inquire about her mother’s health. But even here corona had its...

TURIN: Juventus’ Portuguese forward Cristiano Ronaldo (C) shoots on goal during the Italian Cup (Coppa Italia) semi-final second leg football match Juventus vs AC Milan on June 12, 2020 at the Allianz stadium in Turin, the first to be played in Italy since March 9 and the lockdown aimed at curbing the spread of the COVID-19 infection, caused by the novel coronavirus. — AFP

Juve squeeze past Milan to reach final

TURIN: Juventus’ Portuguese forward Cristiano Ronaldo (C) shoots on goal during the Italian Cup (Coppa Italia) semi-final second leg football match Juventus vs AC Milan on June 12, 2020 at the Allianz stadium in Turin, the first to be played in Italy since March 9 and the lockdown aimed at curbing the spread of the COVID-19 infection, caused by the novel coronavirus. — AFP ROME: Juventus reached the Italian Cup final on Friday after a...

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Kuwait reports 514 new COVID-19 infections, total cases up to 35,466

KUWAIT: The Kuwaiti Ministry of Health on Saturday reported 514 new infections with the novel coronavirus (COVID-19), taking the country's count of confirmed cases to 35,466. Four people also died from the infectious respiratory illness over the past 24 hours, raising Kuwait's death toll due to the virus to 289 so far, the ministry's Spokesman Dr Abdullah Al-Sanad said in a press statement. The latest cases include 281 Kuwaiti citizens, 63...

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US report highlights status of religious freedoms in Kuwait in 2019

KUWAIT: The United States Department of State released its 2019 Report on International Religious Freedom, providing in-depth analysis for religious freedoms in countries around the world. The Department of State submits this annual report to the Congress in compliance with section 102(b) of the International Religious Freedom Act of 1998 (P.L. 105-292), as amended. The report covers the period between January 1 and December 31, 2019. US...

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Minister hails oil sector staff efforts

KUWAIT: Efforts exerted by oil sector employees came in response to the directives of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, said the Oil Minister and Acting Electricity and Water Minister Dr Khaled Al-Fadhel Thursday. This came in a statement issued by the Kuwait Petroleum Corporation, on the sidelines of the field visit by the Minister accompanied by the KPC CEO Hashem Hashem to Mina Al-Ahmadi refinery to check the...

Abdulrahman Al-Ateeqi

Amir offers condolence over Ateeqi’s demise

Abdulrahman Al-Ateeqi KUWAIT: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent on Friday a condolence cable to the family of late Abdulrahman Salem Al-Ateeqi. In the cable, His Highness the Amir voiced sincere and heartfelt condolences over the demise of one of the nation’s loyal men who contributed to development in the country, and paid tribute to his achievements and great contributions through the high-level posts and...

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KUWAIT: HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah receives Crown Prince of Jordan Al-Hussein bin Abdullah II at Bayan Palace on Dec 15, 2024. - Amiri Diwan

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DAMASCUS: People chat at a pub on Dec 13, 2024. - AFP

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SEATTLE: Kuwait's Undersecretary of Finance Aseel Al-Munifi and Microsoft's Executive Vice President of Public Sector Angela Heise sign a memorandum of understanding during a meeting in the presence of officials. — KUNA

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DAMASCUS: People react as they search for their missing relatives among bodies recovered at the Saydnaya prison, at the morgue of the Damascus Hospital, also known as the Mujtahid Hospital, on Dec 15, 2024. - AFP

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