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SHANGHAI: Two investors chat in a stock firm in Fuyang, east China’s Anhui province yesterday. Trading on the Shanghai and Shenzhen stock exchanges was ended early yesterday after shares fell seven percent, the first time China’s new “circuit breaker” intervened to curb market volatility. — AFP
China triggers global stocks slump - Shocking start to 2016 as Shanghai plunges 7%
SHANGHAI: Two investors chat in a stock firm in Fuyang, east China’s Anhui province yesterday. Trading on the Shanghai and Shenzhen stock exchanges was ended early yesterday after shares fell seven percent, the first time China’s new “circuit breaker” intervened to curb market volatility. — AFPLONDON: Fresh evidence of China's economic slowdown sent world stock markets tumbling yesterday, with Europe and the United States following...
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Gold prices low at end of 2015: Report
KUWAIT: Gold prices ended the last session of 2015 at a low rate for the third year in a row, reaching $1,060 per ounce at the US Commodity Exchange (COMEX), according to a specialized economic report released yesterday. Gold prices are affected by the inflation rate, the drop in oil prices, the rise in US profit rates and the continuous rise in international stock markets, said ICN online economic magazine.The report noted that policies adopted...
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US shale industry is wounded but not dead - Asiya Capital Investments Company Analysis
KUWAIT: Low energy prices are taking its toll in the American energy industry. The current environment affected negatively its revenue generating capacity. The cash-flow for a group of 46 leading oil companies tracked by the EIA shrank by 33 percent YoY due to lower income, notwithstanding expenditure cuts in important items such as capital expenditure and dividends. Producers have been able to withstand low prices in 2015 due to high levels of...
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Warba Bank acquires equipment leasing portfolio in United States
KUWAIT: Warba Bank, a leading bank in Kuwait, yesterday announced the acquisition of equipment leasing portfolio managed by ATEL Capital Group, an independent equipment lessor based in the United States of America becoming the first Kuwait enterprise to invest with the company.The acquisition of portfolio is in line with Warba Bank's strategy of capturing attractive sharia compliant investment opportunities regionally and internationally, while...
TEHRAN: Iranian surgeon Javad Amirizad operates on a nose job at his private clinic in the capital Tehran. —AFP
Nose bandages symbolize Iran cosmetic surgery craze
TEHRAN: Iranian surgeon Javad Amirizad operates on a nose job at his private clinic in the capital Tehran. —AFPTEHRAN: Lying on an operating table in northern Tehran, Nazanine says she wants it all: a third nose job, her eyebrows tattooed and liposuction on her thighs to "fix" her figure. The patient in her 40s "had two nose jobs with another doctor, but wasn't happy and asked us to do it again," says her doctor Javad Amirizad, the latest...
WASHINGTON: Meat labels are seen at a grocery store in Washington. It’s now harder to find out where your meat was born, raised and slaughtered. — AP
Consumers won't know meat origin as US ends labeling law
WASHINGTON: Meat labels are seen at a grocery store in Washington. It’s now harder to find out where your meat was born, raised and slaughtered. — APWASHINGTON: It's now harder to find out where your beef or pork was born, raised and slaughtered. After more than a decade of wrangling, Congress repealed a labeling law last month that required retailers to include the animal's country of origin on packages of red meat. It's a major victory for...
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Tarantino's 'The Hateful Eight' wins Best Movie at Capri Hollywood Film Fest
Quentin Tarantino's "The Hateful Eight" won best movie honors at the Capri Hollywood Film Festival. The Weinstein Co. release also won best actor for Samuel L Jackson, best supporting actress for Jennifer Jason Leigh and best musical score for Ennio Morricone. The awards were announced by Lina Wertmuller, honorary president of the festival, and Pascal Vicedomini, secretary general of the Institute Capri in the World.The festival's board includes...
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'Star Wars' box office surpasses 'Titanic,' 'Jurassic World'
"Star Wars: The Force Awakens" marched confidently into the new year, raking in an additional $88.3 million over the New Year's weekend and topping the box office for a third week, according to studio estimates Sunday. In addition to setting a new high mark in New Year's box office history, the record-busting film blew past the domestic grosses of both "Jurassic World" ($652.3 million) and "Titanic" ($658.7 million) to become the second-highest...
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Real Madrid sack Benitez, appoint Zidane
MADRID: Real Madrid’s new French coach Zinedine Zidane (left) poses with Real Madrid’s president Florentino Perez at the Santiago Bernabeu stadium yesterday. — AFPMADRID: Real Madrid have sacked coach Rafa Benitez after less than half a season in charge and promoted former France and Real great Zinedine Zidane from the B team to replace him, president Florentino Perez said yesterday. Perez announced the dismissal of Benitez, who had a...
VALENCIA: Valencia’s Paco Alcacer, center left, celebrates after scoring against Real Madrid during Spanish La Liga soccer match at the Mestalla stadium in Valencia, Spain, Sunday. — AP
Benitez's Madrid stumbles in 2-2 draw at Valencia
VALENCIA: Valencia’s Paco Alcacer, center left, celebrates after scoring against Real Madrid during Spanish La Liga soccer match at the Mestalla stadium in Valencia, Spain, Sunday. — APBARCELONA: Real Madrid squandered a great opening goal and a chance to catch Barcelona in the Spanish league standings when it slipped to a 2-2 draw at Valencia in a match it ended with 10 men on Sunday.Madrid seemed set to romp to an easy victory after Karim...
CAPE TOWN: South African batsman and Captain Hashim Amla plays a shot during the third days play in the second Test cricket match between England and South Africa at the Newlands stadium yesterday in Cape Town, South Africa. — AFP
Amla stands firm against England
CAPE TOWN: South African batsman and Captain Hashim Amla plays a shot during the third days play in the second Test cricket match between England and South Africa at the Newlands stadium yesterday in Cape Town, South Africa. — AFPCAPE TOWN: South African captain Hashim Amla defied England's bowlers and batted throughout the third day of the second Test at Newlands yesterday.Amla made an unbeaten 157 as South Africa reached 353 for three at the...
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KUWAIT: Oil Minister Tariq Al-Roumi with the officials of the Ministry of Oil on Sunday. -- KUNA
Al-Roumi urges Kuwait oil sector to focus on innovation, efficiency
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JEDDAH: Kuwait and Saudi Arabia discus arrangements for the annual Haj pilgrimage. – KUNA
Kuwait, Saudi sign agreement on haj arrangements
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RIYADH: Top diplomats from the Middle East and Europe gathered to discuss Syria pose for a picture on Jan 12, 2025. - AFP
Saudi calls to lift Syria sanctions
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LOS ANGELES: Firefighters monitor flames in the Mandeville Canyon neighborhood on Jan 11, 2025, as the Palisades Fire continues to burn. - AFP
Winds threaten to spread LA inferno; Trump lashes out
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The entrance to ‘Makshat 3’ project.
Record turnout for ‘Mikshat 3’ project this year