Business
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Lebanese currency hits new low
BEIRUT: The Lebanese pound hit a new low against the US dollar on the black market Thursday after a sharp…
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China’s PM issues warning on pandemic-hit economy
BEIJING: China’s premier called for more to be done to stabilize the world’s second-largest economy, issuing an unusually stark warning…
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After long trek to Davos, Ukrainians await Western aid
DAVOS: Ukraine’s foreign minister, lawmakers and mayors made long journeys by car, train and plane to the Swiss Alps to…
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Zain awarded ‘Best Telco Operator’
DUBAI/KUWAIT: Zain Group, the leading mobile telecom innovator in seven markets across the Middle East and Africa, announced that it…
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Pfizer offers to sell medicines at cost to poorest countries
DAVOS: US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs on a not-for-profit basis to the…
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US new home sales fall sharply in April as prices continue to climb
WASHINGTON: US new home sales plunged in April to their lowest in two years, even as prices continued to climb,…
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Aleid Foods signs partnership contract with ‘Brunch’ for ready-made meals
KUWAIT: Aleid Foods Company signed a 50 percent acquisition contract with “Brunch” company specialized in ready-made meals, to strengthen its…
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Eaman Al-Roudhan among region’s most inspiring female business leaders
KUWAIT: Zain, the leading digital service provider in Kuwait, announced that Chief Executive Officer Eaman Al-Roudhan was featured among the…
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Walmart says expanding its drone deliveries
NEW YORK: US retail giant Walmart said Tuesday it is dramatically ramping up its drone deliveries, expanding the airborne service…
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China offers bonds, tax breaks as new medicine for ailing economy
BEIJING: Tax breaks and a bond drive for Chinese aviation and railway firms are among a blizzard of fresh measures…
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US unveils Asia-Pacific trade framework; questions remain
TOKYO: US President Joe Biden launched a new Asia-Pacific trade initiative Monday in Tokyo, with 13 countries including India and…
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Euro rallies as ECB signals end to negative rates
FRANKFURT: The euro jumped one percent versus the dollar Monday after European Central Bank chief Christine Lagarde signaled the end…
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