Business
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Microsoft to buy US gaming giant Activision Blizzard
WASHINGTON: Microsoft announced yesterday a $69 billion deal to purchase US gaming giant Activision Blizzard, the firm behind hits like…
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US airlines warn of ‘calamity’ if 5G deployed near airports
WASHINGTON: The chief executives of America’s largest airlines warned of a “catastrophic disruption” to travel and shipping operations if telecommunication…
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Chip crisis pushes European car sales to new low
PARIS: EU car sales fell to a new low last year as the auto sector was hobbled by the COVID…
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OPEC: ‘Robust’ oil demand to overcome Omicron threat
PARIS: Global demand for oil is expected to remain “robust” in 2022 and overcome short-term disruption caused by the Omicron…
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Ozone pollution costs Asia billions in lost crops
TOKYO: Persistently high levels of ozone pollution in Asia are costing China, Japan and South Korea an estimated $63 billion…
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Indian states clamor for Tesla factory after Musk’s tweet
MUMBAI: Indian politicians are clamoring for Elon Musk’s attention on Twitter, chasing the coveted right to host a Tesla factory,…
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World’s 10 richest men doubled wealth during COVID: Report
PARIS: The world’s 10 wealthiest men doubled their fortunes during the first two years of the coronavirus pandemic as poverty…
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VIV Terminal opens at Terminal 5, Kuwait International Airport
KUWAIT: The VIV Terminal commenced its operations at Kuwait International Airport yesterday. VIV is the first private terminal experience to…
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Kuwaitis rank 7th among foreigners buying properties in Turkey
Kuwaiti citizens ranked seventh among foreigners who purchased properties in Turkey last year, according to the Turkish Statistical Institute. The…
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New York apartment sells for $190 million
In one of the priciest sales in New York real estate history, a four-bedroom penthouse apartment overlooking Central Park was…
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Delta CEO says 8,000 employees have tested positive for Covid in last 4 weeks
Delta Air Lines CEO Ed Bastian said about 8,000 of its 75,000 employees tested positive for Covid-19 over the last…
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Soaring US demand for used cars sends prices soaring
WASHINGTON: The used car market in the United States is seeing an unprecedented phenomenon: Owners selling vehicles for as much…
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