• Gulf Bank app offers exclusive services for account transfers

    KUWAIT: Gulf Bank’s new mobile application is swiftly advancing towards digital leadership, offering a comprehensive range of high-quality services.

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  • US hiring blows past expectation

    WASHINGTON: US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it weighs when to start cutting interest rates.

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  • Apple lays off over 600 staff

    WASHINGTON: Apple has laid off more than six hundred employees, according to data from a California state agency, the first known post-pandemic job cuts at the iPhone juggernaut.

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  • US and China agree to hold talks on ‘balanced economic growth’

    GUANGZHOU: The United States and China have agreed to hold “intensive exchanges on balanced growth”, the US Treasury Department said in a statement, after two days of talks between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.

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  • Artificial Intelligence a ‘game changer’

    ZURICH: A majority of corporate executives across leading economies believe artificial intelligence will be a “game changer” for their industry but admit their leadership teams lack the knowledge to understand AI’s risks and rewards, a study showed Friday.

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  • Boursa Kuwait releases its third standalone Sustainability Report

    KUWAIT: Boursa Kuwait released its third standalone Sustainability Report, which shed light on the Kuwaiti stock exchange’s corporate sustainability strategy and initiatives in 2023, as well as assessing the company’s non-financial performance and progress for the period from January 1 to December 31, 2023.

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  • World food prices rise for first time in seven months

    PARIS: Global food prices rose in March, the first increase since July, pulled higher by cooking oil prices despite the cost of grains continuing to ease, the UN’s Food and Agricultural Organization said Friday.

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  • China using AI to sow division in US, Microsoft says

    SAN FRANCISCO: China is ramping up use of AI-generated content and fake social media accounts to inflame division in the United States and elsewhere, according to the latest report from Microsoft’s threat center.

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  • Zimbabwe launches gold-backed currency

    HARARE: Zimbabwe’s central bank launched a new “structured currency” backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilize the country’s long-floundering economy.

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