Thames Water sees financial crisis worsen
LONDON: Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan “uninvestable”.
LONDON: Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan “uninvestable”.
NEW YORK: Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced following his conviction in one of the biggest financial fraud cases in history.
Kuwait: Zain continues to support the annual Girgeaan celebration (traditional candy distribution) organized by Al Kharafi Center for Special Needs Activities.
KUWAIT: As part of their strategic partnership, the Institute of Banking Studies (IBS) honored 25 employees from National Bank of Kuwait (NBK) who participated in a number of IBS training programs, as part of the Professional Certification Programs for year 2023, with total 40 certificates obtained by the bank’s employees.
MOTALA, Sweden: Discarded crisp bags, ketchup bottles and Tupperware containers speed along conveyer belts at a massive high-tech sorting plant dubbed “Site Zero”, which Sweden hopes will revolutionize its plastic recycling.
KUWAIT: Gulf Bank is spreading the joy of Eid Al-Fitr with its customers and the public, by extending its “Ayadi” service to most of its branches and ITMs across Kuwait.
BEIJING: Chinese President Xi Jinping met with representatives of US businesses Wednesday as Beijing seeks to woo foreign investment and reassure American firms in the face of a slowing economy.
SAN FRANCISCO: California, home to Silicon Valley, is eager to rein in the deployment of artificial intelligence and is looking to Europe’s tough-on-big-tech approach for inspiration.
TOKYO: Japan announced plans on Wednesday to develop a next-generation passenger jet over the next decade after the last struggling attempt, led by a private company, was scrapped a year ago.
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