Kuwait: In an exciting day for local football fans, and with over 25,000 spectators attending Sabah Al Salem Stadium, Zain celebrated the thrills of the Kuwait Premier League (Dawri Zain) derby between Arabi SC and Qadisiya SC in the 13th round’s opening match.

HONG KONG: Most Asian markets fell Thursday, tracking another loss on Wall Street after minutes from the US Federal Reserve’s December meeting dampened hopes for an early interest rate cut.

WASHINGTON: US Federal Reserve officials expect interest rates will need to remain high “for some time” to tackle stubborn inflation, according to minutes of the most recent rate decision published on Wednesday.

MADRID: Spanish telecoms giant Telefonica said Wednesday it had reached a deal with unions to lay off up to one-fifth of its domestic workforce as part of its efforts to reduce costs.

NEW YORK: Oil giant Chevron said it would take an accounting hit to part of its US assets and recognize some losses, resulting in an impact in its fourth quarter results of up to $4 billion.

RENNES: When Philippe Le Gal brought his oysters to market this weekend, he expected them to sell quickly. It was, after all, New Year’s Eve, a day when the delicacies are a crucial ingredient for champagne-soaked celebrations in French homes and restaurants.

KUWAIT: The inaugural session of the “TAMAKAN” training program was launched featuring executive management members from National Bank of Kuwait (NBK).

WASHINGTON, Jan 4 (KUNA) -- US President Joe President Biden signed CHIPS and Science Act to "restore America's leadership in semiconductor manufacturing and ensure America's consumers, businesses, and military maintain reliable access to the chips that underpin nearly every aspect of our economy," the White House said in a statement on Thursday.

KUWAIT, Jan 4 (KUNA) -- The US dollar exchange rate against the Kuwaiti dinar was stable at KD 0.307 on Thursday, while the Euro went down 0.30 percent to KD 0.335 in comparison to the day before.