LONDON: Container shipping prices have reached record highs some 18 months after the outbreak of the coronavirus pandemic which disrupted maritime logistics chains and drove demand sky-high. 

KUWAIT: A total of 36 centers are available in Kuwait to provide COVID-19 vaccines, including 31 in primary health care clinics, Health Ministry Spokesman Abdullah Al-Sanad said. Among these 31 centers, 15 are allocated to administer the Pfizer-BioNTech vaccine, while the Oxford-AstraZeneca is given at the remaining 16, he added. 

WASHINGTON: The IMF is bullish on the US economic recovery, predicting growth will hit 7 percent this year-much stronger than previously forecast and “the fastest pace in a generation,” the Fund said in a report. 

PARIS: A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share wherever they operate, the OECD said, but some EU states refused to sign up. 

WASHINGTON: President Joe Biden on Friday cheered the “historic” US rebound from the COVID-19 crisis as the economy gained 850,000 new jobs in June, cementing the evidence of a broad recovery. 

KUWAIT: The Delta variant of the novel coronavirus continues to affect unvaccinated people who make up the majority of patients in hospitals and intensive care units in Kuwait, head of the Supreme Committee for COVID-19 Dr Khaled Al-Jarallah said yesterday. 

LONDON: The OPEC+ group of oil-producing countries started their meeting yesterday and were expected to agree to boost output in August to meet demand and limit recent price rises. 

WASHINGTON: New applications for unemployment benefits fell last week to 364,000, according to government data released yesterday, the lowest since March 14, 2020 when the pandemic lockdowns began. 

TOKYO: Confidence among major Japanese manufacturers has hit its highest level since 2018, a key business survey showed yesterday as they bet on a strong post-pandemic recovery despite some setbacks.