• Kuwait registers 1,017 new COVID cases, five deaths

    KUWAIT: Kuwait’s Ministry of Health (MoH) registered yesterday 1,017 additional COVID-19 cases over a 24-hour span, increasing the total number of infections to 180,505, while five fatalities were recorded, raising the death toll to 1,019, as the percentage of overall recoveries out of total infections showed a 93.3 percent survival rate. 

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  • UK budget must extend virus support: Analysts

    LONDON: Britain must use next month’s budget to extend coronavirus financial support measures and tackle inequalities exacerbated by the COVID crisis before a gradual withdrawal as the virus lockdown is eased, analysts urged yesterday. 

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  • Singapore rolls out new budget boost for virus-hit firms

    SINGAPORE: Singapore yesterday unveiled a fresh multi-billion-dollar package to help pandemic-battered businesses and fund a vaccination drive, as part of the city-state’s annual budget. 

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  • A year after Diamond Princess, cruise industry eyes return

    TOKYO: David Abel and his wife Sally might have had the cruise from hell last year on the coronavirus-hit Diamond Princess, but they can’t wait to get back to sea. A year after the ill-fated ship went into quarantine off Japan, the cruise industry is hoping passengers like the Abels will help steer them to calmer waters. 

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  • Bitcoin surges past $50,000 for first time

    LONDON: Bitcoin soared above $50,000 for the first time yesterday as an increasing number of corporate heavyweights back the world’s most popular virtual currency. 

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  • Kuwait registers 964 new COVID cases, five deaths

    KUWAIT: Kuwait’s Ministry of Health (MoH) registered yesterday 964 additional COVID-19 cases over a 24-hour span, increasing the total number of infections to 179,488, while five fatalities were recorded, raising the death toll to 1,014. 

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  • 45 hotels register for institutional quarantine

    KUWAIT: Forty-five hotels applied for registration on the “Kuwait-Mosafer” platform, as institutional quarantine is required at 3-, 4- or 5-star hotels from Feb 21 for all citizens and expats arriving in Kuwait for seven days at their expense, Al-Anbaa Arabic daily reported yesterday quoting official sources at the Kuwait Hotel Owners Association. 

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  • World’s biggest wealth fund makes push for more women on boards

    OSLO: Norway’s sovereign wealth fund, one of the world’s biggest investors, wants to see more diversity, especially gender equality, on the boards of the companies in which it invests, a document published yesterday showed.

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  • Cronies, corruption: How Algeria’s auto sector hit the wall

    ALGIERS: Shuttered assembly plants, jailed bosses, laid-off workers. Algeria’s once ambitious plans to create a flagship auto industry have turned into a fiasco. The country’s recent years of political turmoil have also seen its foreign joint venture factories close and cronies of its ousted president Abdelaziz Bouteflika end up behind bars.

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