NEW YORK: Goldman Sachs Group Inc yesterday posted its best quarterly performance in a decade by some measures, as its trading business moved back into the limelight and its lack of a big consumer business switched from a curse to a blessing. 

KUWAIT: Zain, the leading digital service provider in Kuwait, announced the offering of a range of Samsung smart TVs for postpaid customers, featuring the most advanced innovations, the highest viewing quality, and many smart features on Zain’s largest and fastest 5G network in Kuwait, starting at KD 5 monthly only.

KUWAIT: Kuwait’s confirmed coronavirus cases increased by 532 to 113,269, while four patients passed away during the past 24 hours, raising the death toll to 676, the health ministry said yesterday. 

SYDNEY: Australia yesterday called for China to clarify whether restrictions have been placed on the import of Australian coal, a move that would deal a serious blow to the country’s already struggling economy. Trade Minister Simon Birmingham said he had asked via diplomatic channels whether China had instructed its companies to stop buying Australian coal-a business worth around $10 billion a year-as political punishment with relations between the two increasingly souring.

KUWAIT: As Kuwait continues its reopening, now is an excellent time to peek behind the curtain and understand the steps taken to mitigate the effects of the COVID-19 pandemic. The Business Year’s latest special report, Kuwait: Resilience & Management in Times of Crisis, offers key insights from leading figures in Kuwait’s business community.

WASHINGTON: The global economic crisis will not be quite as grim as feared this year, but GDP will still contract 4.4 percent and the ongoing pandemic means the outlook remains uncertain, the IMF said yesterday. 

KUWAIT: Kuwait’s confirmed coronavirus cases increased by 844 to 112,737, while eight patients passed away in the past 24 hours, raising the death toll to 672, the health ministry said yesterday. 

KUWAIT: The Kuwait Financial Centre K.P.S.C “Markaz” recently announced the launch of its ‘Procurement Guide to Contractual Arrangements’ between governmental and quasi-governmental entities with “Markaz”, in an effort to establish guided contractual relationships between both sectors. 

PARIS: The 137 nations trying to hammer out a new global standard for taxing multinational tech firms will not secure a deal by the end of this year as hoped, the OECD acknowledged yesterday.