• UK, EU mull how to break Brexit deadlock

    LONDON: Britain and the European Union held fresh meetings yesterday to try to unlock their Brexit impasse after London threatened to walk out and go its own way next year despite warnings of further damage to the COVID-hit economy.

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  • Kuwait reports 9 deaths, 686 COVID-19 cases

    KUWAIT: Kuwait yesterday reported nine deaths due to COVID-19 and 686 new infected cases. The figures took the country’s death toll up to 710 and the caseload to 116,832, health ministry data showed. 

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  • Airlines face tough winter as hoped-for pick-up fails

    PARIS: Airlines face a long, hard winter after a much hoped for rebound from the coronavirus crisis failed to materialize, prompting savage cost cutting programs and fresh calls for government support. “We are in a race against time. 

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  • US retail sales blow expectations in Sep as dark clouds gathering

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  • Zain crowned ‘Best Brand’ at 2020 Telecom World Middle East Awards

    DUBAI/KUWAIT: Zain, a leading mobile telecom innovator in eight markets across the Middle East and Africa, has been awarded the ‘Best Brand’ accolade for 2020 at the prestigious Telecoms World Middle East Awards for a record seventh consecutive year. 

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  • Kuwait’s COVID-19 death toll up to 701; seven in one day

    KUWAIT: Kuwait yesterday reported seven deaths due to COVID-19 and 663 new infections. The figures took the country’s death toll up to 701 and the caseload to 116,146, health ministry data showed. 

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  • Boeing shares climb after regulator says 737 MAX ‘safe’

    NEW YORK: Boeing shares climbed on Friday following a report that the European air safety regulator is ready to allow the 737 MAX jet to return to the skies after its worldwide grounding. 

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  • Andorra becomes IMF 190th member

    WASHINGTON: Europe’s tiny Andorra formally joined the International Monetary Fund on Friday, becoming the crisis lender’s 190th member state as the tourism and trade-dependent principality struggles with the coronavirus pandemic. 

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  • China economic recovery gathers pace

    BEIJING: China’s economic recovery gathered pace in the third quarter, according to an AFP poll of analysts, with consumer spending gradually picking up as coronavirus fears eased, helping a wider rebound spurred by investment and exports. Growth in July-September is expected to come in at 5.2 percent when official data is released Monday, bringing the world’s second-largest economy closer to last year’s 6.1 percent annual expansion, even as countries around the world struggle to contain the deadly pandemic.

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