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KUWAIT, Nov 27: 1965 — Sheikh Sabah Al-Salem Al-Salem took constitutional oath before the National Assembly as the Amir of the State of Kuwait.1966 — Kuwait Amir Sheikh Sabah Al-Salem Al-Sabah opened Kuwait University (KU), which consisted of two faculties: Sciences, Literature and Education, and the other for Girls. Up to 418 students enrolled and there were 31 teaching staff.1981 — Hamad Al-Humaida, former member in the first National Assembly of 1963, passed away at age of 74.1990 — United Nations distributed four Kuwaiti documents, which included incidents and testimonies about killing, torture and looting conducted by the Iraqi forces…

Firefighters walk near residential buildings that continue to burn at Wang Fuk Court in the Tai Po district on Nov. 27, 2025 in Hong Kong, China.Isaac Lawrence | Getty Images News | Getty ImagesChinese private firms pledged tens of millions of dollars to support rescue and relief efforts after a deadly residential fire in Hong Kong killed at least 94 people and left hundreds missing.Alibaba Group and its affiliate Ant Group together committed 30 million Hong Kong dollars to support fire relief efforts. Alibaba founder Jack Ma, one of the most recognizable Chinese entrepreneurs, also pledged HK$30 million through his…

Europe, with its fragmented markets, is often said to be operating in the shadow of the U.S. and China when it comes to scaling AI. But the very factors that challenge its growth as a major player may yet give it an edge when it comes to future-proofing the critical warehouses that power the AI boom.The world is racing to double, if not triple, the entire data center capacity that has been built over the last forty years, Pankaj Sachdeva told CNBC, McKinsey senior partner in technology, with McKinsey estimating that build-out will cost up to $7 trillion by 2030. He expects the U.S. to account for the lion’s…

Traders work on the floor of the New York Stock Exchange (NYSE) on November 26, 2025, in New York City.Spencer Platt | Getty Images Thanksgiving in the U.S. takes place on Thursday stateside, but the feasting might have begun a day early for investors. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all recorded a fourth straight day of gains. Shares of Oracle, which have been hobbling along in November after wiping out its one-day spike in September, advanced roughly 4% after Deutsche Bank said that its recent price pullback “presents an attractive entry point for investors when…

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here.The big storyIndia lives in contradictions — think landing a spacecraft on moon but not getting basic infrastructure right, or being the world’s fastest growing economy that has millions struggling to make ends meet. The country’s labor market is yet another area emblematic of that paradox. While big businesses have bemoaned rigid labor market laws in the country, several startups have fast become unicorns, making use of the flexibility that came with employing vast armies of gig…

Jamie Carragher says Arne Slot’s position is not untenable yet but reckons Liverpool are potentially seeing a glimpse of their future without Mo Salah, Virgil van Dijk and Alisson. Liverpool suffered another humbling home defeat on Tuesday night, losing 4-1 to PSV Eindhoven in the Champions League. It was their ninth defeat in their last 12 games which has further heaped the pressure on head coach Slot although Sky Sports’ Carragher believes his time is not up yet. “Liverpool’s not a sacking club,” Carragher said on CBS Sports.”Liverpool are different from almost every club in European football, where the manager…

LONDON — European stocks closed higher on Thursday as investors digested the regional and global economic outlook.The pan-European Stoxx 600 reversed course to finish 0.12% higher by the end of Thursday’s session, with major bourses and sectors mostly higher following broadly negative moves earlier in the day. It comes after a positive trading session yesterday, with the Stoxx 600 closing almost 1.1% higher and most sectors and major regional bourses in the green.Global markets have been boosted this week by rising expectations that the U.S. Federal Reserve will cut interest rates when it next meets on Dec. 9-10.Traders are pricing in…

A court in Russia on Thursday convicted eight people on terrorism charges over an attack on a bridge linking Russia to Moscow-annexed Crimea that is a key supply route for Kremlin forces in the war with Ukraine.The court sentenced all of the defendants to life in prison.The October 2022 attack on the bridge came when a truck bomb blew up two of its sections and required months of repairs. The blast killed the truck driver and four other people in a car nearby. Moscow decried the attack as an act of terrorism and retaliated by bombarding Ukraine’s civilian infrastructure, targeting…

MOSCOW (AP) — A U.S.-Russian crew of three began a mission to the International Space Station aboard a Russian spacecraft following a succesful launch Thursday.A Soyuz booster rocket lifted off at 2:27 p.m. (9:27 a.m. GMT) from the Russia-leased Baikonur launch facility in Kazakhstan to put the Soyuz MS-28 into orbit. The spacecraft carried NASA astronaut Chris Williams and two Russian crewmates, Sergei Mikaev and Sergei Kud-Sverchkov. They were scheduled to dock at the station about three hours after liftoff.All three are expected to spend about eight months at the orbiting outpost. NASA said this is the first spaceflight for…

As artificial intelligence (AI) surpasses human capability, the societies best positioned to steer superintelligence will not be the most technologically advanced but the most culturally prepared. China, with its Confucian-Daoist substrate, meets this criterion better than most. Scaled up, state-coordinated and informed by a living tradition that values long-term collective flourishing, China, together with Confucian East Asia, is well-placed to drive the development of AI and transform its purpose. The moment when AI surpasses human performance in nearly every cognitive and physical domain, two epochal shifts will occur almost simultaneously. As SpaceX founder Elon Musk predicted recently, compulsory human labour,…