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MANAMA:  Chairman of the Kuwait National Olympic Committee, Sheikh Fahad Nasser Al-Sabah on Thursday affirmed his country’s keenness to participate in regional and international competitions.Speaking to KUNA on the sidelines of participation in the third Asian Youth Games 2025 in Bahrain, Sheikh Fahad reiterated Kuwait’s support for Asian sporting events in line with the Kuwaiti leadership’s directives.He also praised the strong participation of the Kuwaiti delegation in the tournament, and commended Bahrain for its high-level preparation for the games. The third Asian Youth Games began in Bahrain late Wednesday under the patronage of the Bahraini leadership, and the participation of…

The majority of would-be homebuyers expect mortgage rates to continue their recent decline, and it’s one of the main reasons why they’re waiting to make a purchase, according to the findings of a new CNBC Housing Market Survey.Rates have been creeping down over the last few months and are hovering around the lowest level in a year, with the average rate on the popular 30-year fixed loan now sitting at 6.17%, according to Mortgage News Daily. But nearly three-quarters of real estate agents surveyed by CNBC said most of their buyers think rates will come down further.”My biggest challenge is…

American Airlines posted a smaller-than-expected loss for the third quarter, and its outlook for the rest of the year came in ahead of Wall Street forecasts, sending the stock higher.American expects to earn between 45 cents and 75 cents per share in the fourth quarter, above the 31 per share cents analysts expected. That brought American’s full-year earnings guidance to between 65 cents and 95 cents per share, well above the projected 43 cents per share Wall Street forecast. The carrier expects its fourth-quarter capacity to grow between 3% and 5% over the same period last year.Read more CNBC airline…

Virgil van Dijk said the Liverpool squad held a players-only meeting after Sunday’s 2-1 defeat against Manchester United in an attempt to drag the team out of its four-game losing streak — a run which ended with Wednesday’s 5-1 Champions League win against Eintracht Frankfurt.Arne Slot’s team secured their first victory since a Carabao Cup win against Southampton on Sept. 23 by fighting back from a goal down to beat Eintracht in Germany.But with the Premier League champions dropping to fourth in the table, four points behind leaders Arsenal, with the Anfield defeat against United, Liverpool captain Van Dijk said…

Landon Loomis, vice president for Latin America & Caribbean at Boeing, speaks during a panel at the Bloomberg New Economy Gateway event in Panama City, Panama, on Wednesday, May 18, 2022. Tarina Rodriguez | Bloomberg | Getty Images Boeing named Landon Loomis, a Mandarin speaker and former White House advisor, as the new president of Boeing China, counting on his deep experiences in Beijing to steady the planemaker’s position as U.S.-China tensions flare anew.The appointment, effective immediately, will see Loomis take over the role from his predecessor Alvin Liu, who was appointed to the role in August 2023.Loomis will run…

KUWAIT: His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah patronized and attended on Wednesday evening a friendly meeting held by Kuwait Foundation for the Advancement of Sciences (KFAS) at the Scientific Center.The meeting reflected His Highness the Prime Minister’s interest in encouraging the KFAS’ national staff, reviewing their efforts in developing the foundation’s performance and promoting the culture of innovation as part of its 2025-2029 strategy, KFAS said in a press release.During the meeting, a KFAS team made a visual presentation about the foundation’s initiative aimed at transforming employees’ ideas into applicable development projects as part of its…

Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category.AlibabaAlibaba on Thursday announced pricing for its upcoming artificial intelligence glasses and launched a new chatbot powered by its latest AI models.The Chinese technology giant said the Quark AI Glasses will go on pre-sale on Oct. 24 on Alibaba’s e-commerce platform Tmall. The pre-sale price will start at 4,699 Chinese yuan ($659.4) but after applying various discounts, will cost 3,999 yuan.Alibaba will begin shipping the product from December.The Hangzhou-headquartered firm also unveiled…

Oct 23, 2025, 06:21 AM ETJosko Gvardiol almost quit football when he was a youth player to play basketball “to feel happier”, he admitted.The Manchester City defender nearly made the career-altering choice when he played for Dinamo Zagreb.Gvardiol, then aged 16, wasn’t progressing into Zagreb’s first-team so looked elsewhere for a possible career in professional sports.”I was thinking about quitting because I like basketball as well,” he told BBC Sport.”I wasn’t sure in football any more because when you get to the training ground you don’t feel happy any more, you know?”I was just trying to find other solutions and…

The world of enterprise AI is dominated by U.S. names from Microsoft to Salesforce, but Europe has a major player that is pushing hard into the space: SAP.In an exclusive interview with CNBC’s “Europe Early Edition,” SAP CEO Christian Klein said that AI is “the number one reason” why customers are signing deals with the firm.  “After we close Q4, actually, 80, 85% of our revenue for next year is already done. So, [a] good pipeline for Q4 and with that, when we close out the year, our customers, also our investors, can expect there’s also very positive output,” he said. SAP’s…

As many retailers look for ways to shrink store counts and square footage, Dick’s Sporting Goods is going bigger.The retailer is building more sprawling “House of Sport” stores, which typically come in at 120,000 to 150,000 square feet, more than double the 50,000 for its traditional locations. The sporting goods company believes it’s working.”We needed to build the concept that will kill Dick’s Sporting Goods,” Edward Stack, executive chairman and son of founder Dick Stack, told CNBC in an exclusive interview at Dick’s House of Sport store in Pittsburgh. “We need to build the concept that if somebody else built…