Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
identify whether following news is true or not

Input:
Saudi's Kingdom Holding says has support from government after chairman detained;DUBAI (Reuters) - Saudi Arabian investment firm Kingdom Holding 4280.SE said on Sunday it had the support of the country s government after billionaire chairman Prince Alwaleed bin Talal was detained overnight. Prince Alwaleed, one of the country s highest profile businessmen, was one of several princes, ministers, and former ministers detained as part of an anti-corruption crackdown, two senior Saudi officials told Reuters on Sunday. Kingdom Holding s chief executive, listed on its website as Talal Ibrahim al-Maiman, has received the support of the government, and would continue to operate  business as usual , the investment firm said in a stock market statement. Prince Alwaleed, a nephew of King Salman, and the grandson of Saudi Arabia s founder King Abdulaziz al-Saud, holds stakes in many major international companies including Citigroup, Twitter (TWTR.N), ride-hailing firm Lyft and Time Warner (TWX.N). Earlier, Kingdom Holding reported it swung to a third quarter profit after restating the same year ago period to a loss.;November 5, 2017

### Response:
True news

### End