PARIS: French tire company Michelin said Tuesday it would close two French plants by early 2026 and German parts maker Schaeffler announced 4,700 job cuts, the latest signs of struggles in the European auto industry.

SEATTLE: Striking workers at Boeing approved a new contract proposal on Monday, ending a more than seven-week stoppage that had cost the beleaguered aviation giant billions.

RIYADH: Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing prices which have stayed low despite production cuts and war in the Middle East.

SINGAPORE: Top carrier Singapore Airlines (SIA) said Monday it will spend more than $800 million to retrofit the cabins of its long-range Airbus A350-900 planes, as competition toughens.

WASHINGTON: For six months or so in 2021, as vaccines paved an economic reopening from the COVID-19 pandemic and fresh waves of federal benefits flowed to household bank accounts, President Joe Biden’s administration reaped the benefit with an approval rating pinned above 50 percent.

BEIJING: China’s top lawmakers gathered Monday to hash out a major stimulus package that analysts say could grow even bigger if former US president Donald Trump wins the White House this week.

OMAHA: Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing holdings in Apple and boosting cash to a record $325.2 billion.

BENGALURU: Global economic growth will maintain its robust pace next year as major central banks implement a series of interest rate cuts against the backdrop of a strong US economy, according to a Reuters poll of around 500 economists.

KUWAIT: ‘The Bank You Know and Trust’ is not just a slogan raised by National Bank of Kuwait (NBK), but a strategy and approach adopted over long decades, until it became a culture embedded in all its business activities.