LONDON: Rachel Reeves, Britain’s first woman finance minister, is a former child chess champion and Bank of England economist who has pledged to grow the nation’s economy while showing strong fiscal discipline.

KUWAIT: Oil prices finished higher in June, lifted by resurfacing geopolitical tensions and the prospect of rate cuts by key central banks in H2.

KUWAIT: Burgan Bank recently held a press conference announcing the signing of a strategic partnership agreement with the Kuwait Olympic Committee (KOC), which entails sponsoring Team Kuwait at the Paris 2024 Olympics.

NEW DELHI: In the Vivekananda Camp slum, adjacent to the US embassy in New Delhi, communal taps supply brackish water for about two hours a day.

SYDNEY: A major Australian coal mine battled on Wednesday to extinguish an underground gas fire that has been burning for five days following a “combustion event”.

BRUSSELS: The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of “unfair” state subsidies, despite Beijing’s warnings the move would unleash a trade war.

GENEVA: The number of international patent filings for innovations using cutting-edge generative artificial intelligence have surged eightfold in six years, the UN said Wednesday, the majority from China-based innovators.

MADRID: Microsoft is to invest 2.2 billion euros ($2.4 billion) in a huge data centre project in northeastern Spain, regional authorities said Wednesday as the area seeks to establish itself as a cloud storage hotspot.

TOKYO, July 4 (KUNA) -- Tokyo stocks climbed Thursday, with their broader index ending at a 34-year, following overnight gains on Wall Street.