SEATTLE: Boeing’s practice of aggressively pressuring suppliers on costs has damaged its own supply chain, contributing to the aviation giant’s current woes, a top union negotiator told AFP this week.

KUWAIT: Gulf Bank participated in the Second Gulf International Conference on Corporate Social Responsibility 2024 in Bahrain, organized by the Bahrain CSR Society.

LONDON: Microsoft co-founder Bill Gates urged investors to get behind cutting-edge climate technologies he says would drive a “green industrial revolution” and a next wave of global prosperity.

LONDON: Britain’s economy emerged from a short-lived recession in the first quarter with stronger-than-anticipated growth, upwardly revised data showed Friday, lifting embattled Prime Minister Rishi Sunak before next week’s general election.

KUWAIT: Weyay Bank announced its easiest and most convenient way to send and receive money “WAMD” through KNET under the authority and supervision of the Central Bank of Kuwait (CBK).

KUWAIT: National Bank of Kuwait (NBK) always seeks to enhance its digital services provided customers via the NBK Mobile Banking App.

WASHINGTON: US monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the Federal Reserve closer to start cutting interest rates later this year.

The economy of Kuwait, as is the case with the other Gulf Cooperation Council (GCC) economies, is known for its hydrocarbon wealth. However, as Kuwait strives for diversification and fiscal sustainability, taxation has become an increasingly important tool. One key area is excise tax, a form of indirect tax levied on specific goods, i.e. excise goods.

CAIRO, June 29 (KUNA) -- Egypt and the European Union on Saturday signed four funding agreements aimed at boosting the private sector in tourism and agriculture and digital transformation, according to a statement released by the Egyptian government.