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  • 02, November 2024

    UK’s Starmer pledges more growth reforms after budget hit to markets

    LONDON: British Prime Minister Keir Starmer promised reforms to speed up the economy and overhaul the public sector after the Labour government’s first budget failed to boost the growth outlook and sent government bond prices into a two-day dive.

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  • 02, November 2024

    Russian milk and butter prices soar

    MOSCOW: President Vladimir Putin says that Russia’s war economy is well balanced to supply both guns and butter, but the price of butter itself is now soaring as surging inflation distorts parts of the economy.

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  • 02, November 2024

    War decimates harvest in famine-hit Sudan

    GEDAREF, Sudan: Ahmed Othman’s farm has been spared from the deadly fighting that has spread across Sudan, but the war’s toll on the economy and labor market has still reached him.

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  • 31, October 2024

    Eurozone inflation rebounds more than expected in October

    BRUSSELS: The eurozone’s annual inflation rate rebounded more than expected in October due to rising food costs, official data showed on Thursday, but remains in line with the European Central Bank’s two-percent target. Year-on-year consumer price increases in the 20-country single currency area reached 2.0 percent in October, rising from 1.7 percent in September, the EU’s official data agency said.

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  • 31, October 2024

    Benin’s sprawling Dantokpa market takes its last breath

    COTONOU: Like many vendors, Odette Adigbe is full of fear about the looming relocation of the massive Dantokpa market, one of the largest in West Africa, at the heart of Benin’s economic capital Cotonou.

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  • 31, October 2024

    Striking Boeing workers aim to restore old retirement program

    NEW YORK: Some 33,000 Boeing workers have been on strike for seven weeks after twice voting down labor contracts, with the latest rejected offer featuring a 35 percent wage hike.

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  • 30, October 2024

    Chinese giant BYD posts surging sales, surpassing Tesla

    BEIJING: Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances.

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  • 30, October 2024

    Saudi minister: ‘Happy’ with Vision 2030 plan, but not ‘complacent’

    RIYADH: Saudi Arabia is strengthening its commitment to a plan designed to wean the economy off oil, its finance minister said on Wednesday, during a business event at which deals were signed to support the country’s economic transformation.

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  • 30, October 2024

    Boursa Kuwait records 14.50% increase in net profit for period ended Sept 30, 2024

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