KUWAIT: As part of its ongoing efforts to enhance its role in developing the local capital market and maintain engagement with the business community in the region, Gulf Bank participated in the Middle East Bonds, Loans & Sukuk Conference 2024, held in Dubai earlier this month.

NEW DELHI: Searing heatwave temperatures in northern India pushed power demand to a record high, the government said Tuesday, with residents of the capital New Delhi also struggling with water shortages.

SHANGHAI/BEIJING/BERLIN: Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels’ curbs on exports of Chinese-made EVs, the state-backed Global Times newspaper said on Wednesday.

SHANGHAI: Sales fell for the first time ever at China’s blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates released on Wednesday.

BRUSSELS: The EU on Wednesday reprimanded France for breaching the bloc’s budget rules under President Emmanuel Macron, 10 days before snap elections marked by lavish spending promises.

HUDIAN, China: Farmer Bao Mingchen gestured to a dry pipe where water typically irrigates a patch of crops, the soil now cracked under a drought hitting China’s vast agricultural hinterland.

LIMA: Surging copper prices this year have brought startling growth in the number of trucks carrying copper from illegal mines in Peru, jamming roads, causing accidents and creating hazardous conditions especially after dark along the Andean country’s key “mining corridor” highway, industry sources told Reuters.

LONDON: British inflation returned to its 2 percent target for the first time in nearly three years in May, but strong underlying price pressures all but rule out a pre-election interest rate cut.

NAIROBI: Kenya’s government on Tuesday scrapped plans to impose multiple tax hikes, the presidency said, amending a controversial bill that sparked protests where hundreds of demonstrators were arrested.