CAIRO, June 10 (KUNA) -- Egypt said on Monday it looks forward to developing the level of economic and trade relations with the U.S. for the common interest of both countries.

GENEVA, Switzerland: Swiss voters were expected to approve in a referendum Sunday a law aimed at accelerating the development of renewable energy as the country aims for carbon neutrality by 2050.

KUWAIT: Manufacturing in the US contracted for the second month in a row, as seen by the latest ISM publication where the manufacturing PMI came in at 48.7 in May, down from 49.2 in April, and below expectations of 49.8.

KUWAIT: Burgan Bank announced on Sunday the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 cash-prize.

KUWAIT: In a bid to enhance the well-being of delivery riders, talabat, the leading technology company, has launched the “Make a Wish” campaign this May.

TOKYO: Global debt is 9 percentage points above pre-pandemic highs at 93 percent of GDP and by 2029 it is projected to reach around 100 percent of GDP, said Kenji Okamura, IMF’s Deputy Managing Director.

KUWAIT: As part of its ongoing commitment to reward its customers, Gulf Bank has announced the 10 monthly winners of the Al-Danah account draw for May 2024.

WASHINGTON: US officials expect the Group of Seven (G7) wealthy democracies to send a tough new warning next week to smaller Chinese banks to stop assisting Russia in evading Western sanctions, according to two people familiar with the matter.

LONDON: As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe’s retail industry and lawmakers. As citizens of 27 countries vote in European Union elections, European manufacturers of fabric, clothes, leather goods and shoes this week called on future EU policymakers to protect the 1.5 million jobs in the sector from low-cost products being “dumped” on the market.