LAGOS/ABUJA: Nigeria’s main labor unions on Monday shut down the national grid and disrupted airline operations across the country as they began an indefinite strike over the government’s failure to agree a new minimum wage.

FRANKFURT: In the west Frankfurt suburbs on a plot wedged between a motorway and a wooded park, excavators are preparing the ground for 400 new apartments.

ISTANBUL: Turkish inflation jumped above 75 percent in May, official data showed Monday, but officials expect consumer prices to have finally peaked in a cost-of-living crisis that has dogged President Recep Tayyip Erdogan.

DUBAI: Airlines will fly almost five billion passengers in 2024 and revenues will near $1 trillion, both record highs, trade body IATA said on Monday as the industry roars back after the pandemic.

KUWAIT, June 3 (KUNA) -- The Kuwait Fund for Arab Economic Development (KFAED) and Pakistan signed on Monday a KD 7.5 million (USD 24.4 million) loan agreement to fund the Mohmand Hydropower Dam project.

KUWAIT: National Bank of Kuwait (NBK) has inaugurated Kuwait’s first international mortgages center at its headquarters, offering services to customers interested in purchasing or financing properties in the UK, France, and the UAE.

KUWAIT: Consumer confidence in the US rose for the first time in four months, with the conference board index coming in at an unexpected 102.0 in May from 97.5 in April, surpassing forecasts of a 96.0 print.

SHANGHAI: At a job fair for soon-to-be graduates in central Shanghai, recruiters sat bored under washed-out tarpaulins as rain and an apparent lack of interest kept potential young employees away.

LONDON/DUBAI: OPEC+ agreed on Sunday to extend most of its deep oil output cuts for 2024 but to start phasing them out in 2025, as the group seeks to shore up the market amid tepid global demand growth, high interest rates and rising rival US production.