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  • 15, October 2024

    Ubisoft staff in France strike over home working

    PARIS: Workers at video game giant Ubisoft began three days of strike action in France on Tuesday in a dispute over home working and pay, hitting a firm already struggling with poor sales and a collapsing share price.

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  • 14, October 2024

    Trump wants tariffs more than 200% on vehicles from Mexico

    NEW YORK: Republican US presidential candidate Donald Trump on Sunday suggested he could impose tariffs higher than 200 percent on vehicles imported from Mexico, saying his aim would be to prevent the selling of cars from Mexico into the United States.

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  • 14, October 2024

    With inflation down, ECB eyes faster tempo of rate cuts

    FRANKFURT: The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount.

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  • 14, October 2024

    ‘Time to back Britain’, Starmer urges global business leaders

    LONDON: Prime Minister Keir Starmer on Monday told global business leaders it was “time to back Britain”, as he hosted a major summit aimed at securing much-needed funds to fuel economic growth after post-Brexit chaos.

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  • 13, October 2024

    Fitch Ratings upgrades Burgan Bank Turkey’s IDR to ‘BB-’, with stable outlook, and VR to ‘b’

    KUWAIT: Burgan Bank announced that Burgan Bank AS (Turkey) (“BBT”) has received a two-notch upgrade in its LTFC IDR from Fitch Ratings in recognition of an improvement in the Bank’s standalone rating and Turkey’s country rating upgrade.

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  • 13, October 2024

    Global markets reflect on growth, inflation and employment trends

    KUWAIT: The consumer price index in the US rose 0.2 percent month-over-month in September, matching the increases seen in August and July, however higher than expectations of a 0.1 percent increase.

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  • 13, October 2024

    China’s deflation pressures build, inflation cools

    BEIJING: China’s consumer inflation unexpectedly eased in September, while producer price deflation deepened, heightening pressure on Beijing to roll out more stimulus measures quickly to revive flagging demand and shaky economic activity.

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  • 12, October 2024

    Gulf Bank honored with the ‘Best Next-Generation Offering Award’

    KUWAIT: Gulf Bank has received international recognition for its outstanding banking services by winning the Best Next-Generation Offering Award at the 2024 Private Banker International Global Wealth Awards ceremony held in Singapore.

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  • 12, October 2024

    British economy rebounds in August in boost to govt

    LONDON: Britain’s economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

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Recent News

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      07, December 2024
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      05, December 2024

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