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  • 21, April 2024

    US Fed’s fight against inflation lacks progress

    KUWAIT: Retail sales in the United States topped estimates, rising 0.7 percent on the month doubling expectations of a 0.3 percent increase. The greater than expected print suggests resilience within US consumers and upwards pressure on inflation persists.

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  • 21, April 2024

    Oil and gas drilling blocked in Alaska wilds as Biden seeks green credentials

    WASHINGTON: The United States has blocked oil, gas and mining operations across tracts of unspoiled wilderness in Alaska, winning praise from environmentalists for safeguarding habitat for polar bears, caribou and other Arctic species.

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  • 21, April 2024

    AI tool predicts when recruits will quit jobs

    TOKYO: Bosses worried about turnover or wondering how long a new hire will stick around can now turn to AI for a heads-up on who might be next out the door.

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  • 21, April 2024

    Zionist entity holds Palestinian economy captive, analysts say

    JERUSALEM: The Gaza war is speeding up Zionist “annexation” of the Palestinian economy, say analysts, who argue it has been hobbled for decades by agreements that followed the Oslo peace accords.

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  • 21, April 2024

    InstaDeep CEO takes AI from Tunis to London

    PARIS: Karim Beguir launched the artificial intelligence start-up InstaDeep in Tunisia in 2014 with just two computers and $2,000. By 2023, it was an international operation bought by German laboratory BioNTech for $700 million.

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  • 21, April 2024

    S&P lifts Greece outlook on debt reduction

    WASHINGTON: S&P Global Ratings revised its Greece outlook from stable to positive, months after returning the country’s credit rating to investment grade.

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  • 21, April 2024

    Kuwait inflation up by 3.02 percent

    KUWAIT, April 21 (KUNA) -- Kuwait's consumer price index (inflation), on an annual basis, grew by 3.02 percent last March, according to the Kuwait Central Statistical Bureau (KCSB).

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  • 21, April 2024

    Gold prices surge to USD 2,390 per ounce amidst geopolitical tensions

    KUWAIT, April 21 (KUNA) -- Gold prices logged new highs at USD 2,390 per ounce on Friday stimulated by geopolitical tensions in the Middle East.

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  • 21, April 2024

    CBK: USD rises to KD 0.308

    KUWAIT, April 21 (KUNA) -- The exchange rate of the US dollar on Sunday dropped 0.03 percent against the Kuwaiti dinar trading at KD 0.308 and the euro edged down 0.19 percent to the level of KD 0.328 compared to Thursday's rates, the Central Bank of Kuwait (CBK) said.

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