• Yellen and Li express hope for US-China cooperation

    BEIJING: US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful tone on US-China cooperation on Sunday, though the American policymaker noted both sides cannot shy away from tough conversations.

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  • Boeing CEO gets $33m in pay, gives up bonus

    NEW YORK: Boeing’s CEO received $33 million in compensation for 2023 but declined a potential $2.8 million bonus following the near-catastrophic Alaska Airlines incident in January, the company said in a securities filing.

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  • Turkiye invests 40 million dollars in the Qantara West area

    CAIRO, April 7 (KUNA) -- The General Authority for the Suez Canal Economic Zone, in a promising move, signed on Sunday with the Turkish Eroglu Holding Group a contract for the Eroglu (DNM) jeans factory project in the Qantara West industrial zone.

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  • Burgan Bank announces winners of Kanz draw

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

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  • Italy deficit narrows in 4th quarter 2023

    MILAN: Italy’s budget deficit narrowed to 5.5 percent of gross domestic product in the fourth quarter last year, down from 6.7 percent in the same period of 2022, official data showed Friday.

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  • Gulf Bank app offers exclusive services for account transfers

    KUWAIT: Gulf Bank’s new mobile application is swiftly advancing towards digital leadership, offering a comprehensive range of high-quality services.

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  • US hiring blows past expectation

    WASHINGTON: US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it weighs when to start cutting interest rates.

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  • Apple lays off over 600 staff

    WASHINGTON: Apple has laid off more than six hundred employees, according to data from a California state agency, the first known post-pandemic job cuts at the iPhone juggernaut.

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  • US and China agree to hold talks on ‘balanced economic growth’

    GUANGZHOU: The United States and China have agreed to hold “intensive exchanges on balanced growth”, the US Treasury Department said in a statement, after two days of talks between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.

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