LONDON: Stock markets and oil prices jumped Tuesday, supported by hopes China will unveil fresh measures to boost the world’s number two economy.

NEW YORK: US President-elect Donald Trump has threatened retaliation against governments that challenge the US dollar, vowing “100 percent tariffs” on countries that undercut the US currency.

WASHINGTON: US President-elect Donald Trump on Monday said he would “block” a planned takeover of US Steel by Japanese company Nippon Steel, a deal worth $14.9 billion including debts.

RIYADH: The GCC region is estimated to have subdued economic growth of 1.6 percent in 2024 but is forecast to grow at 4.2 percent in 2025-2026, according to the Fall edition of the Gulf Economic Update.

KUWAIT: Reaffirming its strong commitment to sustainability, Boursa Kuwait joined over 30 stock exchanges worldwide in the second edition of the World Federation of Exchanges’ “Ring the Bell for Climate” initiative.

WASHINGTON: OpenAI CEO Sam Altman on Sunday expressed confidence that US President-elect Donald Trump’s administration would support the artificial intelligence sector to ensure the United States and its allies continue to lead it.

BUSAN: Negotiators have failed to reach agreement on a landmark treaty to curb plastic pollution, the diplomat chairing the talks said Sunday, calling for additional time to continue discussions.

KUWAIT: In November 2024, the Consumer Confidence Index rose to 111.7, its highest level in 16 months, driven by improved perceptions of the labor market, lower inflation expectations, and renewed optimism about future economic conditions.

KHAVDA: Vast lines of solar panels reflect the blazing sun in India’s western deserts, a dazzling ocean broken only by bristling wind turbines.