BEIJING: Chinese consumer prices rose in February for the first time since August, data showed Saturday, bucking a months-long stretch of deflation that compounded the country’s myriad economic woes.

LAGOS: The holy fasting month of Ramadan begins early next week in Nigeria, with the worst economic crisis in a generation leaving many in Africa’s most populous Muslim country struggling to buy food.

WASHINGTON, March 8 (KUNA) -- Data from the US Department of Labor show that job growth totaled 275,000 in February but unemployment rate rose to 3.9 percent.
 

KUWAIT: National Bank of Kuwait (NBK) honored the outstanding employees of Consumer Banking Group in its Annual Elite Awards Ceremony, which was held at Sheikh Jaber Al-Ahmad Cultural Centre (JACC) and attended by the executive management.

TRIPOLI: Libya may sit on Africa’s biggest oil reserves, but many families are struggling with rapidly rising consumer prices as the festive Muslim holy month of Ramadan nears.

BERLIN: Hundreds of thousands of passengers in Germany faced travel misery Thursday as rail and airport workers staged new strikes to back demands for higher wages.

FRANKFURT: The European Central Bank froze interest rates again on Thursday as it held off from starting to cut borrowing costs amid concerns that sticky inflation is not easing as fast as hoped.

RIYADH: Saudi Arabia on Thursday said it transferred an additional eight percent stake from oil giant Aramco to firms owned by the kingdom’s sovereign wealth fund, according to state media.

KUWAIT: Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, announced the appointment of Kuwaiti national, Nawaf Hisham Al-Gharabally to the position of CEO of Zain Kuwait, effective immediately.