• Gulf Bank awarded Best Bank in Marketing and Social Media Services by Global Finance for 2024

    KUWAIT: Gulf Bank has garnered prestigious awards in 2024, being recognized as the Best Bank in Marketing and Social Media Services by Global Finance magazine.

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  • US dockworkers return to ports after 3-day strike

    NEW YORK: Thousands of dockworkers returned to work Friday, the day after a longshoremen’s union reached a preliminary deal with shippers, ending a three-day strike weeks before the US presidential election.

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  • US trade chief defends stiff tariff hikes

    WASHINGTON: US Trade Representative Katherine Tai defended stiff tariff hikes against countries like China, arguing that paired with investment, they were a “legitimate and constructive” tool for re-invigorating domestic industries.

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  • EU states greenlight extra tariffs on EVs from China

    BRUSSELS: EU countries gave a definitive green light on Friday to hefty additional tariffs on electric cars made in China, despite strong German opposition and fears it will trigger a trade war with Beijing.

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  • stc concludes its sponsorship of 2024 World Robot Olympiad

    KUWAIT: Kuwait Telecommunications Company - stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced that it has concluded its sponsorship of the 2024 World Robot Olympiad (WRO) Kuwait qualifiers hosted by the World Robot Olympiad Association – an independent non-profit organization that promotes robotics in STEM education worldwide.

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  • US hiring soars past expectations in sign of relief

    WASHINGTON: Hiring in the United States picked up significantly more than expected in September while the jobless rate crept lower, according to government data released Friday, offering relief to policymakers ahead of November’s election.

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  • OPEC+ could cushion Iran oil shock

    LONDON: OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Zionist entity knocks out that country’s facilities but the producer group would struggle if Iran retaliates by hitting installations of its Gulf neighbors.

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  • Asia producers hail delay in EU deforestation law

    BANGKOK: Producers from Malaysia’s palm oil industry to Vietnam’s coffee sector on Thursday welcomed a European Union decision to delay implementation of its anti-deforestation rules.

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  • Mixed US car sales in Q3 as auto sector eyes post-election bounce

    NEW YORK: US automakers reported mixed US third-quarter sales, pointing to sluggish demand as consumers contend with affordability challenges and wait for lower interest rates to reach the car lending market.

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