TOKYO: Once forecast to become the world’s biggest economy, Japan slipped below Germany last year to fourth place, official data showed Thursday, although India is projected to leapfrog both later this decade.

BRUSSELS: The European Commission on Thursday cut both its growth and inflation forecasts for the euro-zone in 2024, as it warned geopolitical tensions spelled rising uncertainty for the single-currency area’s economy.

KUWAIT: In light of the alarming rise in financial fraud and scam attempts in Kuwait and the Ministry of Interior (MoI)’s success in processing 334 reports of fraud, which amounted to a total of KD 592,556 since the inception of the Virtual Fraud Room.

BUENOS AIRES: Argentina’s monthly inflation slowed slightly in January, but the prices of key goods and services rose 254 percent year-on-year, the statistics agency said Wednesday.

SHAMBHU, India: Protesting Indian farmers relaxed inside their tractors Thursday as they awaited orders from leaders to advance on the capital, vowing they’d last longer than the police currently blocking their route.

TOULOUSE: European aircraft manufacturer Airbus on Thursday posted an 11 percent drop in net profit to 3.8 billion euros ($4.1 billion) in 2023, with past charges related to its space business cutting into earnings.

Istanbul: Saudi Arabia is planning to provide USD 1.8 trillion investment opportunities with global companies, Saudi Minister of Investment Khalid Al-Falih said.

KUWAIT, Feb 15 (KUNA) -- Kuwait's Equate Petrochemical Company announced Thursday a net profit of USD 308 million in 2023.

CAIRO, Feb 15 (KUNA) -- Arab League Secretary General Ahmad Abu al-Gheit, Thursday, called for an urgent plan to respond to humanitarian aid request by Palestine.