DOHA/KUWAIT: Ooredoo Q.P.S.C. (Ooredoo) – Ticker: ORDS and Mobile Telecommunications Company K.S.P.C (Zain Group) - Ticker:

BEIJING: Ratings agency Moody’s on Tuesday downgraded the outlook on China’s credit rating to “negative” from “stable” on the back of rising debt in the world’s second-largest economy.

DUBAI: Inside the negotiating rooms and on the sidelines of the COP28 climate talks, simmering tensions over wealthy countries’ “green trade” policies have been bubbling to the surface, with developing nations fearful they will be penalized.

SAO PAULO: Brazil eked out economic growth of 0.1 percent in the third quarter, the government said Tuesday, beating expectations of a contraction despite a hit from high interest rates and a slowdown in the agricultural sector.

BRASILIA, Brazil: The fate of a long-awaited but controversial Europe-South America trade deal hangs in the balance this week when Brazilian President Luiz Inacio Lula da Silva hosts a summit of the Mercosur regional bloc.

PARIS: The world may cross the crucial 1.5C global warming threshold in seven years as fossil fuel CO2 emissions continue to rise, scientists warned Tuesday, urging countries at the COP28 talks to “act now” on coal, oil and gas pollution.

OSLO: Norway’s centre-left government announced Tuesday that it has reached an agreement with opposition parties to open parts of its seabed to mining, spurring angry reactions from environmentalists.

DUBAI, Dec 5 (KUNA) -- Secretary-General of the Supreme Council for Planning and Development (SCPD), Dr. Khaled Mahdi stressed Tuesday that Kuwait, as an oil producing country, is committed to obligations in facing the climate change challenges, including commitments to reach Carbon neutrality in 2060.

KUWAIT, Dec 5 (KUNA) -- The Audit Bureau works between April 1 and 30 November resulted in saving KD 25 million (USD 80.9 million) for the state treasury.