WASHINGTON: Drew Greenblatt loves that the Federal Reserve has cut interest rates.

HONG KONG: China’s move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce but more pain lies ahead as the economy slows, making further reforms urgent, say economists and demographers.

KUWAIT: Kuwait International Bank (KIB) has announced an exclusive financing offer on the latest Cadillac models.

KUWAIT: As part of its continuous efforts to enhance and innovate its client experience, Gulf Capital Investment Company, “InvestGB”, the fully-owned investment arm of Gulf Bank, has formed a strategic partnership with Avaloq, a global leader in private banking and wealth management technology.

STOCKHOLM: Sweden’s beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as it struggles with strained finances and a slowdown in demand.

LIVERPOOL: British finance minister Rachel Reeves ruled out a return to economic austerity on Monday, trying to brighten the gloomy tone her party had adopted since its landslide election victory in July.

KUWAIT: Boursa Kuwait and the United Nations Sustainable Stock Exchanges (UN SSE) initiative will organize a workshop on the latest sustainability disclosure standards for market participants and interested parties on Tuesday (September 24, 2024), in collaboration with the International Financial Reporting Standards (IFRS) Foundation and the World Bank’s International Finance Corporation (IFC).

NEW YORK: The US Commerce Department moved on Monday to ban the sale of connected vehicles incorporating Chinese and Russian technology, citing national security risks.

BEIJING: Chinese President Xi Jinping on Monday said he hoped to broaden cooperation with Sri Lanka under his Belt and Road infrastructure initiative (BRI) as he congratulated the island nation’s new leader Anura Kumara Dissanayaka.