PARIS: Plans to expand oil, gas and coal production by major fossil fuel countries would push the world far beyond the Paris deal’s 1.5C global warming limit, the UN warned Wednesday.

PARIS: With companies cutting back on office space as working from home remains popular, Europe’s biggest business district is looking to students to fill the void left by workers.

WASHINGTON: The US trade deficit expanded in September on the back of a larger rise in imports than exports, according to government data released Tuesday.

ISTANBUL, Nov 8 (KUNA) -- Deputy Prime Minister, Oil Minister and Minister of State for Economic and Investments Affairs, Saad Al-Barrak, marked the significant leap in Arab-Turkish relations, particularly in Kuwait, driven by numerous investment initiatives.

RIYADH: Energy giant Saudi Aramco on Tuesday posted a 23-percent year-on-year drop in profits for the third quarter, the result of lower oil prices and production cuts.

MANILA: The Philippines’ inflation rate slowed sharply in October, as harvests boosted the supply of rice and vegetables in the market and took the steam out of food costs. Consumer prices rose 4.9 percent on-year last month, the Philippine Statistics Authority said, well down from September’s 6.1 percent.

BEIJING: The International Monetary Fund on Tuesday raised its 2023 economic growth forecast for China, citing stronger consumption and recent policy measures announced by Beijing. After a tough year for the world’s number-two economy, there have been flickers of life in recent weeks, with third-quarter expansion coming in more than expected.

WASHINGTON: Beleaguered shared office giant WeWork, which has been in dire financial straits for years, announced Monday that it had filed for bankruptcy in a bid to negotiate down its debt.

KUWAIT: In its ongoing commitment to staying ahead in the realm of cybersecurity, Gulf Bank has successfully concluded an intensive workshop for senior leadership within its executive management team.