WASHINGTON, Nov 1 (KUNA) - The US Federal Reserve decided Wednesday to maintain the target range for the federal funds rate at 5.25-5.5 percent, for the second straight policy meeting, as the inflation rate remains high.

ASHULIA, Bangladesh: Bangladeshi police clashed on Tuesday with thousands of garment workers demanding fair wages for the clothing they make for major Western brands, a day after similar protests left at least two people dead.

BRUSSELS: Economic growth in the eurozone contracted in the third quarter, data showed Tuesday, hit by the European Central Bank’s painful rate-hiking campaign and Germany’s weakening economy, but inflation slowed in October.

ABU DHABI: Setting up a “loss and damage” fund for poorer nations hit by climate change dominated preliminary talks on Tuesday one month before COP28 in Dubai, where delegates look set to tussle over the future of fossil fuels.

KUWAIT: As part of its social responsibilities and its keenness to protect and educate customers and the community, Gulf Bank continues to educate customers, and any entities that deal with banks, about the risks posed by cybercrime on their information and bank accounts.

KUWAIT: Kuwait’s domestic credit was flat in Q3, keeping the YTD increase at a muted 0.8 percent (+1.7 percent y/y).

RIO DE JANEIRO: With its massive output of soybeans, beef, cotton and now corn, Brazil has become one of the world’s top agricultural powers. But its agribusiness industry also faces criticism, especially over destruction of the Amazon rainforest.

BEIJING: China’s factory activity fell back into contraction in October, official data showed Tuesday, despite Beijing announcing a raft of policies aimed at shoring up the creaking economy.

BRUSSELS, Oct 31 (KUNA) -- Gross Domestic Product decreased by 0.1 percent in the euro area and increased by 0.1 percent in the EU in the third quarter of 2023, compared with the previous quarter, according to figures published by Eurostat, the EU's statistical office Tuesday.