WASHINGTON: The United States and China on Friday announced two new working groups on economic and financial policy, in the latest effort to stabilize fraught relations between the world’s biggest economies.

DRESDEN, Germany: Volkswagen’s factory in the heart of the east German city of Dresden was conceived as a showcase for the auto giant’s electric future but on a September afternoon the production line stands still.

BRUSSELS: When the EU launched an investigation into Chinese electric car subsidies, Brussels wanted the world to know that it will protect the automotive sector that is the jewel in Europe’s industrial crown, even if it upsets Beijing.

Dubai:  Today marks the launch of blinx, the new digital media hub in the Middle East, empowering Middle Eastern youth with the finest in digital storytelling and news stories, offering fresh perspectives, and connecting Gen Z and Millennials across multiple screens, platforms, and smart devices.

WASHINGTON: The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high while predicting that lending rates will need to remain higher for longer to definitively cool inflation.

UNITED NATIONS: Nearly 70 countries at the United Nations on Wednesday signed a first-ever treaty on protecting the international high seas, raising hopes that it will come into force soon and protect threatened ecosystems vital to the planet.

KUWAIT: Building on the legacy of one of the world’s best-loved vehicles since the 1950s, Mohamed Naser Al Sayer & Sons EST Co and Toyota have launched the 16th generation Toyota Crown in Kuwait. 

Hangzhou: His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah’s meeting with executives of Huawei in Hangzhou on Friday was “very productive,” Minister of Commerce and Industry Mohammad Al-Aiban said.

KUWAIT, Sept 21 (KUNA) -- The US dollar remained stable on Thursday vis a vis the Kuwaiti Dinar at KD 0.308 and the euro went down by 0.37 percent settling at KD 0.328 compared to yesterday's exchange rates.