TOKYO: Major Japanese and American business groups have urged US Treasury Secretary Janet Yellen not to succumb to political pressure when reviewing Nippon Steel’s proposed acquisition of United States Steel.

MOSCOW: Prices for bread have jumped so much over the last few years that Russian pensioner Oleg Ivanovich sometimes has to go without. But the 67-year-old says he doesn’t mind having to make sacrifices for the sake of Russia’s military offensive on Ukraine.

GENEVA: The Zionist entity’s war against Hamas has decimated Gaza’s economy, shrinking it to less than one-sixth of its 2022 level, amid an “alarming decline” in the West Bank, the UN said Thursday.

RIYADH: Chinese Premier Li Qiang on Wednesday encouraged Saudi companies to deepen their involvement in the Chinese market in a meeting with representatives of the Saudi business community in Riyadh of Saudi Arabia.

FRANKFURT: With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves.

NEW YORK: Boeing faces a potentially crippling strike in the Seattle region, depending on how 33,000 workers vote Thursday on a new contract that has angered many employees despite solid wage gains.

DOHA, Sept 12 (KUNA) -- The 83rd meeting of the Central Bank Governors Committee of the GCC was held on Thursday in the Qatari capital, Doha.

TUNIS, Sept 12 (KUNA) -- Director General of the Arab Planning Institute Dr. Abdullah Al-Shami announced on Thursday the signing of an MoU with Arab League Educational, Cultural and Scientific Organization (ALECSO) to enhance cooperation in development, educational reform, scientific research and innovation.

KUWAIT, Sept 12 (KUNA) -- Kuwait's Ministry of Commerce and Industry announced on Thursday the total local non-oil exports of Kuwaiti origin to the world in August amounted to KD 19.1 million (USD 62.5 million) compared to KD 24 million (USD 78 million) in July.