RIYADH, Sept 12 (KUNA) -- Saudi Public Investment Fund is making its way, with sure and steadfast strides, towards achieving Saudi Arabia's 2030 vision. The fund took major leaps to become the fifth largest sovereign fund in the world.

KUWAIT: With inflation edging down closer towards targeted levels, key central banks have shifted their focus away from rising prices and towards protecting the economic growth outlook and warding off any recession threat. For now, the outlook for a soft landing in the US looks promising, with the labor market still quite solid and the Fed set to start cutting rates in September.

OTTAWA: Canadian gross domestic product in the third quarter is likely to fall well short of the Bank of Canada’s forecast, possibly coming in at less than half the estimate, with growth flagging and joblessness still rising, economists said this week.

NEW DELHI: India’s push to become a factory titan has hit a snag: to become a credible alternative to China for global firms, it first needs to warm up to its long-time rival.

KARAWANG, Indonesia: Rahmat Hidayat lost his job when the shoe factory he worked for closed down last year in the industrial town of Karawang in Indonesia’s West Java. The 44-year-old now earns less than half of what he used to make by selling grilled meatballs.

LONDON: Britain’s economy stagnated for a second month running in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir Starmer who wants to accelerate the pace of growth.

BELGRADE, Serbia: Time stands still at Serbia’s Vinca nuclear facility, where the decommissioned Yugoslav-era reactor is a testament to the fears generated by the controversial energy source.

NAIROBI: Hundreds of passengers were left stranded at Kenya’s main airport on Wednesday as staff went on strike over a planned takeover by an Indian company.

LONDON: US tech giant Amazon is to invest £8 billion ($10.5 billion) in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.