KUWAIT, May 10 (KUNA) -- Indonesia is one of the major exporters to Kuwait with exports amounting to USD 220 million during 2021, a member of the Chamber of Industry and Commerce said on Wednesday.

TOKYO, May 10 (KUNA) -- Japan and Bahrain on Wednesday exchanged documents regarding the establishment of a trade and investment bilateral working group between the two countries, the Japanese Foreign Ministry said.

BENGALURU: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.

RIYADH: Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices.

RIO DE JANEIRO: Artificial intelligence could replace 80 percent of human jobs in the coming years—but that’s a good thing, says US-Brazilian researcher Ben Goertzel, a leading AI guru.

BEIJING: Social networking firm LinkedIn announced Tuesday that it will close down its last service available in China, citing “fierce competition and a challenging macroeconomic climate”.

WASHINGTON: US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation’s debt ceiling, “financial and economic chaos would ensue.

By Sajeev K Peter

KUWAIT: The Indian Embassy in Kuwait hosted a conference on India-Kuwait investment on Monday titled ‘Unleashing Synergies’, exploring new opportunities for collaboration and investment in various sectors.

KUWAIT, May 8 (KUNA) -- The Central Bank of Kuwait announced on Monday the allocation of issuance of bonds and tawarruq valued at KD 320 mln (about USD 1.05 billion).