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  • 03, December 2022

    Biden signs emergency law forcing US rail unions to accept wages deal

    WASHINGTON: US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail unions to accept a salary deal, avoiding a possibly devastating strike-but putting the pro-union Democrat in an awkward political position.

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  • 03, December 2022

    G7, EU agree oil price cap to reduce Russia war funding

    BRUSSELS: The G7 and EU on Friday agreed a $60-per-barrel price cap on Russian oil in an attempt to deny the Kremlin of war resources, as President Vladimir Putin said more strikes on Ukrainian infrastructure were “inevitable”.

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  • 01, December 2022

    Tesla hoping electric ‘Semi’ will shake up heavy duty market

    NEW YORK: After years of delays, US automaker Tesla was expected to deliver its first battery-powered semi truck, with which it hopes to get a jump start on the nascent electric heavy duty vehicle market by offering longer ranges without recharging.

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  • 01, December 2022

    Spiking costs and fading snow squeeze Austrian ski resorts

    MITTERSILL, Austria: One of Austria’s top ski resorts is making as much artificial snow as possible to lay a thick base on the slopes before its energy bills leap.

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  • 01, December 2022

    Biden greets Macron at White House under trade dispute cloud

    WASHINGTON: President Emmanuel Macron was greeted by President Joe Biden and a military guard of honor at the White House on Thursday for a state visit that the French leader has seized as an opportunity to air deep grievances over US-EU trade.

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  • 30, November 2022

    Zain Platinum Sponsor of POP UP BY COMFEST

    Kuwait: Zain, Kuwait’s leading digital service provider, announced its platinum sponsorship of POP UP BY COMFEST 2022, the biggest gaming and comics gathering in Kuwait.

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  • 30, November 2022

    Eurozone inflation falls for first time in 17 months, down to 10%

    Brussels: The eurozone annual inflation rate fell to 10 percent in November compared to 10.6 percent the month before, the first fall in 17 months, the EU statistics agency said Wednesday.

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  • 30, November 2022

    China factory activity contracts as COVID disruptions spread

    BEIJING: China’s factory activity shrank for a second straight month in November, official data showed Wednesday, as large swathes of the country were hit by COVID-19 lockdowns and transport disruptions.

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  • 30, November 2022

    India growth slows to 6.3% as pandemic bounceback wanes

    NEW DELHI: India’s growth slowed to 6.3 percent in the September quarter, official figures showed Wednesday, with rising rates and higher consumer prices both dragging on Asia’s third-largest economy.

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