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  • 09, October 2022

    US job gains slow slightly, but not enough to ease inflation worries

    WASHINGTON: US job gains slowed slightly in September, offering some good news for the Federal Reserve as it works to cool the economy, but official data released on Friday also showed wages continued to rise, underlining the challenge to tamping down rampant inflation.

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  • 09, October 2022

    Political paralysis hampers economic growth in Iraq

    BAGHDAD: A year since Iraq’s last elections, it remains without not only a new government but a budget too, obstructing much-needed reforms and infrastructure projects in the oil-rich but war-ravaged country.

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  • 08, October 2022

    US hiring slows in September as unemployment rate dips

    Washington: Hiring in the US economy slowed slightly in September, as expected, while the jobless rate ticked back down to the same level as July, the government reported Friday.

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  • 06, October 2022

    Biden to hail IBM’s $20 bln investment announcement

    Washington: IBM will host US President Joe Biden Thursday to celebrate the announcement of a $20-billion investment in semiconductors, quantum computing and other cutting-edge technology in New York state, the White House said.

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  • 06, October 2022

    IMF chief warns global recession risks rising, urges policy action

    Washington: IMF chief Kristalina Georgieva urged global policymakers Thursday to take concerted action to avoid a “dangerous ‘new normal,'” as the risks of a worldwide recession are driven ever higher by repeated economic shocks.

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  • 06, October 2022

    Inflation squeezes Spain’s legendary set lunch menu

    MADRID: Dreamt up in the 1960s to attract tourists, Spain’s three-course “menu del dia”, or set lunch menu, has long been seen as the best deal in town.

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  • 06, October 2022

    Hazy timeframe before electric airplane era becomes a reality

    NEW YORK: Recent test flights suggest the era of electric airplanes is coming closer, but aviation experts caution that achieving commercial use hinges on regulatory approval which has an unknowable timeframe.

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  • 06, October 2022

    Lebanon far from gas riches even if deal agreed: Analysts

    BEIRUT: Lebanon is grappling to strike a deal with the Zionist entity over contested maritime gas fields, but even with an agreement the cash-strapped country faces multiple hurdles before tapping potential hydrocarbon riches, analysts say.

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  • 05, October 2022

    Boursa Kuwait Rings the Bell for Financial Literacy during “World Investor Week”

    KUWAIT: Boursa Kuwait rang the bell for the second consecutive year for financial literacy during “World Investor Week”, in an effort to raise awareness of the importance and necessity of financial literacy and its impact on life, in collaboration with INJAZ Kuwait and the CFA Society Kuwait.

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