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  • 05, October 2022

    Musk offers to ‘close Twitter buyout deal’ at original price

    SAN FRANCISCO: Elon Musk on Tuesday offered to push through with his buyout of Twitter at the original agreed price, as a trial over his efforts to withdraw from the deal loomed.

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  • 05, October 2022

    Europe fears an energy crisis, but power crisis a long reality in Iraq

    SADR CITY: Europe may fear an energy crisis over the coming winter, but for Iraqis an unstable power supply and frequent blackouts have been a reality during decades of war and turmoil.

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  • 04, October 2022

    Oil producers’ decisions in Vienna meeting for market balance: Kuwait

    Kuwait: OPEC+ oil producers during their meeting in Vienna Wednesday will examine crude market conditions and take decisions for ensuring oil flow to the market and its balance, the Kuwaiti oil minister said on Tuesday.

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  • 04, October 2022

    Why crypto’s big ‘merge’ is causing big headaches

    PARIS: The biggest software upgrade in the short history of crypto has fulfilled its promise to wipe out more than 99 percent of the electricity used by the second-biggest cryptocurrency, experts have told AFP.

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  • 04, October 2022

    Australia hikes rates less than forecast, boosting equities

    SYDNEY: Australia raised interest rates less than expected Tuesday, boosting stocks and dragging the local dollar lower, as officials grow concerned about a slowing global economy sparked by rising borrowing costs and surging prices.

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  • 04, October 2022

    UK’s embattled govt stares at new U-turn on economy

    LONDON: Britain’s Prime Minister Liz Truss defended her contentious plan to kick-start economic growth through tax cuts, despite expectations Tuesday of a second damaging U-turn.

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  • 04, October 2022

    Boursa Kuwait stocks surge

    KUWAIT: Boursa Kuwait stocks surged on Tuesday with its General Index rising 204.5 points to close at 7186.53 points, an increase of 2.9 percent. About 295.8 million stocks were traded through 17,434 cash transactions for KD 77.6 million ($235.12 million).

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  • 03, October 2022

    UK’s new govt makes major tax U-turn after uproar

    Britain’s beleaguered finance minister on Monday announced a dramatic U-turn on a tax cut announced as part of an economic package that has bombed with the markets, electorate and his party.

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  • 03, October 2022

    Business confidence wanes among Japan’s top major manufacturers

    TOKYO: Business confidence fell among Japan’s largest manufacturers for the third straight quarter, a closely-watched survey showed Monday, defying analyst expectations for a rise in sentiment.

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