KYIV: Usually the engine-room of the Ukrainian economy, heavy industry has fallen victim to Russia’s invasion, with output ground down under the pressure of the war.

FRANKFURT: Luxury sports carmaker Porsche will this week race onto the Frankfurt stock exchange in what is set to be one of Europe’s biggest listings in years, seeking to defy recent market turbulence.

PARIS: The world economy will take a bigger hit than previously forecast next year due to the effects of Russia’s war in Ukraine, the OECD said Monday.

London: The leader of the UK’s main opposition party on Sunday vowed to reverse a tax cut for top earners announced by the Conservative government as the nation heads for recession.

KUWAIT: Global Finance has named Boubyan Bank the “World’s Best Islamic Digital Bank” for the eighth consecutive year, owing to the bank’s ongoing achievements in this area as well as the role Boubyan plays in offering the highest levels of digital services in Kuwait, and its acquisition of influential market shares.

BANGKOK: Sheltering from rain near Bangkok’s Grand Palace, scores of unemployed Thais queue alongside homeless people waiting for free meals as 14-year-high inflation sends living costs soaring-causing a headache for the government ahead of a looming general election.

KUWAIT: Boursa Kuwait participated in the 16th Annual EFG Hermes One-on-One Conference, held in Dubai on 19 and 20 September2022, shedding light on the company’s recent developments, milestones, financial information and business outlook to an audience of investors.

KUWAIT: The Council of Ministers of Labor and Social Affairs in GCC States honored Kuwait Finance House for its distinction and excellence in the execution of the manpower nationalization and qualification programs at the private sector level in Kuwait, at a special honoring ceremony held in the Saudi capital Riyadh under the patronage of the ministers of labor and social affairs in the GCC.

SPRINGS: Zimbabwean domestic migrant worker Precious clocked in late for work, launched into her duties for a white South African family as if nothing happened, yet hours earlier she had been arrested for being in the country without papers.