OTTAWA: The leaders of Canada and Germany signed a green hydrogen deal on Tuesday, laying a path for a transatlantic supply chain as Europe seeks to lessen its dependence on Russian energy.

By Majd Othman

KUWAIT: Kuwait Airways on Wednesday held its ordinary General Assembly meeting for the fiscal year ending on December 31, 2021.

Frankfurt: Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss told AFP on Tuesday, with luxury goods seemingly unaffected by global economic uncertainty.

FRANKFURT: The euro dived Tuesday to a new two-decade dollar low and equities wavered, as data highlighted the shrinking eurozone economy and the worsening energy crunch.

RIYADH: OPEC leader Saudi Arabia’s energy minister said that the oil cartel and its allies have the means to deal with market challenges-including by “cutting production”.

By Majd Othman

KUWAIT: Kuwait’s Capital Markets Authority (CMA) has become a member of the Global Financial Innovation Network (GFIN), an international network that seeks to support financial innovation for the benefit of consumers, acts as a regulatory tool and focuses on emerging technology.

TEHRAN: Tehran’s stock exchange has suspended Iran’s largest steel-maker from trading following a parliamentary report alleging corruption to the tune of $3 billion, local media reported.

WASHNGTON: US central bankers have been hammering home a single message: Interest rates will rise until inflation begins to come down. But financial markets keep hoping to hear a different tune, one indicating the pace of rate hikes will slow.

Berlin: German Chancellor Olaf Scholz arrive in Canada for a three-day visit to boost energy security, said the German government media office.