LONDON: Workers at Britain’s biggest container port, Felixstowe, on Sunday began an eight-day strike over pay, in the latest industrial action as decades-high inflation intensifies the country’s cost-of-living crisis.

KUWAIT: In its monthly statistical bulletin for June 2022 as published on its website, the Central Bank of Kuwait (CBK) stated that the balance of total public debt instruments (including securities and bonds transactions since April 2016) has decreased by KD 450 million reaching KD 500 million by the end of June 2022 versus June 2021, that is 0.9 percent out of 2022 GDP estimated at KD 57.951 billion (EIU estimates), excluding foreign public debts.

LONDON: Tory leadership favorite Liz Truss downplayed Sunday the prospect of a UK recession, while the man tipped to be her finance minister vowed “help is coming” over the soaring cost of living.

KUWAIT: Boutiqaat, the leading company in the world of eCommerce, launched its social campaign for blood donation in collaboration with Kuwait’s Central Blood Bank and Ministry of Health, where the company’s staff played an active role in giving back to the community.

Nairobi: Africa’s biggest carrier Ethiopian Airlines said it has suspended two pilots who reportedly fell asleep and missed their landing during a flight from Khartoum to Addis Ababa.

BEIJING: A provincial capital in southwest China has dimmed outdoor advertisements, subway lighting and building signs to save energy, official announcements said, as the area battles a power crunch triggered by record-high temperatures.

BERLIN: German Chancellor Olaf Scholz said on Friday he believed he had been exonerated after being grilled by a committee on his potential role in a huge tax fraud scam that cost the government billions.

LONDON: Railway staff in Britain on Saturday staged the latest in a series of strikes, the second in three days, as decades-high inflation hit salaries and prompted walkouts across various industries.

WASHINGTON: US retail sales held steady in July as gas prices fell sharply, but the new data released Wednesday showed consumers are still spending, keeping the pressure on the Federal Reserve to continue its aggressive interest rate hikes.