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  • 07, August 2022

    When the sun switches off the solar panels

    MUNICH: The more the sun shines in the southern German town of Aurach, the more likely it is that Jens Husemann’s solar panels will be disconnected from the grid-an exasperating paradox at a time when Germany is navigating an energy supply crisis.

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  • 07, August 2022

    Alghanim Industries considers listing a minority stake on Boursa Kuwait

    KUWAIT: Executive Chairman of Alghanim Industries Kutayba Y Alghanim said on Sunday that the Group is considering the idea of listing a minority stake on the Boursa Kuwait’s Premier Market.

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  • 06, August 2022

    Brussels accuses Russia of inventing excuses to cut gas

    BRUSSELS: EU sanctions against Russia do nothing to prevent the delivery of pipeline turbine, an EU spokesman said Friday, accusing Moscow of fabricating an excuse to cut off gas supplies.

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  • 06, August 2022

    ‘India’s Warren Buffett’ set for take-off with new airline

    MUMBAI: The world is gripped by recession fears, jet fuel prices are sky-high, and aviation is a notoriously fickle industry. But the billionaire dubbed “India’s Warren Buffett” is launching an airline on Sunday.

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  • 06, August 2022

    US adds 528,000 jobs in July amid mounting concerns over inflation

    WASHINGTON: The US jobs market grew much faster than expected in July, lifting employment back to pre-pandemic levels, in news welcomed by President Joe Biden as he faces tough midterm elections-but which also fuels concerns over sky-high inflation.

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  • 04, August 2022

    BoE lifts interest rate by half-point, biggest hike since 1995

    London: The Bank of England unleashed its biggest interest rate hike since 1995 on Thursday and forecast inflation will top 13 percent later this year when the economy will enter a year-long recession.

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  • 04, August 2022

    National Investments Company Announces H1 results for 2022

    KUWAIT: National Investments Company has announced its financial results for H1 2022, including an analytical overview of the company’s performance and financial position from the beginning of the year until 30 June 2022.

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  • 04, August 2022

    Morocco’s petro-PM faces heat over soaring fuel prices

    RABAT: Morocco’s Prime Minister Aziz Akhannouch, a billionaire petrol baron, is facing a growing online campaign demanding he step down as fuel prices-and energy firms’ profits-surge.

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  • 04, August 2022

    Airbus scraps A350 contract with Qatar Airways in feud

    PARIS: European aircraft maker Airbus has cancelled its contract to deliver 19 A350 planes to Qatar Airways, a source close to the matter said Wednesday, amid a feud between the two aviation giants.

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