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  • 16, July 2022

    A quiet telework revolution in Japan’s rigid business culture

    TOKYO: Posted far from home for his job at Japanese conglomerate Hitachi, father of two Tsutomu Kojima was “really lonely” until he began working remotely during the pandemic for the first time.

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  • 16, July 2022

    Sri Lankans queue at pumps for days with no promise of petrol

    COLOMBO: Out of gas and stuck in line for days, a group of motorists kick off their shoes and settle on a sidewalk in Sri Lanka’s capital for a round of cards.

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  • 16, July 2022

    S&P Global revises its Kuwait outlook to stable from negative

    KUWAIT: S&P Global Ratings revised its outlook on Kuwait to stable from negative and affirmed the ‘A+/A-1’ long- and short-term foreign- and local-currency sovereign credit ratings.

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  • 14, July 2022

    KPC: Kuwait oil price down USD 3.52 to USD 104.85 pb

    KUWAIT: The price of Kuwait oil fell by $3.52 to $104.85 per barrel on Wednesday in contrast to $108.37 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday.

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  • 14, July 2022

    JPMorgan Chase reports lower profits, gives cautious economic outlook

    New York: JPMorgan Chase reported a drop in second-quarter profits on Thursday, reflecting the impact of a weakening macroeconomic outlook that led it to set aside funds in case of bad loans.

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  • 14, July 2022

    European Commission Forecast: Ukraine war negatively affects EU economy

    Brussels: Russia’s war against Ukraine continues to negatively affect the EU economy, setting it on a path of lower growth and higher inflation compared to the Spring Forecast, according to the Summer 2022 EU Economic Forecast released by the European Commission Thursday.

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  • 14, July 2022

    Stock markets drop on fresh global inflation spikes

    LONDON: Stock markets mostly retreated Thursday as fresh evidence of runaway global inflation ramped up expectations of more aggressive interest-rate hikes by central banks.

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  • 13, July 2022

    Desperate for water: Drought hits Mexico’s industrial powerhouse

    MONTERREY: Maria Celia Navarro smiles wistfully as she remembers the now-unthinkable luxury of taking a shower in her home before a water shortage struck one of Mexico’s wealthiest cities.

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  • 13, July 2022

    European stocks fall, traders on edge; oil rebounds slightly

    LONDON: European equities fell Wednesday with traders on edge before key June inflation data in the United States.

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