KUWAIT: LuLu Hypermarket welcomed customers returning after the summer-break with the ‘LuLu Welcome Back’ promotion, which launched on August 28 and will run to Sept 3, across all outlets of the retailer in Kuwait.

KUWAIT: In response to the demand for encouraging saving habits among the community, especially the youth, Weyay Bank, the first digital bank in Kuwait, announced the launch of the Pro Pot, an innovative saving tool that is designed to help customers boost their savings with a competitive annual percentage rate.

SYDNEY: Australian mining giant BHP reported a sizeable hit to net profit Tuesday and warned of “volatility” ahead in global commodity markets buffeted by China’s economy.

TOKYO: The threat of a “megaquake”, a series of typhoons, and a week-long national holiday have some Japanese scrambling to buy rice — the nation’s cherished staple food — with the government warning Tuesday against panic buying.

NUKU’ALOFA, Tonga: A Nauru-backed company will forge ahead with contentious plans to start industrial deep-sea mining in 2026, a top executive has told AFP, vowing to overcome environmental criticisms that have dogged the project.

KUWAIT, Aug 27 (KUNA) - The Kuwait Finance House (KFH) announced on Tuesday the completion of converting Ahli United Bank-UK conventional banking services to be compliant with Shariah principles.

JACKSON HOLE, Wyoming: In 2022, when the Federal Reserve’s focus shifted to combating inflation, it had to ratchet up interest rates fast to get monetary policy caught up with fast-rising prices.

JACKSON HOLE, Wyoming: Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of global policymakers at the US Federal Reserve’s annual Jackson Hole conference, highlighting the changing trajectory of monetary policy as US and European central banks eye cutting interest rates.

MONTREAL: A decision obliging more than 9,000 Canadian rail workers to stay on the job is a win for the railways and could impact bargaining in other federally regulated sectors like aviation, the head of a Canadian rail workers’ union told Reuters.