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  • 14, May 2022

    Musk sends mixed messages on Twitter deal, pressuring shares

    SAN FRANCISCO: Elon Musk sent mixed messages Friday about his proposed Twitter acquisition, pressuring shares of the microblogging platform amid skepticism on whether the deal will close.

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  • 14, May 2022

    Lebanese activists launch mock ‘lollar’ banknotes

    BEIRUT: Lebanese activists Friday rolled out mock banknotes featuring paintings of a gutted central bank or the Beirut port explosion to denounce high-level corruption that has helped to wreck the country.

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  • 12, May 2022

    UK oil capital tackles energy transition, up to a point

    ABERDEEN: In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city’s port, and hydrogen buses are clear evidence of the move to green energy.

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  • 12, May 2022

    Russian isolation won’t spark ‘acute’ oil supply crunch: IEA

    PARIS: Russia’s growing isolation will not create an “acute” global oil supply crunch as production from other countries is rising and demand from China is falling, the International Energy Agency said Thursday.

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  • 12, May 2022

    Saudi Aramco dethrones Apples as world’s most valuable company

    RIYADH: Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil prices drove up shares and tech stocks slumped.

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  • 11, May 2022

    ECB signals rate hike as soon as July to combat inflation

    FRANKFURT: European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring inflation, echoing the actions of other major central banks and heralding the end of the eurozone’s cheap money era.

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  • 11, May 2022

    Ukraine says Russia halts gas supplies at key transit point

    KYIV, Ukraine: Ukraine on Wednesday said Russia had halted gas supplies through a key transit hub in the east of the country, fuelling fears Moscow’s invasion could worsen an energy crisis in Europe.

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  • 11, May 2022

    NIC profits jump 307% to reach KD 15.4m in first quarter of 2022

    KUWAIT: National Investments Company (NIC) approved the financial results for the first quarter of 2022.

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  • 10, May 2022

    Boubyan Bank, an example of a success story: Group CEO

    KUWAIT: Boubyan Bank represents a unique success story of an institution rising steadily towards the top to assume an outstanding place in the banking industry and at the level of Islamic banking, regionally and internationally, especially in the digital services domain.

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