LONDON, Aug 20 (KUNA) -- The number of firms in England and Wales going bust last month rose by 16 percent year-on-year, the British government agency Insolvency Service figures showed on Tuesday.

LONDON, Aug 20 (KUNA) -- First 1-pound coins featuring King Charles III entered circulation, according to the Royal Mint, the UK's official maker of British coins, almost three million coins have been issued to post offices and banks across the country.

CAIRO, Aug 20 (KUNA) -- Egypt and the European Union (EU) signed Tuesday, an agreement to support trade, industry, growth and rapid market access (EU Tigara) worth 8 million euros (USD 8.86 million).

(Report) KUWAIT, Aug 20 (KUNA) -- The State of Kuwait, under His Highness the Amir's directives, is accelerating reforms to achieve economic development and financial sustainability through building strategic partnerships with major countries.

KUWAIT: In its ongoing commitment to customer engagement and community involvement, Gulf Bank recently organized a tote bag painting workshop in collaboration with artist Zainab Al-Baqsami.

CHENNAI: A group of Indian port workers’ unions has called for a strike from Aug 28 to demand immediate settlement of pay revisions and pension benefits, according to a note signed by its members.

LONDON: Investors trimmed their bearish short positions in petroleum after other financial markets steadied following a sudden plunge earlier this month and crude prices found support above $75 per barrel.

NEW YORK: Regional lenders at the heart of last year’s banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may attract anti-trust scrutiny.

BENGALURU: The US Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024, one more reduction than predicted last month, according to a slim majority of economists polled by Reuters who said a recession is unlikely.