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  • 15, September 2021

    As pandemic roils economy, more US workers call it a day

    WASHINGTON: Prior to the coronavirus pandemic, Antonio Fernandez, 64, had envisioned staying in his job at Chevron in Houston for perhaps another five years. “I probably think I had five more years to work, at least,” Fernandez said of his role with the oil giant. 

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  • 15, September 2021

    $12m seized from ex-officials as cash crunch hits Afghanistan

    KABUL: Afghanistan’s central bank said yesterday that the Taleban had seized more than $12 million in cash and gold from the homes of former government officials, as it called for all transactions to be made in local currency. 

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  • 14, September 2021

    A unique addition to a prestigious A-list of perfume brands

    Boutiqaat and Chalhoub … A strategic collaboration and a competitive addition.Boutiqaat, the renowned trademark and the pioneering e-commerce platform in the GCC, is taking pride in presenting Chalhoub a well-established company in the field of perfumery, fashion, accessories, watches, and cosmetics, as its new collaborator.

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  • 14, September 2021

    Evergrande dream turns to nightmare for property buyers

    BEIJING: Sleepless nights are now the routine for Ji Wenchen six months after she laid out $100,000 for a deposit on a new apartment that is yet to be completed by China’s rattled property giant Evergrande. 

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  • 14, September 2021

    US consumer prices slow in August as inflation pressures ease

    WASHINGTON: US consumer prices slowed in August as some of the inflation pressures caused by the havoc of the COVID-19 pandemic showed signs of easing, according to government data released yesterday. 

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  • 14, September 2021

    Global oil demand poised to rebound next month: IEA

    PARIS: Global oil demand has dropped for three straight months as COVID cases have risen in Asia but it is expected to bounce back next month, the International Energy Agency said yesterday. 

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  • 14, September 2021

    Philippines eases lockdown in Manila to spur economy

    MANILA: The Philippines will ease coronavirus restrictions in the capital Manila despite record infection numbers, officials said yesterday, as it seeks to spur economic activity. 

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  • 13, September 2021

    Fleeing Afghans sell wares at Kabul’s busy flea markets

     

    KABUL: Kabul’s flea markets are packed with the belongings that desperate Afghans have sold at rock-bottom prices to fund their escape from Taleban rule, or just to pay for food. 

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  • 13, September 2021

    Oil sector in balance as Norway votes; ‘Red-Green’ opposition seen winning

    OSLO: Norwegians voted yesterday in a parliamentary election broadly expected to see the “Red-Green” opposition win, potentially influencing the fate of oil activities in the largest producer in Western Europe. Polling stations opened at 9 am (0700 GMT) and first estimates based on advance ballots were to be released when voting ends at 9 pm.

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