Slowing global jet fuel demand adds to oil market concerns
NEW YORK: Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead.
NEW YORK: Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead.
LONDON, Aug 15 (KUNA) -- British gross domestic product (GDP) is estimated to have increased by 0.6 percent in this year's second quarter, highest growth pace in two years.
By Salem Al-Methen ABU DHABI, Aug 15 (KUNA) -- The architectural boom taking place in the United Arab Emirates is ushered in by prosperity and development in the real estate sector, paralleled with the world's most developed nations.
Hong Kong: Most equities marched higher Wednesday after hopes for a Federal Reserve interest rate cut next month were boosted by data showing US wholesale prices rose less than forecast last month.
TAIPEI, Taiwan: Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers.
NEW YORK: A tumultuous sell-off in financial markets this month has barely scathed global financing conditions, but the risk of further volatility means borrowers are not yet out of the woods.
BEIJING: A recent string of dismal indicators have dulled expectations for China’s economic performance in July, in an ominous sign for the rest of 2024 and pointing to the need for more stimulus measures beyond plastering over pain points in the world’s second-largest economy.
KUWAIT: Egypt Kuwait Holding Company (EKH) on Wednesday announced its financial results for the period ending June 30, 2024, prepared in accordance with Egyptian accounting standards.
KUWAIT: Kuwait Chamber of Commerce and Industry on Wednesday received an economic delegation from the Republic of Uzbekistan, led by Uzbekistanís Foreign Minister Bakhtiyor Saidov.
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