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  • 11, May 2021

    China factory gate prices jump as commodities rally

    BEIJING: China’s factory gate inflation rose at its fastest rate in nearly four years last month, data showed yesterday, as a strong recovery in the world’s number two economy sees a surge in demand for key commodities such as iron ore and copper. 

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  • 11, May 2021

    Slowest China population growth in decades

    BEIJING: China’s population has grown at its slowest pace in decades, reaching 1.41 billion, census results showed yesterday, highlighting fears of a looming crisis over an ageing society. 

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  • 10, May 2021

    Brexit hit us too: Jersey fishermen react to French protest

    SAINT HELIER, United Kingdom: “If it goes on like this, there won’t be any more fishing around here,” warns Loic Farnham, a 30-year-old fisherman, after post-Brexit rule changes prompted a furious French protest. 

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  • 10, May 2021

    Climate to ravage Kenya’s tea production

    PARIS: Climate change is set to devastate Kenya’s tea production as the world’s largest exporter faces rising temperatures, erratic rainfall and insect infestations, according to analysis released yesterday. 

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  • 10, May 2021

    Boursa Kuwait announces profits of KD 3.26m for period ended March 31, 2021

    KUWAIT: In a meeting of its board members on 10 May 2021, Boursa Kuwait announced an operating profit of KD 3.77 million for the three month period ended March 31, 2021, a 74.32 percent increase compared to the same period in 2020, when the company recorded a profit of KD 2.16 million. 

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  • 10, May 2021

    Lebanon announces ‘conditional’ plan for dollar withdrawals

    BEIRUT: Lebanon’s central bank on Sunday announced a “conditional” plan that would allow depositors, hit by strangling financial restrictions, to access part of their foreign currency savings stuck in Lebanese banks. Lebanon is in the grips of its worst economic crisis since the 1975-1990 civil war, and more than half of the population is now in poverty.

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  • 10, May 2021

    Kuwait lists less than 1,000 new COVID cases for first time since Feb 28

    KUWAIT: Kuwait’s Ministry of Health has announced Sunday recording 992 new coronavirus infections, which is the first time the country reports a daily count of less than 1,000 cases since February 28. 

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  • 09, May 2021

    Hitachi trains withdrawn in UK over cracks

    LONDON: Four UK train operators on Saturday pulled a number of Hitachi high-speed trains from long-distance routes after cracks were discovered, causing widespread disruption. 

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  • 09, May 2021

    Fire and rehire: UK’s new labor battleground?

    LONDON: As coronavirus wreaks severe economic damage, some British employers stand accused of taking a highly controversial measure to stay afloat: Fire and rehire. 

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