NEW YORK: Aviation experts and analysts have been full of praise for Kelly Ortberg, who returned from early retirement on Thursday to take up the challenge of turning Boeing around after a series of quality and financial issues.

SANTIAGO: Chile’s largest steel plant announced on Wednesday that it had suspended operations because it could not sustain itself financially, despite new tariffs on Chinese steel meant to protect local production.

ZURICH: Swiss commodities giant Glencore announced Wednesday that it had decided against spinning off its coal business for now after consulting shareholders who view the polluting fossil fuel as a cash-generating activity.

TIRANA: Albanian jeweler Pirro Ruco labored day and night for five years to capture the essence of his country in a spectacular luxury watch. Now the timepiece, worth roughly $1.4 million, is set to face off against the best watches from across the world at the Geneva Watchmaking Grand Prix in November.

CONTESSA ENTELLINA: On the hills of the Contessa Entellina vineyard in western Sicily, the harvest is already well underway, the grapes ripening earlier than usual because of drought and high temperatures.

FRANKFURT: German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the “boom” in artificial intelligence and customers upgrading power grids.

LONDON: European and Asian stock markets mostly fell Thursday, with analysts warning that this week’s volatility has some time to run. Data last Friday showing fewer US jobs created in July than expected, plus the spike in the value of the yen after a rate hike last week, sent global equity markets plunging Monday.

WASHINGTON, Aug 8 (KUNA) -- US unemployment rate dropped, giving a positive push to the stock market, according to a Labor Department report.

TOKYO, Aug 8 (KUNA) -- Kuwait provides an abundance of opportunities for investment across numerous fields, a Chinese official said on Thursday, citing Beijing's increasing involvement in Kuwaiti development projects as part of broader bilateral cooperation.