LONDON: Prime Minister Boris Johnson said yesterday that Britain “can prosper mightily” without a post-Brexit trade deal with the European Union, the day after agreeing to extend stalled talks with Brussels. 

WASHINGTON: One US presidential candidate wants to raise taxes, the other lower them. One will pursue an ongoing trade war, the other may throttle back tensions. And neither will get much done without Congress’s approval. 

KUWAIT: Kuwait Financial Centre “Markaz” recently released its Monthly Markets Review report for the month of September 2020. Markaz report stated that, most GCC equity markets ended the month in green despite concerns of economic recovery amid threat of second wave of COVID-19 and fall in oil prices.

LONDON: The coronavirus pandemic that has slammed oil demand and prices is forcing energy majors to tighten their belts on exploration, even if finding new deposits remain essential to their existence. 

LONDON: US retail giant Walmart has agreed to sell its British supermarket chain Asda to billionaire brothers and a private equity group for £6.8 billion ($8.7 billion, 7.4 billion euros), they announced Friday.

NEW YORK/LONDON: Global equity markets slumped and investors piled into gold and the Japanese yen on Friday after US President Donald Trump tested positive for the coronavirus, adding to market uncertainty just 32 days before the US election. 

SAN FRANCISCO: Tesla Inc on Friday said it delivered 139,300 vehicles in the third quarter, a quarterly record for the electric carmaker, but shares fell 5.7 percent in pre-market trading.

WASHINGTON: US employment growth slowed more than expected in September and over 300,000 Americans lost their jobs permanently, dealing a potential blow to President Donald Trump ahead of the fiercely contested Nov 3 presidential election. 

KUWAIT: The number of confirmed coronavirus cases in Kuwait rose by 371 yesterday to take the total count to 106,458, while a fivefold increase in fatalities pushed its death toll from the outbreak to 620, health ministry data showed.