BUDAPEST: EU leaders on Friday pledged to overhaul the bloc’s economy with radical changes recommended in a landmark report, in reforms that have taken on greater urgency with Donald Trump winning back the White House.

TOKYO: Sony’s net profit jumped in the second quarter thanks to stronger sales in gaming, music and imaging sensors, the PlayStation maker said Friday as it left its annual profit forecasts unchanged.

LONDON: Major stock markets mostly rose Thursday following Donald Trump’s election win that is set to see the returning president unveil US tax cuts and import tariffs.

BEIJING: China’s leading chipmaker SMIC announced Thursday a sharp rise in profits over the same period last year, despite a simmering rivalry between Beijing and Washington over vital technologies.

KUWAIT: As part of its ongoing efforts to promote financial and banking awareness among all sectors under the umbrella of the “Let’s Be Aware” campaign introduced by the Central Bank of Kuwait, in cooperation with Kuwait Banking Association (KBA), National Bank of Kuwait (NBK) delivered a session highlighting the latest forms of fraud to the students of Kuwait Technical College (K-Tech).

SHANGHAI: American businesses at a major Shanghai trade fair said Thursday they were optimistic about US-China commerce under a second Donald Trump presidency, despite his tough rhetoric on tariffs raising fears of a new trade war.

WASHINGTON: Donald Trump’s victory in the 2024 US presidential election is likely to usher in a raft of economic changes at home and abroad, touching everything from foreign trade to the independence of the US central bank.

KUWAIT: Economic growth in Bahrain, Oman, and Qatar will pick up in 2025 with non-oil GDP rising more than 3 percent on average supported by government initiatives and projects along with a drop in interest rates.

WASHINGTON: The US services sector accelerated to a more than two-year high in October as employment rebounded strongly, suggesting that a near stall in job growth last month was an aberration.