Business
kuwaittimes
15 hours ago
87
US unveils Asia-Pacific trade framework; questions remain
TOKYO: US President Joe Biden launched a new Asia-Pacific trade initiative Monday in Tokyo, with 13 countries including India and…
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kuwaittimes
15 hours ago
77
Euro rallies as ECB signals end to negative rates
FRANKFURT: The euro jumped one percent versus the dollar Monday after European Central Bank chief Christine Lagarde signaled the end…
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kuwaittimes
15 hours ago
74
‘This is an atrocity’: Fears grow that Russian blockade may unleash famine
ODESSA, Ukraine: Staring out over Ukraine’s seemingly endless wheat fields near Odessa, Dmitriy Matulyak has a difficult time imagining that…
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Kuwait Times
2 days ago
156
Boutiqaat launches its summer sale campaign
* The biggest summer discounts and an exclusive range of products…only on Boutiqaat * The first station for online shopping…
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kuwaittimes
2 days ago
155
NIC holds analysts conference for Q1 2022 financial results
KUWAIT: National Investments Company held its Analysts Conference for the first quarter of 2022, on Wednesday, May 18th, which was…
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kuwaittimes
2 days ago
156
Saudi prince to sell 16.87% of firm to sovereign fund
RIYADH: A Saudi billionaire is to sell a 16.87-percent stake of his company to a sovereign wealth fund run by…
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kuwaittimes
2 days ago
167
Bitter harvest for Indian wheat farmers after govt bans export
KHANNA, India: When New Delhi banned wheat exports as prices soared over Russia’s invasion of Ukraine it provoked consternation abroad…
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kuwaittimes
2 days ago
164
Abbott CEO apologizes to US families for baby formula crisis
WASHINGTON: The head of baby formula manufacturer Abbott apologized Saturday to US families affected by the shortage of the essential…
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kuwaittimes
3 days ago
270
Hive mind: Tunisia beekeepers abuzz over early warning system
TESTOUR, Tunisia: Elias Chebbi inspected a beehive in a field in Tunisia minutes after a buzz on his phone warned…
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kuwaittimes
3 days ago
182
Irish PM urges UK to abide by post-Brexit trade deal
BELFAST: Irish Prime Minister Micheal Martin urged the UK government to stand by its post-Brexit trade commitments in Northern Ireland,…
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kuwaittimes
3 days ago
184
Davos returns under Ukraine cloud after COVID-19 break
DAVOS: The world’s political and business elite will hobnob in Davos next week after a two-year break caused by COVID,…
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kuwaittimes
5 days ago
314
G7 finance ministers meet to thrash out Ukraine aid plan
KONIGSWINTER, Germany: G7 partners met in Germany on Thursday hoping to find a solution for Kyiv’s budget troubles as the…
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kuwaittimes
5 days ago
218
Indonesia to lift ban on palm oil exports from Monday
JAKARTA: Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said Thursday, relieving pressure on…
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kuwaittimes
5 days ago
192
New Zealand budget offers cash to tackle rising costs
WELLINGTON: New Zealand on Thursday unveiled a big-spending budget including cash handouts to combat the rising cost of living. Prime…
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kuwaittimes
6 days ago
356
Union of Arab Banks names Boubyan Bank’s Al-Majed ‘Arab Banker of the Year’
KUWAIT: The Union of Arab Banks has named Adel Al-Majed, Vice-Chairman & Group Chief Executive Officer of Boubyan Bank Group,…
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kuwaittimes
6 days ago
252
Morocco’s Marrakesh ‘breathing again’
MARRAKESH: Moroccan snake-charmer Youssef watched as long-absent tourists again thronged Marrakesh’s famous Jamaa El-Fna square, ending a long pause forced…
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kuwaittimes
6 days ago
271
Pakistan, IMF discuss release of funds as economy falters
ISLAMABAD: The International Monetary Fund began talks with Pakistani officials on Wednesday over the release of crucial funds, a process…
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kuwaittimes
6 days ago
267
Japan’s economy shrinks slightly shrinks as coronavirus wave hit
TOKYO: Japan’s economy shrank slightly in the first quarter of 2022, official data showed Wednesday, hit by COVID-19 restrictions and…
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kuwaittimes
7 days ago
321
Indian insurance giant slumps after country’s biggest-ever IPO
MUMBAI: Indian state-owned insurance giant LIC slumped on its market debut Tuesday following the country’s biggest-ever initial public offering, closing…
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kuwaittimes
7 days ago
263
No Twitter deal without clarity on spam accounts, says Musk
NEW YORK: Billionaire Elon Musk said Tuesday that his purchase of Twitter would not go ahead unless he was given…
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kuwaittimes
7 days ago
181
China’s zero-COVID policy to hit Asia aviation recovery: IATA
SINGAPORE: China’s zero-COVID policy will hold back a full air travel recovery in the Asia-Pacific region, a top airline industry…
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kuwaittimes
7 days ago
196
UK unemployment dips but wages hit by soaring inflation
LONDON: Britain’s unemployment rate has fallen further to a near five-decade low, official data showed Tuesday, but the value of…
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kuwaittimes
1 week ago
471
Wheat prices hit record high after India’s ban on export
PARIS: Wheat prices surged to a new record high on Monday after India decided to ban exports of the commodity…
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kuwaittimes
1 week ago
211
US, EU to ramp up chip making and raise pressure on Russia
SACLAY, France: The United States and the European Union announced on Monday a joint effort to boost microchip manufacturing and…
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kuwaittimes
1 week ago
170
China’s retail sales slump as lockdowns cause chaos
BEIJING: China’s retail sales and factory output slumped to their lowest levels in around two years, official data showed Monday,…
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kuwaittimes
1 week ago
293
US companies eye more consumer pushback as inflation toll mounts
NEW YORK: Prices on household goods have been rising for months in the United States, souring the national mood but…
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kuwaittimes
1 week ago
359
Heatwave-hit India irks G7 with ban on wheat export
NEW DELHI: India banned wheat exports without government approval Saturday after its hottest March on record hit production, in a…
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kuwaittimes
1 week ago
301
Lebanese activists launch mock ‘lollar’ banknotes
BEIRUT: Lebanese activists Friday rolled out mock banknotes featuring paintings of a gutted central bank or the Beirut port explosion…
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kuwaittimes
1 week ago
228
Musk sends mixed messages on Twitter deal, pressuring shares
SAN FRANCISCO: Elon Musk sent mixed messages Friday about his proposed Twitter acquisition, pressuring shares of the microblogging platform amid…
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kuwaittimes
1 week ago
252
Lack of competition fueled US baby formula shortage
WASHINGTON: There’s no end in sight to America’s shortage of baby formula-and the crisis has highlighted the lack of competition…
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kuwaittimes
2 weeks ago
447
Saudi Aramco dethrones Apples as world’s most valuable company
RIYADH: Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil prices drove up shares…
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kuwaittimes
2 weeks ago
328
Russian isolation won’t spark ‘acute’ oil supply crunch: IEA
PARIS: Russia’s growing isolation will not create an “acute” global oil supply crunch as production from other countries is rising…
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kuwaittimes
2 weeks ago
448
NIC achieves a net profit of KD 15.4m, a growth of 307%
KUWAIT: The National Investments Company (NIC) has approved the financial results for the first quarter of 2022. The company achieved…
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kuwaittimes
2 weeks ago
318
Ukraine says Russia halts gas supplies at key transit point
KYIV, Ukraine: Ukraine on Wednesday said Russia had halted gas supplies through a key transit hub in the east of…
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kuwaittimes
2 weeks ago
277
ECB signals rate hike as soon as July to combat inflation
FRANKFURT: European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring…
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