Swan song for GE as it completes demerger
NEW YORK: The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday:
NEW YORK: The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday:
HONG KONG: Trading in debt-ridden Chinese property developer Country Garden was suspended in Hong Kong on Tuesday, days after it postponed the release of its 2023 results.
LONDON: Gold prices nailed another historic peak Tuesday over the growing prospect of interest rate cuts later this year, while European equity markets wobbled as traders returned following the long Easter holiday weekend.
Kuwait: Zain hosted its first Holy Quran Recitation Competition in strategic partnership with the Grand Mosque of Kuwait.
KUWAIT: Weyay Bank by National Bank of Kuwait proudly announces the launch of two innovative additions to its acclaimed Jeel feature, aimed at revolutionizing digital banking for children aged 8 to 14 across Kuwait.
HONG KONG: Asian markets were mixed while gold hit a record high Monday after data showed a slight uptick in US inflation that Federal Reserve boss Jerome Powell said was “in line with expectations”.
BALTIMORE: Workers have lifted out the first, 200-ton chunk of Baltimore’s collapsed bridge, officials said Sunday, as efforts get underway to clear the harbor of the steel structure destroyed by an out-of-control ship.
WASHINGTON, DC: The Algerian economy was still emerging from the COVID pandemic when spillovers from Russia’s war in Ukraine and recurrent droughts pushed up inflation, while high international hydrocarbon prices boosted government revenue and exports, said the International Monetary Fund in a statement.
KUWAIT: As part of its various initiatives during the holy month of Ramadan, Gulf Bank announced its support for the charitable campaign organized by the Kuwait Red Crescent Society (KRCS) under the slogan “Aid Palestine”, in response to the efforts of the state and civil society institutions aiming to alleviate the suffering of people affected by the war in Gaza.
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