• Report: BMW Group sold 2.55 mln vehicles in '23

    BERLIN, Jan 9 (KUNA) -- The BMW Group revealed on Tuesday that it had sold 2.55 million vehicles of its BMW, MINI, and Rolls-Royce brands in 2023.

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  • USD drops to KD 0.307, Euro rises to KD 0.336

    KUWAIT, Jan 9 (KUNA) -- The exchange rate of the US dollar on Tuesday dropped by 0.05 percent to KD 0.307, while the Euro rose by 0.11 percent to KD 0.336, compared to Monday's rates.

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  • Teacher finds part of Boeing panel in yard

    WASHINGTON: A teacher in Oregon has found part of an Alaska Airlines airplane panel that blew out mid-flight in his backyard, officials said, as shares in the beleaguered manufacturer Boeing began falling in pre-market trading Monday after the near-disaster.

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  • London underground strike suspended at the last minute

    LONDON: A strike that threatened to grind London’s underground network to a virtual halt for several days was called off at the last minute on Sunday following “positive discussions” in pay talks, the main rail union said.

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  • Angry farmers stage tractor blockades across Germany

    BERLIN: Furious farmers opposed to Berlin’s plans to cut tax breaks for agriculture used tractors to block roads across Germany on Monday, kicking off a series of crippling strikes sinking the country deeper into a winter of discontent.

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  • Stock markets drop as early US rate cut chances recede

    LONDON: Stock markets retreated Monday, extending a weak start to the year, after a forecast-busting US jobs report further dampened hopes of an early cut to interest rates in the world’s biggest economy.

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  • Kuwait: New figures show GDP contracted

    KUWAIT: After a long hiatus, official figures on Kuwait’s GDP have been published, with data up to Q2 2023. Real economic growth was negative in Q2 2023 at -1.3% y/y, with oil output weighed down by OPEC-mandated production cuts.

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  • Gulf Bank continues to support Diraya Campaign in 2024

    KUWAIT: Mohammad Al-Hebeshi, Gulf Bank's Corporate Communications Officer, highlighted the bank's pivotal role in supporting the Let's Be Aware (Diraya) campaign throughout 2023.

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  • VinFast plans first EV factory in India

    HANOI: Vietnamese carmaker VinFast said it will build its first electric vehicle factory in India as part of a planned $2 billion investment, as it looks to expand into the rapidly growing market.

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