Prices bite into Greek Xmas even as economy improves
THESSALONIKI: Greece’s traditional Christmas sweets made of icing sugar, honey and powdered almonds tantalize shoppers ahead of the festive season as they do every year.
THESSALONIKI: Greece’s traditional Christmas sweets made of icing sugar, honey and powdered almonds tantalize shoppers ahead of the festive season as they do every year.
SHANGHAI: Tesla officially launched a massive battery factory project in Shanghai on Friday, the US electric car maker’s second plant in the Chinese city, state media reported.
WASHINGTON: A measure of inflation favored by the US Federal Reserve weakened in November on lower energy prices, government data showed Friday, providing further reassurance to policymakers keen to rein in price increases.
PARIS: High-speed trains running the Channel Tunnel resumed service on Friday after French unions ended a wildcat strike that had stranded vacationers and held up freight just days before Christmas.
KUWAIT: National Bank of Kuwait (NBK), as part of a consortium of four banks, has formally inked a SAR4.35 billion financing deal with Shomoul Holding Company to fund Phase 1 of the Avenues Khobar project.
KUWAIT: Al Ahli Bank of Kuwait (ABK) has achieved a new milestone with the successful issuance of KD50 million Subordinated Tier 2 Bonds, set to mature over a 10-year period and callable after 5 years.
ISTANBUL: Turkey’s central bank announced a smaller interest rate hike than in previous months on Thursday, signaling it is nearing the end of its monetary tightening as it battles double-digit inflation.
GENEVA: Negotiations at the World Trade Organization towards drawing up global e-commerce rules have concluded on a range of regulations, and should wrap up fully next year, the countries organizing the talks said Wednesday.
JOHANNESBURG: More than 2,000 platinum workers returned to the surface at a South African mine on Wednesday after ending a three day underground protest over conditions, the owners said.
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