• Free trade deal between EU and Australia collapses

    BRUSSELS: Trade deal negotiations between European Union and Australia have collapsed despite earlier optimism, with the two sides exchanging blame on Monday for their failure.

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  • Oil sinks on easing fears of Mideast war

    LONDON: World oil prices sank Monday as traders hoped a region-wide conflict could still be avoided. European equities rose as the sliding oil market lifted hopes that the US Federal Reserve and the Bank of England will opt for no-change when they announce their latest interest-rate decisions on Wednesday and Thursday respectively.

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  • Gulf Bank attracts young talents at Watheefti exhibition

    KUWAIT: As part of its unwavering dedication to nurturing young talents and attracting the best Kuwaiti candidates, Gulf Bank successfully concluded its sponsorship and active participation in the second edition of the “Watheefti” exhibition.

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  • German economy shrinks slightly in third quarter

    FRANKFURT: German output shrank slightly in the third quarter, official data published Monday showed, as high interest rates, elevated energy costs and a manufacturing slowdown continued to batter Europe’s largest economy.

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  • California startup to ‘sponge’ CO2 from the atmosphere

    BRISBANE, US: Scrubbing carbon dioxide from the air is imperative if humanity is to limit global warming, experts say, and a California startup says it can do just that, using limestone as a carbon-sucking sponge.

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  • Kuwait population hits 4.82 million

    KUWAIT: Kuwait’s total population reached 4.82 million in H1 2023 (+8 percent y/y), finally topping its pre-pandemic level, on a steady but slowing rise in the number of Kuwaitis (+1.9 percent to 1.53 million) and a more marked gain in the number of expatriates (+11 percent y/y to 3.3 million), according to test demographic data from the Public Authority for Civil Information (PACI).

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  • UAW, GM reach tentative agreement to end 6-week strike

    WASHINGTON, Oct 30 (KUNA) -- US General Motors (GM) and the United Auto Workers (UAW) union have reached a tentative labor agreement that could bring an end to the union's six-week strike, according to reports Monday.

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  • Kuwait investment promotion body issues fiscal year 2022/23 report

    KUWAIT, Oct 30 (KUNA) -- Kuwait's Direct Investment Promotion Authority (KDIPA) issued on Monday its report for the fiscal year 2022/2023, a routine measure the body takes as part of its contributions towards national development plans.

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  • Kuwaiti economists: Listed companies activate treasury stocks to regain price levels

    KUWAIT, Oct 30 (KUNA) -- Decline in activities in the third quarter at Boursa Kuwait -- the stock exchange -- had led over 45 listed companies to active the financial tool of treasury stocks to regain price levels.

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