A hawkish week for central banks
KUWAIT: Federal Reserve Chair Jerome Powell delivered a testimony before congressional committees outlining his views on inflation and the economy following the decision to hold rates.
KUWAIT: Federal Reserve Chair Jerome Powell delivered a testimony before congressional committees outlining his views on inflation and the economy following the decision to hold rates.
KUWAIT: Global Finance announced its awards for banks in Kuwait and the region, which saw Boubyan Bank’s recognition for the eighth consecutive year with the award for the “Best Islamic Bank in Kuwait” for the year 2023.
FRANKFURT: Shares in Siemens Energy plummeted after the company warned that technical problems at its wind turbine unit were worse than previously thought.
BERLIN: On his many visits to semiconductor factories and electric car plants, Germany’s Chancellor Olaf Scholz bangs the drum for an economy at the forefront of an industrial transformation.
KUWAIT, June 25 (KUNA) -- Gold prices dipped at the end of last week's trading, to close at USD 1,921 per ounce, recording losses for the second week in a row.
KUWAIT: Weyay Bank, Kuwait’s first and rapidly growing digital bank, has joined forces with Mastercard, a global technology company in the payments industry.
MURCIA: With rainfall increasingly scarce, irrigating crops can be a major challenge, but farmers in southeastern Spain have long relied on recycled wastewater in a model that is winning attention abroad.
PARIS: A global climate summit has wrapped up with leaders agreeing that the international financial system was woefully inadequate in an era of global warming, after taking a number of small steps to helping debt-burdened developing nations.
PARIS: Buried beneath the hype of the artificial intelligence revolution, big tech is quietly rolling out services for disabled people that it hopes will push a greater transformation for customers.
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