• Brussels hosts EU-China trade talks

    BRUSSELS, April 24 (KUNA) -- European Commission Executive Vice President Valdis Dombrovskis is meeting in Brussels later on Monday Chinese Commerce Minister Wang Wentao to discuss bilateral issues, EU spokesperson for trade Miriam Ferrer told a news conference.

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  • Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover

    Zurich: Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, the bank’s earnings report showed Monday, providing clues to the towering challenges ahead as UBS prepares an emergency takeover.

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  • EU’s international trade up

    BRUSSELS, April 20 (KUNA) -- In January to February, EU exports of goods to the rest of the world rose to 406.3 billion euro (USD 445 billion) an increase of 9.2 percent compared with January-February in 2022.

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  • European Parliament approves rules on crypto assets

    BRUSSELS, April 20 (KUNA) -- The European Parliament Thursday approved with 529 votes in favour to 29 against and 14 abstentions, the first piece of EU legislation for tracing transfers of crypto-assets like bitcoins and electronic money tokens.

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  • Kuwait's March trade surplus with Japan almost double

    TOKYO, April 20 (KUNA) -- Kuwait's trade surplus with Japan almost doubled from a year earlier to JPY 121.4 billion (USD 902 million) in March, fueled by brisk export performance, government data showed Thursday.

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  • UK: Inflation rate decreased during past month to 10.1 pct

    London: Official data showed Wednesday that the inflation rate, according to the Consumer Price Index (CPI), decreased in the UK during the past month by 0.3 percent to reach 10.1 percent, however it is still at the highest level recorded since 1982.

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  • Musk touts new moderation policy to reassure advertisers

    MIAMI: Twitter head Elon Musk on Tuesday attempted to reassure wary advertisers by hyping up the site’s newly introduced content moderation policy against hateful material.

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  • EU inflation rate down 8.3 pct - Eurostat

    BRUSSELS, April 19 (KUNA) -- European Union annual inflation rate was 8.3 percent in March, down from 9.9 percent in February. A year earlier, the rate was 7.8 percent.

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  • Our resilient business model positions us well to tackle global challenges: Al-Sager

    KUWAIT: Isam J Al-Sager, Group Vice-Chairman and CEO of National Bank of Kuwait (NBK) said that in the first quarter of 2023, the bank succeeded in sustaining the exceptional performance in 2022 by maintaining improved operational activities, robust asset growth, increased liquidity levels, and solid capital base.

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