LONDON: Britain has emerged from a short-lived recession with better-than-expected growth in the first quarter, official data showed Friday, boosting embattled Prime Minister Rishi Sunak before this year’s general election.

TAIPEI: Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.

MADRID: The hostile takeover bid launched by Spanish banking giant BBVA for its smaller rival Banco Sabadell has sparked a political uproar in the country.

KUWAIT: In recognition of its pioneering role in executing initiatives that promote diversity and inclusion within the bank and externally, Gulf Bank was honored by MEED magazine with two prestigious awards: The “Best Implementation of Diversity and Inclusion Initiatives” and the “Best Initiative for Women in Business” award for the Middle East and North Africa region.

NEW YORK, May 11 (KUNA) -- Kuwait affirmed its ongoing efforts to become a pioneer in developing the legal field and following the international legislative developments.

KUWAIT: Burgan Bank recently celebrated two of its talented and high-performing employees for completing the one-year Kuwait Graduate Development Program (KGDP) in collaboration with the Kuwait Institute for Banking Studies (KIBS) under the umbrella of the bank’s dedication of human capital development and advancement of Kuwaiti talents.

KUWAIT: Economic growth is set to remain robust, with strong demand underpinned by the ongoing property market expansion, solid performance by the financial sector, booming tourism, attractive foreign investment climate and capacity expansion initiatives in the hydrocarbon sector alongside renewables.

KUWAIT: Underscoring its social responsibility by showing support to the young generation and students, National Bank of Kuwait (NBK) has announced opening registration for NBK Aspire Summer Internship Program for 2024, targeting students between the age of 14 and 18 years, which is scheduled to kickstart on June 30.

BEIJING: Chinese exports returned to growth last month while imports smashed expectations, data showed Thursday, providing a much-needed boost to the country’s leadership as it tries to steer the economy out of a long-running slump.