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Kuwait news and analysis and around the world at KuwaitTimes.com. Politics, Business, Sports, Lifestyle, and in-depth reporting.
- 1,332articles · 30d
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News
China's trade surges before expected Trump-Xi summit
5+ day, 15+ hour ago (490+ words) Kuwait Times China's trade surges before expected Trump-Xi summit BEIJING: China's imports and exports surged in August, helped by a global AI buildout that has fueled demand for technology products, and ahead of an expected meeting between President Xi Jinping…...
Jaguar Land Rover to axe 4,000 jobs amid Europe slump
6+ day, 3+ hour ago (194+ words) LONDON: Jaguar Land Rover said Monday that it would cut “around 4,000 roles over the next two years”, or about ten percent of its global workforce, in a further blow to Europe’s automobile industry. The company revealed its voluntary redundancy scheme…...
ECB set to hike interest rates as Iran war flares
6+ day, 5+ hour ago (355+ words) FRANKFURT: The European Central Bank is expected to raise interest rates again this week as renewed fighting in the Middle East pushes up energy costs and risks further stoking inflation. Some of the heaviest clashes in weeks in the US-Iran…...
Oil sinks, stocks rise after Trump hints at brief strikes
1+ week, 3+ day ago (219+ words) HONG KONG: Oil prices sank Thursday after US President Donald Trump suggested the latest American attacks against Iran would likely be short-lived. The move helped most equities higher and eased pressure on bond yields, providing much-needed relief to markets, while…...
Primark to open its first stores in Bahrain, Qatar as regional expansion continues
1+ week, 4+ day ago (347+ words) Kuwait Times Primark to open its first stores in Bahrain, Qatar as regional expansion continues KUWAIT: Primark, the international fashion retailer, known for its affordable style and everyday essentials has announced the opening dates of its first stores in Bahrain…...
US company to take over some Venezuela oilfields
1+ week, 5+ day ago (610+ words) kuwaittimes.com US company to take over some Venezuela oilfields WASHINGTON: US oil company North American Blue Energy Partners will take over some oilfields previously controlled by several Chinese companies and a Russian firm, two US officials told Reuters on…...
India economy beats growth estimates, defying ME turmoil
1+ week, 6+ day ago (371+ words) Kuwait Times India economy beats growth estimates, defying ME turmoil NEW DELHI: India's economy grew at a faster pace than expected in the April to June quarter, official data showed on Monday, quelling fears that the Iran war would derail…...
Markets crave clarity from cryptic Fed chair
2+ week, 5+ hour ago (511+ words) Since taking office, Warsh has delivered on his promise to drastically reduce Fed communications. He has axed forward guidance on the direction interest rates may take in the world’s largest economy, and refused to share his views on the economic…...
Fed chair Warsh signals???work to do??? on high inflation
2+ week, 1+ day ago (435+ words) “On the price-stability side of our mandate, the numbers are more concerning,” said Warsh. He added that he would be “hard pressed” to describe current financial conditions as “restrictive,” a potential hint that interest rate hikes could be on the…...
Trump announces US stake in Venezuelan oil reserves
2+ week, 1+ day ago (268+ words) WASHINGTON: President Donald Trump said Friday his administration had reached an oil deal with Venezuela that gives the United States majority control of 65 billion barrels of proven petroleum reserves. The agreement, which Trump called "the biggest oil deal in world…...