Business
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Kuwait oil falls to USD 110.81 pb – KPC
Kuwait: The price of Kuwaiti oil went down by 15 cents to USD 110.81 per barrel on Thursday, compared with…
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Germany raises natural gas alert level after Russia slash supplies
FRANKFURT, Germany: Germany moved closer to rationing natural gas on Thursday as it raised the alert level under an emergency…
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Euro, pound retreat against dollar as recession prospects increase
LONDON: The euro and pound retreated against the dollar Thursday as economic data pointed to increased prospects of recession in…
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Tunisia trade unions chief Taboubi rejects IMF reforms
TUNIS: The head of Tunisia’s powerful UGTT trade union on Thursday rejected International Monetary Fund conditions for a new loan…
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UK debt repayments soar on high inflation
London: Interest repayments on UK government debt have soared as the country’s inflation reaches the highest levels in decades, official…
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Germany raises gas alert level after Russia dwindles supply
Frankfurt: Germany said Thursday it would raise the alert level under its emergency gas plan to secure supply following the…
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Kuwait oil dips by USD 5.16 to USD 110.96 pb – KPC
Kuwait: The price of Kuwaiti oil plunged by USD 5.16 to USD 110.96 per barrel on Wednesday, compared with USD…
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Iran’s oldest pistachio trader prepares a ‘small revolution’
TEHRAN: Tucked away in Tehran’s famed Grand Bazaar, Iran’s oldest pistachio wholesaler quietly prepares a small revolution-he will hand his…
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Afghanistan’s ancient Buddhist city threatened by Chinese copper mine
MES AYNAK: An ancient Buddhist city carved out of immense peaks near Kabul is in danger of disappearing forever, swallowed…
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Equities, oil prices plunge as recession fears builds
LONDON: Equities and oil prices tumbled Wednesday after a brief respite from last week’s painful rout across world markets, with…
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UK inflation hits fresh 40-year high
London: British annual inflation has hit a fresh 40-year high, official data showed Wednesday, further eroding workers’ wages and pressuring…
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UK hit by ‘biggest’ rail strike in over 30 years
LONDON: Rush-hour commuters in the UK faced chaos on Tuesday as railway workers launched the network’s biggest strike in more…
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