Wednesday , September 26 2018

Business

VW brand likely to face full-year loss – Company may compensate owners of diesel cars for loss of value

HAMBURG/BERLIN, Oct 9, (Agencies): Volkswagen’s core autos division will likely plunge into a loss this year as it is set to shoulder the bulk of the costs from the fallout of the company’s rigging of diesel emissions tests, two company sources said on Friday. VW’s namesake brand accounts for about …

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Air France & pilots in first talks since violent protests

PARIS, Oct 9, (AFP): Air France resumed negotiations with pilots’ unions on Friday for the first time since one of its executives had his shirt torn off by an angry mob after the airline unveiled plans for job cuts. Xavier Broseta, the human resources director who was pictured on front …

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BMW X6: A fusion of dynamics, comfort and athleticism – Enhanced dynamics go hand in hand with improved efficiency

KUWAIT CITY, Oct 7: Equipped with an even more potent design presence and outstanding performance, the new BMW X6 strengthens its position as a leading exponent of exclusive driving pleasure. The ongoing evolution of the Sports Activity Coupe concept has enabled the new BMW X6 to offer an even broader …

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Al Habtoor Group wins prestigious award – ‘GCC Best Employer Brand Award 2015’

Abdul Salam Al Marzooqi receives the award on behalf of Al Habtoor Group. DUBAI, UAE, Oct 7: The Al Habtoor Group has won the highly coveted ‘GCC Best Employer Brand Award 2015’ at an event which took place at the Taj Dubai, Burj Khalifa Street on Tuesday Oct 6, 2015. …

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Al-Hajjaj wins Asian HR leadership Award – ‘Honor reflects Gulf Bank HR team hard work, commitment, and effort’

KUWAIT CITY, Oct 7: Gulf Bank announced that its General Manager for Human Resources, Salma Al-Hajjaj has won the prestigious Asian HR Leadership Award.  The award was presented at a gala dinner ceremony on Oct 6, 2015, at Taj Dubai, UAE. The event was hosted by the Employer Branding Institute, …

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Kuwait bourse advances 4.78 pts; volume slips – Americana sheds 60 fils; NBK gains

KUWAIT CITY, Oct 7: Kuwait stocks pulled higher on Wednesday extending the gains to third straight day. The price index pared back early losses to close 4.78 pts higher at 5,739.32 points even as board remained largely mixed amid uptick in oil prices. The KSX 15 gauge slipped 2.27 pts …

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Talabat.com announces third draw winners of its campaign

KUWAIT CITY, Oct  7: As committed to always treat its customers and exceed their expectations with awarding prizes, Talabat.com, Kuwait’s No. 1 online food delivery portal,is ongoing with its out of the box campaign: Let’s Eat… and announced today the third draw winners. Ahmad Al-Shatti was the first winner of …

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KSE climbs 7.22 pts in lacklustre trade – Humansoft jumps 60 fils; NBK flat

KUWAIT CITY, Oct 6: Kuwait stocks nudged higher on Tuesday extending the gains to second consecutive session. The bourse rose 7.22 pts in lacklustre trade to 5734.54 points helped by buying in select counters. Some of the banks ticked up whereas other heavyweights closed mixed. The KSX 15 benchmark climbed …

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Iran N-deal to boost Mideast economy: IMF – Saudi to grow by 3.4% this year

DUBAI, Oct 6, (AFP): Iran’s landmark nuclear deal will lift economic growth in the war-plagued Middle East next year as the rolling back of sanctions brings a rebound in oil exports, the IMF said Tuesday. But the outlook for this year has worsened over the past six months, partly because …

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Samsung struggles to find fix for smartphone misery – Co pinning hopes on Samsung Pay

SEOUL, Oct 6, (RTRS): More than a year into the overhaul of its smartphone lineup, Samsung Electronics Co Ltd has yet to find a way to reverse a slide in market share or margins, clouding its growth outlook and fuelling investor impatience. The world’s largest handset maker is forecast on …

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