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Thursday , October 1 2020

Business

Kuwait index rebounds 16.73 pts in ‘dull’ trade – NBK gains 10 fils; KIPCO flat

KUWAIT CITY, Aug 30: Kuwait stocks headed north on Tuesday stemming the four day decline. The bourse climbed 16.73 points in lackluster trade to 5,421.43 …

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Apple sued over iPhone 6 touch-screen freezes

SAN FRANCISCO, Aug 30, (AFP): A lawsuit filed in Silicon Valley federal court over the weekend accuses aApple of knowingly selling defective iPhone 6 models …

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Sultan Telecom partners with ‘PhishMe’ – Deal to provide customers with best defenses against phishing attacks

KUWAIT CITY, Aug 29: Today’s companies face a truly daunting task when trying to protect their computer systems and sensitive data from compromise. Attackers are …

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Seasonality continues to weigh on sales

Midway through the summer season, real estate activity appeared to soften further, with July sales the lowest in four years. Overall sales across all sectors …

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Kuwait bourse edges lower; volume shrinks – KIPCO drops 10 fils; Americana stagnates

KUWAIT CITY, Aug 29: Kuwait stocks sagged on Monday extending the losses to fourth straight session. The bourse eased 6.27 points in choppy trade to …

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Experts ‘alarmed’ at firms’ pullout from Kuwait bourse – Trend seen to persist till year-end unless solutions are found: analysts

KUWAIT CITY, Aug 28, (KUNA): Recurring withdrawal of companies from Kuwait Stock Exchange (KSE) has become an alarming issue that requires remedies, particularly after six …

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Oil demand seen easing to 1.2m bpd in 2017

On our estimates, global oil demand will end up increasing by about 3.0mn b/d between 2014 and 2016, well above the recent historical averages. Interestingly, …

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Oil prices below $50 per barrel – pure speculation – Supply high but demand still weak

Oil prices will not improve or go above $50 per barrel if the basic fundamentals remain the same. Supply is high but demand is weak. …

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Oil prices edge ‘higher’ but market remains weak – OPEC giants downplay output limits

NEW YORK, Aug 27, (AFP): Oil prices edged higher Friday but the market remained weak as OPEC’s key producers cast doubt on the possibility of …

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Bourse ends in red for 2nd straight week

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,428.91 points, down by 0.79% from the week before …

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