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Thursday , October 17 2019

Business

American Airlines 3Q profit soars on cheaper jet fuel

A big merger and cheaper jet fuel are doing wonders for American Airlines. The world’s biggest airline reported Friday that its net income jumped 80 …

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BMW Concept M4 GTS: High-performance by all means – 3.0-liter engine boosted by innovative water injection tech

KUWAIT CITY, Oct 21: A year on from the launch of the BMW M4 Coupe, BMW M Division is presenting an initial preview of a …

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Experts discuss risk to oil investment – No OPEC, non-member output cuts discussed — delegates

VIENNA, Oct 21, (RTRS): A meeting of oil experts from OPEC and non-member countries discussed the risk that low oil prices would reduce investment in …

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Tijari records net profit of KD 25.4 mln for nine months – Bank continues to maintain lowest NPL ratio at 0.94%

KUWAIT CITY, Oct 21: Commercial Bank of Kuwait announced net profit of KD 25.4 million for the nine months period of 2015 compared with KD …

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KSE retreats 11.51 pts amid uptick in volume – Americana gains 20 fils; Humansoft tumbles

KUWAIT CITY, Oct 21: Kuwait stocks retreated on Wednesday snapping the three-day advance. The key gauge slipped 11.51 points to 5,793.41 pts in lackluster trade …

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Why optimism about the American economy’s strength has ‘dimmed’ – Overseas pressures

WASHINGTON, Oct 21, (AP): Consumers, fueled by job growth, cheaper gas and higher home values, would drive the US economy through a global slump. That …

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Kuwait Airways eyes profit in 2-3 years – Airlines seek to cut costs, improve efficiency

DUBAI, Oct 20, (RTRS): Kuwait Airways expects to make a profit within the next two to three years, its chief executive said on Tuesday, as …

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Kuwait consumer sector remains robust, says report – Employment among Kuwaiti nationals picks up slightly over last 12 months

KUWAIT CITY, Oct 20: The consumer sector continued to grow more rapidly than the rest of Kuwait’s economy despite some slowdown in growth. Household debt …

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Demand puts Ferrari on pole for Wall St debut – IPO first step in complete spin-off process

ROME, Oct 20, (AFP): Ferrari makes its stock market debut on Wall Street on Wednesday with owner Fiat Chrysler hopeful the luxury sports car maker …

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KSE extends advance with 20.55 pts gain – NBK climbs 10 fils; Zain flat

KUWAIT CITY, Oct 20: Kuwait stocks headed north Tuesday extending the gains to third consecutive session. The price index gained 20.55 points in choppy trade …

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