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Business

JAL six month profit soars

TOKYO, Oct 30, (AFP): Japan Airlines said Friday its six-month net profit soared nearly 29 percent, after rival All Nippon Airways also posted upbeat results …

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OPEC October crude oil output declines led by Saudi and Iraq – Oil glut to offset waning US production

LONDON, Oct 30, (RTRS): OPEC oil output has fallen in October from the previous month, a Reuters survey found on Friday, as declines in top …

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China signs giant Airbus deal as Merkel visits – Deal valued at $9.7 billion

BEIJING, Oct 30, (AFP): China inked a giant aircraft contract with European manufacturer Airbus Thursday, as German Chancellor Angela Merkel began a visit with European …

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US consumer sentiment ‘improved’ in October

WASHINGTON, Oct 30, (AP): Americans are feeling more confident this month, a good sign for an economy driven by consumer spending, according to a University …

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Kuwait oil up

Kuwait oil price rose $1.51 to $42.52 per barrel in Thursday’s trades from $41.01 pb on Wednesday, Kuwait Petroleum Corporation said on Friday. In the …

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Economy shrinks first time since ’2010 – GDP down 1.6% in 2014

KUWAIT CITY, Oct 29, (AFP): Kuwait’s economy contracted last year for the first time since 2010 as the country suffered the consequences of the global …

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Kuwait considers petrol price increase of up to 90%: report

KUWAIT CITY, Oct 28: The Kuwaiti government has formed a special committee to study the possibility of increasing petrol prices by 70 percent to 90 …

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iPhone sales fuel Apple profit boost – Company’s most successful year over: Cook

SAN FRANCISCO, Oct 28, (AFP): Apple said Tuesday that surging iPhone sales helped propel a sharp rise in quarterly profits, as the tech giant delivered …

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American Business Council of Kuwait holds ’versary gala – Organisation celebrates 30 years of existence

KUWAIT CITY, Oct 28: The American Business Council of Kuwait (ABCK) held its 30th Anniversary Gala on Tuesday at the Al Hashemi Ballroom, Radisson Blu …

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Kuwait ease-of-business up: WB – Rankings rise

KUWAIT CITY, Oct 28, (Agencies): Kuwait Direct Investment Promotion Authority (KDIPA) said on Wednesday that World Bank Group report on Doing Business for 2016 showed …

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