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Business

Insurance stocks safe haven for investors at KSE – experts – Disparity of sector’s stocks performance ‘limited’

KUWAIT CITY, Oct 18, (KUNA): For financial analysts, insurance shares listed at the Kuwait Stock Exchange (KSE) offer a safe haven for investors in the …

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Saudi crude oil exports fall in August to 6.998 mln bpd – World’s biggest oil exporter trims its production

DUBAI, Oct 18, (RTRS): Saudi Arabia’s crude oil exports fell by 278,000 barrels per day in August, despite historically high wellhead production, while volumes of …

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German union boss warns of downward pressure on wages

A record inflow of refugees to Germany should not be used as an excuse for driving down wages, the head of the powerful trade union …

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Air France to go ahead with job cuts

PARIS, Oct 18, (AFP): Air France will go ahead and cut hundreds of jobs as planned next year under the first part of a restructuring …

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Final US Airways flight completes journey, lands in Philly

The final US Airways flight has landed in Philadelphia, completing the last leg of its round-trip journey. The Airbus A321 landed at Philadelphia International Airport at …

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Finally, Kuwait’s fourth oil refinery on stream – Govt’s oil policy based on clear vision

AFTER waiting for more than ten years and obtaining all necessary approvals, Kuwait has finally signed the contract worth $15 billion for building Al-Zour Refinery …

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Iran govt proposes economic stimulus to fend off recession – Inflation slows

DUBAI, Oct 17, (RTRS): Iran’s government announced proposals on Saturday to cut interest rates and encourage banks to lend, state television reported, in an effort …

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VW mulls cutting temporary workers – Automaker hires anti-corruption exec as it deals with scandal

BERLIN, Oct 17, (Agencies): Volkswagen is considering a reduction in temporary workers as part of efforts to offset the cost of the emissions scandal, the …

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Russian hackers breached Dow Jones for trading tips – Breach for more serious than lower-grade intrusion: Bloomberg

NEW YORK, Oct 17, (RTRS): Russian hackers had infiltrated Dow Jones & Co to steal information to trade on before it was made public, and …

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‘Fewer than 10’ targeted in VW probe: prosecutors – Daimler compliance manager to help tackle scandal

FRANKFURT, Oct 16, (Agencies): German prosecutors said Friday they had identified fewer than 10 suspects in the massive pollution-cheating scandal that has engulfed Volkswagen, as …

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