Business | Kuwait Times Newspaper

Electric cars waiting to be loaded onto a ship are seen stacked at the international container terminal of Taicang Port in Suzhou, in China’s eastern Jiangsu province. -- AFP

Trump could unleash nearly 40% tariffs on China in 2025: Poll

BENGALURU/BEIJING: The United States could impose nearly 40 percent tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world’s second-biggest economy by up to 1 percentage point. T...

People walk in a H&M clothing shop in New York City on November 19, 2024. -- AFP

Uncertainty clouds shopping season after mixed forecasts

NEW YORK: Retailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones to look for the best deals...

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Weyay Bank ‘Best Digital Bank in Information Security and Fraud Management in Kuwait’

KUWAIT: Weyay Bank has been recognized as the Best Digital Bank in Information Security and Fraud Management in Kuwait at Global Finance’s World’s Best Digital Bank Awards 2024, reinforcing its position as a pioneer in digital banking innovative...

WASHINGTON: A Walmart Supercenter is seen in Washington, DC.-- AFP

Walmart raises annual forecasts, after strong Q3

NEW YORK: Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores, a sign that it may be gaining market share ahead of the holiday seas...

EVERETT, United States: A Boeing 777X airplane takes off on its inaugural flight at Paine Field in Everett, Washington on January 25, 2020. -- AFP

Boeing plans to cut 2,200 jobs at historic sites

NEW YORK: The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously announced plan to cut its global workforce by 10 percent. Boeing intends to cut almost 2,200 jobs in the US state of Washington, whi...

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RIO DE JANEIRO: Leaders pose for a group photo after the first session of the G20 Leaders' Meeting on Nov 18, 2024. - AFP

Biden out of the picture as world leaders gather

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Amir, Trump reaffirm strong ties

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A Ukrainian serviceman fires a self-propelled howitzer towards Russian positions at an undisclosed location near Chasiv Yar in Donetsk region on Nov 8, 2024. - AFP

Moscow lowers nuclear threshold

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KUWAIT: Cabinet ministers, led by Acting Prime Minister Sheikh Fahad Yusuf Saud Al-Sabah (right) are seen during their weekly meeting on Tuesday. — KUNA

Cabinet approves appointments, supports violation removal efforts

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EU-GCC Business Forum to foster trade with Kuwait