Category: Industry

Kuwait Oil Price Down 56 Cents

The price of Kuwaiti oil went down 56 cents to reach $79.92 per barrel on Thursday, compared to $80.48 pb the day before, according to Kuwait Petroleum Corporation (KPC) on Friday.

On the global scale, the Brent crude futures’ contracts went up $1.28…

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Dollar Rises against Yen on Firm US Economic Data

The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers in four weeks as firm US economic data all but eliminated fears of a recession.

The greenback had been given an extra boost agains…

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UK Economy Grows by 0.6 Percent in Q2 2024

The United Kingdom’s (UK) economy grew by 0.6 percent in the second quarter (Q2) of 2024, after the recession recorded in the second half of 2023.

UK’s Office for National Statistics (ONS) said on Thursday that the level of gross domestic product (GD…

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