economy

US death toll from Hurricane Zeta rises to six, millions without power
World

US death toll from Hurricane Zeta rises to six, millions without power

(Reuters) – At least six people were killed in the southeast of the United States and more than two million…
Kuwait says supports any OPEC+ supply decision as 2021 curbs loom
Middle East

Kuwait says supports any OPEC+ supply decision as 2021 curbs loom

DUBAI/BAGHDAD/LONDON (Reuters) – Kuwait said on Thursday it would support any decision made by OPEC and its allies on future…
US economy grew at 33 percent rate in Q3 but recovery is incomplete
World

US economy grew at 33 percent rate in Q3 but recovery is incomplete

WASHINGTON (AP) — The US economy grew at a sizzling 33.1 percent annual rate in the July-September quarter — by…
Gold prices decline in Egyptian market, 21-karat at LE 830
Business

Gold prices decline in Egyptian market, 21-karat at LE 830

Gold prices declined in Egypt on Monday, as the price of 21-karat gold (the market’s highest selling gold) fell by…
Chevron bets on Middle East gas riches and reconciliation
Middle East

Chevron bets on Middle East gas riches and reconciliation

HOUSTON/LONDON (Reuters) – After years of focusing on US shale, Chevron Corp CVX.N is staking its natural gas future on the Middle…
Kuwait retail co-ops remove French products over Prophet cartoon
Middle East

Kuwait retail co-ops remove French products over Prophet cartoon

KUWAIT/PARIS (Reuters) – Kuwait’s retail co-ops have pulled French products in boycott over the use of cartoons of the Prophet…
Bloated public salaries at heart of Iraq’s economic woes
Middle East

Bloated public salaries at heart of Iraq’s economic woes

BAGHDAD (AP) — Long-time Iraqi civil servant Qusay Abdul-Amma panicked when his monthly salary was delayed. Days of waiting turned…
Photographer helps laid-off expats bid goodbye to Dubai
Middle East

Photographer helps laid-off expats bid goodbye to Dubai

DUBAI, United Arab Emirates (AP) — When the coronavirus pummeled Dubai this spring, the maternity and wedding shoots and all…
GERD construction may stall because of financial problems: former minister
Egypt

GERD construction may stall because of financial problems: former minister

The construction of the Grand Ethiopian Renaissance Dam (GERD) may stall, as the Italian companies that are set to build…
Qatar Airways expects to keep A380s parked for years
Middle East

Qatar Airways expects to keep A380s parked for years

DUBAI (Reuters) – Qatar Airways does not expect to use its Airbus A380s for at least the next two years, its…
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