Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Прочетете още
The Reserve bank of Australia kept their rates unchanged for nine succeeding months on Tuesday... Прочетете още
According to Steven Mnuchin, U.S Treasury Secretary, the economic growth of the United States could... Прочетете още
American consumer spending grew at a steady rate last month following an inflation surge, enabling... Прочетете още
According to Thursday’s statement from the Swedish central bank, they will limit the size of its b... Прочетете още
It seems that the European Central Bank is not so keen on loosening its grip on its current... Прочетете още
The policy for non-performing loan transfer was loosened to allow to permit lenders to sell... Прочетете още
The Bank of Japan has greater economic predictions amid its policy meeting result announced on... Прочетете още
The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following... Прочетете още
Credit Suisse bank increased its capital estimated by 4 billion Swiss francs equivalent to 4... Прочетете още
The Kingdom of Sweden seems eager to join forces with Maharashtra with regards to waste disposal,... Прочетете още
The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an... Прочетете още
The appeal of Asian stocks to investors has subsided because of political and economic risks that... Прочетете още
Based on a study issued on Monday, the Russian Federation ranked third with high expenditures on... Прочетете още
White House aides have been ordered by President Donald Trump to draft a corporate tax plan which... Прочетете още
The British economy has cooled significantly in the months of January to March this year because... Прочетете още
The first quarter data of China has come out after a solid positive gain causing a slow down in... Прочетете още
An official from the European Central Bank has offered his reassurances to a very worried EU... Прочетете още
The America works towards reducing trade barriers with Indonesia which were the focus during the... Прочетете още
The latest US jobless claims data surged after almost four weeks, signal a consistent growth in... Прочетете още
The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter... Прочетете още
Several economists are speculating that the US Federal Reserve could possibly be in for two more... Прочетете още
Sterling was in a spotlight during the Asian trading on Wednesday after Theresa May called for a... Прочетете още
The International Monetary Fund has recently increased its outlook for international growth by up... Прочетете още
Tech employers are now applying for fewer H-1B visas for skilled workers this year as compared to... Прочетете още
The U.S. Vice President Mike Pence has arrived in Tokyo Japan to meet with Prime Minister Shinzo... Прочетете още
After two consecutive years of recession, the Brazilian economy has been featuring signs of... Прочетете още
Following the Easter holiday this weekend and the benchmark increased for three successive weeks,... Прочетете още
The Turkish lira surged in value as Recep Tayyip Erdogan came out victorious in the Turkish... Прочетете още
In the first quarter of this year, the Chinese economy performed in a faster pace as it showed some... Прочетете още
Raising inflation rates is part of Bank of Japan’s options to stop its Quantitative Easing program a... Прочетете още