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