U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. Elizabeth Frantz | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international … Read more
DUBAI, United Arab Emirates — Kuwait said Saturday it will hold elections for its national assembly on April 4, its latest round of voting after years of political turmoil. The state-run KUNA news agency made the announcement, citing a decree published by the oil-rich country’s official gazette. In February, Kuwait’s emir dissolved parliament after a … Read more
Comment on this storyCommentAdd to your saved storiesSave The emir of Kuwait, Sheikh Nawaf Al Ahmad Al Sabah, who led the oil-rich nation for the past three years in a low-key reign focused on trying to resolve internal political disputes, died Dec. 16. He was 86. Kuwait state television broke into programming with Quranic verses … Read more
Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, leader of the Gulf Nation of Kuwait, died aged 86 on Saturday, Kuwait state television announced. The emir of the oil-rich country, sandwiched between Saudi Arabia and Iraq, had ruled for three years. Sheikh Mohammed Abdullah Al-Sabah, the minister of the Emiri Court, announced the leader’s death in a statement … Read more
Processing towers stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil prices are expected to rise in the new year after some OPEC+ oil producers voluntarily pledged to cut output. The oil cartel on Thursday released a statement that did … Read more
The filmmakers behind Australian horror movie Discuss to Me have issued a joint assertion in solidarity with actor Zoe Terakes, following the movie’s ban by censors in Kuwait over their casting. As reported by The Hollywood Reporter, movie manufacturing firm Causeway Movies and impartial film finance agency Bankside Movies shared a united message of assist … Read more