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.... Více
According to a senior Chinese trade official, the concerns regarding the deal between the United... Více
The Eurozone core inflation reached a four-year high this July. This has been the highest level... Více
The manufacturing Purchasing Managers' Index for the month of July was at 51.4 less than the... Více
Both money markets and economists deemed that the time where the interest rates stimulate or... Více
The U.S. gasoline futures rallied that resulted to an increase in gains this week following the... Více
Japan’s household expenditure in the previous month accelerated most in 2015 since the available j... Více
The U.S. Federal Reserve reduced its bond holdings for the year and began to narrow down its 2.3... Více
The British economy was able to accelerate slightly during the second quarter after a lackluster... Více
China opens the access to capital markets for various types of investors as announced by China's... Více
German firms are preparing for a bountiful period on the back of a slackening summer... Více
The growth forecast of South Korea for 2017 was changed on Tuesday pledged to maintain an... Více
The International Monetary Fund downgraded its growth outlook for the United States due to concerns... Více
Development in the Information Technology sector and rising adaptability of the labor market in the... Více
One of the top central banks stated that the interest rates of the Reserve Bank of Australia will... Více
According to the latest reading on the strength of the UK consumer, it shows an optimistic stance.... Více
There is a big expectation for major central banks not to implement easing of monetary policy... Více
The Japanese government maintains its basic evaluation on domestic economy indicated in the monthly... Více
The European Central Bank is in the process of curbing inflation to attain the two percent... Více
The head of European Central Bank (ECB), Mario Draghi is possible to make a soft step since the ECB... Více
The U.S. Federal Reserve intends to curtail its balance sheet estimated $4 trillion or more in... Více
The British economy is expected to slow down this year, following its slowest pace since 2012... Více
China’s economy improved greater than anticipated for the second quarter at a faster pace since b... Více
Singapore’s export data upsurge more than anticipated at 8.2 percent in June compared to the p... Více
Fed Chair Janet Yellen said on Thursday that the 3 percent target of the current administration of... Více
The economy of Singapore rose for the second quarter as it narrowly missed the recession as the... Více
The Switzerland’s private financial institution Falcon now stores and trade bitcoins through their c... Více
The South Korea’s central bank kept its base rate steady, for the 13th consecutive month on T... Více
In Argentina, consumer prices climbed to 1.2 percent for the month of June according to the... Více
The industrial production of Italy had rebounded in May which gives hints that the growth of the... Více
The U.S. dollar against the Japanese yen reached a four-month high while both the bonds and the... Více
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