Business

Pres. Trump Plans 100% Tariff on Chips and Semiconductors

Washington: President Donald J. Trump announced plans to implement a substantial tariff on chips and semiconductors unless their manufacturers increase their investment within the United States. The announcement was made during a speech at the White H…

Trump Applauds Apple’s USD 600 Billion Investment Announcement

Washington: US President Donald J. Trump welcomed Apple’s announcement that it would invest USD 600 billion in the United States over the next four years. The figure is “USD 100 billion more than they were originally going to invest,” he told reporter…

Euro Area Annual Inflation Steady at 2 Percent in July

Brussels: The European Statistical Office (Eurostat) announced that the annual inflation rate in the euro area remained stable at 2 percent in July 2025, maintaining the same level recorded in June, based on preliminary estimates provided by the offic…

Germany’s DAX Rises After EU-US Trade Agreement

Kuwait city: Germany’s main stock index, the DAX, rose significantly on Monday, influenced by the trade agreement reached between the European Union (EU) and the US Sunday.

According to Kuwait News Agency, trading opened with the DAX up around 0.9 p…