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New mega-refinery helps Kuwait to record capacity: minister
New mega-refinery helps Kuwait to record capacity: minister
Business and Economy
by  AFP

Kuwait said Wednesday its refining capacity had reached a record 1.8 million barrels per day as it inaugurated one of the region's biggest refineries which started operating at full capacity in recent months. It was officially inaugurated on Wednesday, months after its output reached full capacity of 615,000 bpd.

Why UK major firms are facing takeover attempts?
Why UK major firms are facing takeover attempts?
Business and Economy
by  AFP

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids. However, US private equity firm Thoma Bravo has struck a deal to buy cyber security company Darktrace for $5.3 billion in cash.