Switzerland’s largest bank (UBS) has reported better-than-expected second-quarter profits, with net profit reaching $1.14 billion for the period from April to June, compared to analysts’ expectations of $528 million. These are the first results since …
Oil prices fell on Wednesday after a report showed an unexpected rise in US crude inventories, while concerns about a possible widening conflict in the Middle East on production eased slightly.
Brent crude futures fell 41 cents, or 0.5 %, to $80.28 …
The Reserve Bank of New Zealand (RBNZ) cut its main interest rate Wednesday by 25 basis points to 5.25 percent in first easing move since March 2020.
RBNZ indicated progress in reducing inflation to the target range of 1 to 3 percent annually, expect…
Turkish Minister of Customs and Trade, Omer Bolat, held a virtual conversation, on Wednesday, with UK Secretary of State for Business and Trade, Jonathan Reynolds, to discuss avenues for enhancing trade relations between the two countries.
Turkish An…
The US Department of Labor has announced that consumer prices in the United States rose last July.
The ministry explained, in a statement today, that the consumer price index rose last month by 0.2 percent annually after declining by 0.1 percent last…
Doha: The net profits of Qatar Insurance Group (a Qatari public shareholding company) increased by 11 percent in the first half of 2024 to reach QAR 360 million, compared to QAR 325 million for the same period of the previous year.
Data issued by the…
Oil prices climbed on Wednesday after an industry report showed US crude and gasoline inventories fell, as the market watched for a possible escalation of conflict in the Middle East, which may impact global oil supplies.
Brent crude futures rose 56 …
China-Africa trade saw steady growth in the first seven months of 2024.
China’s General Administration of Customs (GACC) revealed that trade between China and Africa rose 5.5 percent year-over-year (YOY) to CNY 1.19 trillion (about USD 166.6 billion)…
Syrian sources announced that the sound of explosions in Deir Ezzor is caused by US artillery shelling of the Conoco gas field towards the positions of militants in the area.
Source: National Iraqi News Agency