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Category: Industry

European Stocks Head for Best Week in More than a Month

Geneva: European stocks are on track for its biggest weekly gain in more than a month as they record a new all-time high today. European equities were buoyed by scaled-back expectations of a near-term increase in U.S. interest rates.

According to Qa…

Oil Prices Edge Higher in Global Markets Amid Optimism

Geneva: Oil prices edged higher in Asian trading on Friday amid cautious optimism over peace talks between the United States and Iran. Brent crude futures rose 17 cents, or 0.24 percent, to USD 72.10 a barrel, while US West Texas Intermediate (WTI) cr…

Kuwaiti Oil Price Drops to USD 68.61

Kuwait city: The price of Kuwaiti oil dropped by USD 3.32 to USD 68.61 per barrel in Thursday’s trading, compared to USD 71.93 pb in the previous session, according to figures released by the Kuwait Petroleum Corporation (KPC).

According to Qatar Ne…

Gold Advances on Easing US Rate Hike Expectations

Doha: Gold prices rose in Asian trading on Friday and were on track for their first weekly gain in five weeks, as expectations of a US interest rate hike eased. Spot gold gained 1.4 percent to USD 4,179.94 an ounce, its highest level since June 23, wh…

Dollar Steady Amid US Jobs Data Anticipation

Tokyo: The dollar held steady on Thursday as markets awaited key US non-farm payrolls data, while the yen’s slide to 40-year lows against the greenback continued to draw attention.

According to Qatar News Agency, the dollar index, which measures th…

European Stocks Close Higher Amid Strong Trading Session

Doha: European stocks closed higher at the close of trading on Thursday: European stocks closed higher at the close of trading on Thursday.

According to Qatar News Agency, the pan-European STOXX 600 index rose 9.15 points, or 1.4 percent, to close a…

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