Photo used for illustrative purpose.
Global equity benchmarks and oil prices drifted lower on Tuesday while safe haven assets gained as an extended economic lockdown in Germany and US and European sanctions on China curbed risk appetite worldwide.
Brent crude futures rose 38 cents, or 0.7%, to $51.58 a barrel by 05:30 GMT while US West Texas Intermediate (WTI) crude futures increased 31 cents, or 0.6%, to $48.43.
Brent crude futures dropped 38 cents, or 0.6%, to $65.73 a barrel by 05:07 GMT while US West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.5%, at $61.83 a barrel.
Executives from the crypto sector have descended on the annual gathering of business leaders and politicians in the Swiss Alpine resort, seeking to encourage faster adoption of their technology, which is largely unregulated.
President Joe Biden tended to both business and security interests on Sunday as he wraps up a three-day visit to South Korea, showcasing Hyundai’s pledge to invest at least $10 billion
The residential property prices in Dubai continued to increase at a steady pace as the sector recorded a year-on-year average increase of around 11.5 per cent in first quarter this year