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The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID low and a hopeful sign that layoffs are easing as the economy recovers from...
Gulf Today Report Oil prices steadied on Thursday following the International Energy Agency (IEA) and OPEC predictions for oil demand as economies rebound from the pandemic. Brent crude was...
Gulf Today Report Gold prices soared on Thursday as investors await US weekly jobless data and March retail sales data. Spot gold was up 0.2% at $1,740.04 per ounce...
Goldman Sachs Group Inc on Wednesday easily beat Wall Street expectations for first-quarter profit, as the US investment bank capitalized on record levels of global dealmaking activity and a coronavirus-driven...
British workers’ average hourly output rose by 0.4 per cent last year, despite a fall of nearly 10 per cent in total production due to the coronavirus pandemic, as lower-paid...
Gulf Today Report Global stock recorded gains on Wednesday as bond yields decline following data indicating the slow pace of US inflation as the economy re-opens. Asian and European...
Gulf Today Report Oil soared on Wednesday following data indicating a drop in US inventories and OPEC raising its outlook for oil demand. Brent crude futures rose 85 cents,...
Gulf Today Report Gold prices dropped on Wednesday as Treasury yields remain firm and the dollar declines due to higher inflation. Spot gold was flat $1,743.01 per ounce by...
Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), on Tuesday announced the acquisition of two additional Very Large Crude...
Pakistan’s exports of goods and services to Germany has witnessed an increase of 8.79 percent during the eight months of financial year (2020-21) as compared to the corresponding period of...
