LONDON, Oil prices tumbled Thursday on reports that the United States is considering tapping its reserves to combat a supply crisis sparked by the Ukraine war. However, equities struggled to build on the week’s rally after Russia poured cold water on …
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Oil falls on Russia-Ukraine peace talk hopes, China’s fuel demand fears following covid shutdown
LONDON, US crude futures fell on Tuesday, extending losses from the previous day as Ukraine and Russia headed for peace talks and on fears of a drop in fuel demand in China after the financial hub of Shanghai shut down to curb a surge in COVID-19 cases…
Read moreSouth Africa confident of R1.2 trillion investment achievement
JOHANNESBURG, The South African Cabinet has expressed confidence that this year’s SA Investment Conference (SAIC) will build on the country’s investment tally, as part of the nation’s drive to attract R1.2 trillion in investment over five years. Govern…
Read moreApple TV+ makes history as first streamer to win best picture Oscar
California, Apple TV+ made history as the first streaming service to win a best picture Oscar for “CODA,” a heartwarming drama about the daughter of deaf parents who pursues her passion for music. The streaming service purchased “CODA” for a record $25…
Read moreAmerican Weekly Jobless Claims at Lowest Level since 1969
WASHINGTON — The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength in the midst of rising costs and an ongoing virus pandemic.Jobless claims fell by 2…
Read moreThere’s no ‘peace’ in Kushner’s Nobel prize nomination
Published by Al-Araby For the second time, President Trump’s son-in-law and former advisor, Jared Kushner, has been nominated for the Nobel Peace Prize for brokering the 2020 Abraham Accords between […]
Read moreUSAID announces an additional $12.8 million in assistance to Malawi
The U.S. Government, through the United States Agency for International Development (USAID), has announced an additional $12.8 million in assistance for Malawi to tackle food insecurity, strengthen anti-corruption efforts and respond to Tropical Cyclon…
Read moreFinancial Intelligence Directorate takes part in a workshop
Manama, The Financial Intelligence Directorate at the Interior Ministry has participated in a workshop entitled “Fighting Money laundering in the 21st Century”, hosted in Bahrain by the US Department of Justice. The event attracted 100 representatives…
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