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Europe shares recover from two-month low

Media IN / Milano 14-05-2019 European shares rebounded in early trade on Monday after hitting a two-month low the day before as comments from Washington and Beijing overnight helped ease investor fears of a worsening trade dispute. By 0736 GMT, the Stoxx 600 European index rose 0.6 percent after falling …

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The decline in US stocks affects oil prices

Media In\ New York 13-05-2019 Oil futures fell today as US stocks tumbled as the negative sentiment in the US-China trade talks caused investors to worry, who pushed oil up in early trade on fears of supply disruption after reports of sabotage attacks on tankers in the Middle East. Brent …

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OPEC daily basket price announced for Monday

Media IN VIENNA, 14th May, 2019 The price of OPEC basket of fourteen crudes stood at US$71.21 a barrel on Monday, 13th May, compared with US$70.66 the previous Friday, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and …

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Japanese stock index closes at 3-month low

Media iN / Tokyo 14-05-2019 Japan’s Nikkei fell to a three-month low on Thursday as investor sentiment received a fresh blow after China challenged Washington to declare retaliatory tariffs, pushing most sectors down. The Nikkei ended the session down 0.59% at 2,1067.23 points, after falling to 20,751.45, the lowest since …

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New routes added by Gulf Air

Media IN Manama, May 14 2019: Gulf Air  is reinforcing a balance between the Eastern and the Western routes, the airline is expecting two more planes this summer to bolster its existing and upcoming frequencies. Gulf Air’s Chief Executive Officer,said there has been a focus on bolstering the airliner’s capacity, …

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Russia’s Gold Reserves shoot up in Q1 2019

Media IN Moscow, 14-05-2019 Russia’s gold reserve rose by 17.8 tons in March to 2168.3 tons compared to last year, reaching almost 2112 tons, the World Gold Council said in its may report. Russia is ranked fifth  in the world with reserves of precious metal and topped the third quarter …

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US stocks start trading lower

Media IN New York, May 14 2019 Major US stock indexes fell on Tuesday. The Dow Jones industrial fell 374.31 points, or 1.44 percent, to 2,558.06. The standard and poor’s 500 index shed 41.21 points, or 1.43 percent, to 2,840.9. The NASDAQ composite Index shed 196.87 points, or 2.49 percent, …

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Experts urge all countries to ensure Maritime safety

Media IN Abu-Dhabi, 14th May, 2019 The Assistant International Law Professor at the Law School of UAEU, pointed out that international law guarantees the freedom and safety of maritime navigation and punishes violators and attacking commercial ships is a crime according to international law. The Dean of the Law School …

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