Oil Prices Rise at US Market Close

Oil prices rose at settlement at the end of Wednesday’s trading, following the announcement of a decline in crude oil and gasoline inventories in the US last week.

Brent crude futures rose by 42 cents, or 0.5 percent, to reach $85.08 per barrel upon …

European Stocks Close Higher

European stocks closed higher at the end of Tuesday’s trading , as global markets remained optimistic about the possibility of the Federal Reserve (the US central bank) cutting interest rates at a significant pace.

The European Stoxx 600 index closed…

Muscat Stock Exchange Closes Higher

Muscat: The Muscat Stock Exchange (MSX) general index (30) closed Wednesday at 4,692,65 points, up by 2.8 points, or 0.06 percent, compared to the last trading session, which closed at 4,689,88 points.

The trading value reached OMR 1,283,000, a decre…

AFC Concludes Workshop for VAR Information Officials

The Asian Football Confederation (AFC) concluded Thursday the two-day VAR Information Technology Officials Workshop, with actual attendance for the first time.

The AFC is preparing to implement the Video Assistant Referee (VAR) system in all club com…

Sterling Rises Against Dollar to One-Month High

The pound sterling rose against the dollar Thursday, against the backdrop of receding expectations for an August rate cut from the Bank of England.

The dollar fell a touch although moves were largely subdued ahead of a US inflation report due later i…