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Oil prices rise to more than $82

Baghdad Oil prices rose by about two percent, today, Friday, to continue their rise in the new year, due to the increasing unrest in oil-producing Kazakhstan and a member of the OPEC + bloc, in addition to the interruption of supplies from Libya.Brent …

Asian shares mostly higher after tech-led decline on Wall St

Bangkok, Asian markets mostly gained on Friday after more declines in big technology stocks pulled major indexes lower on Wall Street. Tokyo and Taiwan slipped but other regional markets advanced. U.S. futures also were higher, said an AP report. A res…

Samsung sees about 52-per-cent rise in Q4 operating profit

Seoul, Samsung Electronics expects that its fourth-quarter operating profit will rise about 52.49 per cent from last year, reflecting solid demand for server memory chips and higher margins. The company projects quarterly sales will increase 23.48 per …

Gulf Air receives Skytrax five-star COVID-19 Airline Safety Rating

Manama, Gulf Air, the national carrier of the Kingdom of Bahrain, has received the Skytrax Five Star COVID-19 Airline Safety Rating after a vigorous audit by Skytrax Research that took place between November and December 2021. The rating comes as a tes…

Chinese factory activity edges higher in December

Beijing, Chinese factory activity edged higher in December as supply disruptions eased and export demand weakened, a survey showed Friday. The monthly purchasing managers’ index issued by the national statistics agency and an industry group gained to 5…