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Oil Prices Fall by Over 2 Percent Amid Ceasefire Expectations

Dubai: Oil prices fell by more than 2 percent at settlement Wednesday, recovering some of the heavy losses incurred earlier in the session, amid expectations of a possible ceasefire that could ease supply disruptions in the Middle East. Brent crude fu…

OECD Lowers Eurozone Growth Forecast

Doha: The Organization for Economic Co-operation and Development (OECD) announced Thursday that it has lowered its growth forecast for the Eurozone to 0.8 percent and predicted higher inflation this year, following a sharp rise in energy prices caused…

Magnitude 4.9 Earthquake Strikes Northern Greece

Karya: An earthquake measuring 4.9 on the Richter scale struck on Thursday in northern Greece, causing significant damage to buildings on Mount Athos. The quake occurred 11 kilometers northwest of the city of Karya, at a depth of 10.6 kilometers, lead…