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US Stock Market Indices Surge as Trading Ends

Doha: The main indices on the US Wall Street stock exchange closed higher at the end of trading today.

According to Qatar News Agency, the Standard and Poor’s 500 index closed up 124.60 points, or 1.70 percent, reaching 7440.75. Meanwhile, the Nasdaq…

Hungary Faces Nuclear Power Shutdown Amidst Danube Water Crisis

Doha: Hungary is preparing to shut down its only nuclear power plant for the first time in its 44-year history as record-low water levels in the Danube River disrupt cooling operations, authorities said today.

According to Qatar News Agency, the cou…

Gold Prices Edge Lower in Global Markets

Doha: Gold prices edged lower in Asian spot trading on Friday as investors awaited further market developments while assessing inflation indicators and the outlook for interest rates. Spot gold fell 0.2 percent to $4,096.29 an ounce, but remained on t…

Oil Prices Drop Over 1 USD Amid Middle East Tensions

Doha: Oil prices declined on Friday as markets awaited developments in the Middle East and the escalating tensions between the United States and Iran. Brent crude futures fell $1.03, or 1.2 percent, to $88 a barrel. West Texas Intermediate (WTI) crude…