Business

QIA Boosts Stake in RWE with Significant Investment

Qatar investment authority: Qatar Investment Authority (QIA) announced it will invest EUR 432 million as a cornerstone investor in RWE’s c. EUR 4 billion equity capital raise. RWE is Germany’s largest power generation company and one of the leading re…

Gold Rebounds From Over One-Week Low Amidst US-Iran Peace Talks

Gold: Gold rebounded from a more than one-week low on Monday as oil prices fell on signs of progress in US-Iran peace talks, though expectations of higher interest rates after hawkish Federal Reserve signals weighed on the metal’s outlook.

According…

Oil Prices Dip as US-Iran Talks Conclude in Switzerland

Geneva: Oil prices slid on Monday following the conclusion of US-Iran talks in Switzerland.

According to Qatar News Agency, Brent crude experienced a decrease of $1.53, or 1.90%, settling at $79.04 a barrel. This decline came after an initial rise t…