(Bloomberg) — Gold advanced, trimming a weekly loss as traders raised bets on monetary easing following a weak US jobs report. US employers unexpectedly cut jobs in February and the unemployment rate rose, pointing to lingering fragility in a labor market that was thought to be stabilizing. Traders slightly boosted bets on Federal Reserve rate…
(Repeats SCHEDULED COLUMN originally published on March 6, no changes) * Oil prices in focus as Brent crude tops $90 a barrel * CPI on Wednesday to give February inflation view * Weak jobs report for February also weighs on stocks * VIX volatility index hits highest level since April 2025 NEW YORK, March 6…
United Arab Emirates President Mohamed bin Zayed Al Nahyan has said the country is now “in a time of war” in his first public remarks since the regional conflict involving Iran escalated across the Gulf and the Middle East. In a strongly worded message, the Emirati leader stressed that the UAE remains resilient and prepared…
Actor Vivek Oberoi recently expressed gratitude to the United Arab Emirates leadership, the frontline heroes and to Emirates airline over his safe return to Dubai from Mumbai. In a video message, he acknowledged the pivotal role played by the UAE authorities in reuniting him with his family during a time when Middle East conflict disrupted…
Amid the ongoing Middle East conflict, US President Donald Trump on Friday issued a stern warning to the Iranian Revolutionary Guard that talks with Iran were unlikely unless the country accepted unconditional surrender, warning that continued opposition would result in further deaths, as reported by The New York Post. “And I am once again, calling…
US stock benchmarks declined on Friday as the raging conflict in the West Asia threatened to fuel inflation on rising energy costs. Weak jobs data for February also dampened the investor sentiments. At the opening bell, the Dow Jones Industrial Average fell 320.2 points, or 0.67%, to 47,634.55. The S&P 500 fell 61.7 points, or…
A barrage of Iranian missiles and drones targeted at least five countries across the Middle East, prompting several governments to urge their citizens to take shelter, while Israel carried out a 12th wave of airstrikes on Tehran and the US suspended operations at its embassy in Kuwait. As the seventh day of the Iran War…
Prosperous Gulf monarchies are encountering their most severe food security obstacles since the 2008 international food emergency, as the Iranian war endangers maritime hubs and hampers transit through the Strait of Hormuz. This middle east conflict is evaluating tactics implemented after 2008, when skyrocketing food costs drove Gulf states to pivot toward import-heavy frameworks centered…
* TSX ends down 1% at 33,609.97 * Posts its lowest closing level since February 19 * Materials group drops 3.9% as gold falls * Canadian Natural Resources rises 2.9% after earnings beat (Updates at market close) March 5 (Reuters) – Canada’s main stock index fell to a two-week low on Thursday, with high-flying metal…
An Iranian missile strike ignited a fire at Bahrain’s state-operated oil refinery on Thursday, which was subsequently extinguished, the Gulf nation’s communications department reported. The facility, managed by Bahrain’s national petroleum firm Bapco, is situated on the island of Sitra along Bahrain’s eastern shoreline, south of the capital, Manama. “A fire broke out at a…
