“No fireworks” at NAFTA talks, but few signs of progress

  • MEXICO CITY: Negotiations in Mexico to update NAFTA have not made much progress on tough US demands that could sink the 1994 trade pact, but the current round of talks are progressing with civility, some participants said on Saturday....
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‘Worst is over’: Pakistani stocks projected to hit historic high in 2022, analysts say

  • KARACHI: With one of the "worst" years over, the benchmark KSE-100 index of the Pakistani stock market is projected to hit a historic level of 55,000 points in 2022 on the back of macroeconomic stability, Pakistani equity traders and analysts say. The KSE-100 index made history when it crosse...
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‘Worst is over’ as oil stages a comeback

  • DUBAI: Oil markets breathed a sigh of relief on Tuesday amid tentative signs that the global glut of crude was being drained.  Brent crude, the Middle East benchmark, traded above $30 a barrel for the first time since the middle of last month. It rose by $3.77, or 13.9 percent, to c...
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‘Worst is over’ as oil stages a comeback

  • DUBAI: Oil markets breathed a sigh of relief on Tuesday amid tentative signs that the global glut of crude was being drained.  Brent crude, the Middle East benchmark, traded above $30 a barrel for the first time since the middle of last month. It rose by $3.77, or 13.9 percent, to c...
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‘Worse than 9/11’: Coronavirus threatens global airline industry

  • NEW YORK: Fears of massive bankruptcies and calls for emergency bailouts swept global airlines Tuesday as a top US official warned the coronavirus crisis threatens the industry even more than the September 11 attacks, which saw US airspace shut down entirely.  Italy moved to take over ins...
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‘We have great admiration for our Saudi partners’ says UK envoy to Riyadh

  • RIYADH: British ambassador to Saudi Arabia Neil Crompton has praised the Kingdom for helping the world to move forward from the coronavirus pandemic during its G20 presidency. In an exclusive interview with Arab News the British envoy said: “I believe that the Riyadh Summit will be a ver...
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‘Unequal’ recovery: Luxury-home sales thrive in US

  • NEW YORK: Million-dollar homes in the US are selling at double their historical average while middle-class property demand stumbles, showing that the housing recovery is mirroring America’s wealth divide....
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‘Uber of private jets’ sees steep rise in demand for KSA

  • RIYADH: XO, an on-demand private aviation firm, reported a 298 percent year-on-year increase in membership during the first quarter of 2021, boosted by a “steep rise” in demand for flights within Saudi Arabia. XO has taken the Uber business model approach and adapted it to private jets, allow...
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‘This is our time to shine, dream big and be creative’: Saudi women reveal how Vision 2030 is helping their careers

  • Young Rana Abdullah Zumai began a career in managing tailoring and embroidery plants ahead of many Saudi Arabian women. “One of the challenges I faced is that I started leading factories in 2013 when women would never lead companies,” said Zumai, explaining the hardships s...
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‘This is huge’ — Locust swarms destroy African crops

  • KATITIKA, Kenya: The hum of millions of locusts on the move is broken by the screams of farmers and the clanging of pots and pans. But their noise-making does little to stop the voracious insects from feasting on their crops in this rural community. The worst outbreak of desert locusts in Ken...
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