Business

Oil Prices Down After China Reports Subdued GDP Growth

Crude oil declined in early trade on Tuesday, after China reported subdued GDP growth in 2024.

Global crude benchmark Brent was down 0.67 to $84.28 per barrel.

The US West Texas Intermediate (WTI) crude was trading at $81.32 per barrel, lower by 0.7…

Oil Prices Drop Over 1%

Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.

Brent crude futu…

MEEZA Partners with US AMD on Artificial Intelligence

Doha: MEEZA, Qatars leading managed IT services and data centers provider, has announced a strategic cooperation agreement with the advanced Micro Devices, Inc. American multinational corporation AMD, a global leader in high-performance computing and …

South Korea’s Auto Exports Rise in First Half of 2024

South Korea’s car exports hit a fresh high in the first half of 2024, data showed Tuesday, amid growing global demand for hybrid models.

The combined value of car shipments reached US$37 billion in the January-June period, up 3.8 % from a year earlie…