Business

UK trade deficit narrows down to nearly USD 21 bln – data

Britain posted a sharp drop in its overall trade deficit in May by some USD 2.96 billion, lowering the figure down to nearly USD 21 billion, government data showed on Thursday.

Britain’s exports had risen in April to some USD 38.1 billion, while impo…

Japan, Arab ministers vow further economic cooperation

Japan and Arab ministers agreed, Thursday, to enhance their cooperation in various areas to benefit the development of all parties involved, said the the fifth Japan-Arab Economic Forum.

The fields of interest included industrial development, energy …

Oil prices record an increase upon settlement

Oil prices rose upon settlement at the close of trading today, Wednesday, in light of the decline in stocks of crude oil, gasoline, and distillates in the United States of America.

Brent crude futures rose by 70 cents, or 0.86 %, to reach $81.71 per …