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France Records Hottest Day Ever Amid European Heat Wave

Abu dhabi: France recorded its hottest day ever on Tuesday as an early heat wave gripped Europe, prompting the Eiffel Tower and the Louvre museum to restrict visiting hours and disrupting school and transportation schedules in multiple countries.

Ac…

Oil Prices Fall to Near Four-Month Low

Abu dhabi: Oil prices fell on Wednesday extending this week’s losses and trading near four-month lows hit in the previous session. Brent crude futures were down 37 cents, or 0.5 percent, at $76.71 a barrel as of 0043 GMT, and US West Texas Intermediat…

US Stocks Close Lower as Technology Shares Tumble

New york: US stock indexes closed lower on Tuesday, led by a sharp decline in technology shares, with the Nasdaq Composite falling 579 points, or 2.21 percent, to close at 25,587.

According to Emirates News Agency, shares of major technology compani…

Oil Prices Fall About 1% at Settlement

Dubai: Oil prices fell by about 1 percent at settlement on Tuesday, extending losses as markets assessed supply and demand fundamentals. Brent crude futures declined 82 cents, or 1.1 percent, to settle at US$77.08 per barrel, while US West Texas Inter…

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