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NEW YORK (Reuters) -Oil prices rose nearly 2% on Tuesday after more U.S. states eased lockdowns and the European Union sought to attract travellers, though soaring COVID-19 cases in India capped gains.
FILE PHOTO: A gas pump is seen hanging from the ceiling at a petrol station in Seoul June 27, 2011. REUTERS/Jo Yong-Hak/File Photo
Futures strengthened in post-settlement trade after American Petroleum Institute estimates of U.S. crude inventories fell more than expected, according to traders.
Brent crude futures settled at $68.88 a barrel, up$1.32, or 1.95 percent. The global benchmark continued to rise after the API data was issued, and was trading $1.80 at $69.36 a barrel by 4:40 p.m. ET. (2040 GMT)
Dubai house prices stable for three months running - first time in five years
A slew of positive indicators have emerged from the UAE real estate sector in recent days and not just in Dubai
Updated 47 min 35 sec ago
Arab News
May 04, 2021 12:38
DUBAI: Dubai property prices have now been stable for three months on the trot - the first time that has happened in five years, notes Tellimer. Visa and ownership rules have no doubt moved in the right direction and may be underpinning the stabilization in completed real estate prices in both Dubai and Abu Dhabi, the research company said in a note to clients on Tuesday.
DUBAI: It was the fight event everybody wanted to be at.
In the famous Octagon, UFC 257 reached its dramatic conclusion with American underdog Dustin Poirier stunning crowd-favorite Conor McGregor with a second round TKO.
Yes, there was a crowd, a lucky 2000 after Abu Dhabi’s newly opened Etihad Arena had welcomed back live audiences for the third edition of UFC Fight Island.
For Salem Al-Sulaimani, operations director of Flash Entertainment, the presence of fight fans back on Yas Island’s in January, after the disruptions of the COVID-19 pandemic, was a credit to all those involved in the event’s organization.
NEW YORK: The Washington Post, New York Times and NBC News all published false information regarding Rudolph Giuliani, former President Donald Trump’s personal lawyer, and his dealings in Ukraine.
The news organizations later issued corrections to stories that ran last Thursday or Friday, and took back reports that the former New York City mayor had been warned by the FBI that he was the subject of a Russian operation to influence the American election.
NBC’s online correction on Saturday was the most extensive, and it required both the headline and top of a story that ran a day earlier to be rewritten. The network said it had been told about an FBI briefing of Giuliani by “a source familiar with the matter,” but later learned from a second source that the briefing had been prepared but not delivered.
Oil prices rose to the highest level in seven weeks early on Tuesday, as the market continues to believe that the economic and oil demand rebound in the United States and Europe will outweigh the still tragic COVID numbers in India and Brazil