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Brent nears $70 on rosy US data, oil demand outlook

SINGAPORE: Oil prices pushed higher on Friday, taking Brent to near $70 a barrel as firm US economic data and expectations of a strong rebound in global fuel demand in the third quarter underpinned the market. Brent crude futures for July gained 32 cents, 0.5 percent, to $69.78 a barrel by 0610 GMT while US West Texas Intermediate crude for July was at $67.18 a barrel, up 33

EAT, PLAY, LOVE: Safety first in the Seychelles

DUBAI: Watching the sun set over the ocean from a busy restaurant, listening to a soundtrack of excited chatter in several different languages as translucent waters lap at a white sand beach below… a holiday in the Seychelles in 2021 seems no different than it ever was. The only reminders of the COVID-19 pandemic are the face masks folded on the tables next to drinks, and the

Microsoft: SolarWinds hackers target 150 organizations with phishing

BOSTON, US: The state-backed Russian cyber spies behind the SolarWinds hacking campaign launched a targeted spear-phishing assault on US and foreign government agencies and think tanks this week using an email marketing account of the US Agency for International Development, Microsoft said. The effort targeted about 3,000 email accounts at more than 150 different

Yemen envoy says discussions with Houthis were positive

DUBAI: The United Nations Special Envoy to Yemen Martin Griffiths said negotiations with Houthis in Muscat were positive, Al-Arabiya TV reported on Friday. Griffiths discussed with the Houthis the commitment to a ceasefire and the resumption of peace negotiations, according to Al Arabiya.  On Wednesday Griffiths concluded a three-day visit to Saudi Arabia, where he met with senior Saudi and Yemeni officials to discuss the UN’s plan to achieve a comprehensive cease-fire. He also held talks on easing restrictions imposed on the movement of people and goods to and from the country, and resuming the political process to end the conflict.

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