Business

6 Killed in Small Passenger Plane Crash in Honduras

Roatan Island: At least six people died when a small passenger plane crashed after takeoff in Roatan Island in northern Honduras. Local sources reported that a passenger plane carrying 18 people veered off the runway during takeoff and crashed into

Death Toll from Storm in US Rises to 34

Muscat: The death toll from the powerful storm sweeping through the central and southern United States has increased to 34. The storm, accompanied by a tornado and wind gusts reaching speeds of 130 kilometers per hour, along with large hail,

Gold Gains on US Tariff Policy Concerns

Muscat: Gold prices rose today, helped by a weaker dollar, amid concerns over the US tariff policy. Spot gold climbed 0.3% to $2,866.76 an ounce. US gold futures rose 1.1% to $2,880.50. The US dollar index fell 0.4% from a

Euro Rises on Europe’s Ukraine Peace Push

Muscat: The euro today rose from a 2-1/2-week low against the US dollar and sterling also advanced with Europe taking the lead in a renewed push for peace in Ukraine.

According to Oman News Agency, the US dollar index,

Oil Recovers on Upbeat Chinese Manufacturing Data

Muscat: Oil prices rose 1 percent today as upbeat manufacturing data from China led to renewed optimism for fuel demand, although uncertainty about global economic growth from potential US tariffs loomed. Brent crude climbed 76 cents, or 1 percent, to…