Muscat: Air travel disruptions in the United States worsened as the federal government shutdown entered its 27th day, with approximately 7,000 flights delayed nationwide today due to the increasing absence of air traffic controllers. The Federal Aviat…
Business
Dollar Slips Ahead of Central Bank Meetings
Muscat: The US dollar was weaker today ahead of a slate of central bank meetings that will likely see a rate cut in the US and as investors kept a wary eye on US President Donald Trump’s Asia tour, hoping for a trade deal with China. The yen strengthe…
Oil Prices Decline as OPEC Plans to Increase Output
Muscat: Oil prices fell today, extending losses from the previous two sessions, due to OPEC’s plans to increase output, which outweighed optimism about a potential trade deal between the United States and China. Brent crude futures dropped by four cen…