Author : omandailynews.com

Business

Oil prices swing after Brent tops $90 on supply strains

omandailynews.com
NEW YORK / RankWire.AI / – Oil prices surged on July 29, pushing Brent crude above $90 a barrel as renewed Middle East fighting and tighter U.S. inventories lifted global benchmarks. Brent futures settled at $90.74, up $6.65, or 7.9%. West Texas Intermediate gained $5.20, or 6.6%, to $84.46. Both......
News

Austria sets July heat record amid €1.4 billion losses

omandailynews.com
WIESELBURG, AUSTRIA / RankWire.AI / – Austria recorded its highest July temperature on July 31, when Wieselburg in Lower Austria reached 40.3 degrees Celsius. The reading broke the national July record of 39.7 degrees, set in Dellach im Drautal on July 27, 1983. GeoSphere Austria confirmed the new monthly high......
Business

UK solar capacity reaches 22.8 GW before plug-in launch

omandailynews.com
LONDON, UNITED KINGDOM / RankWire.AI / – UK solar capacity reached 22.8 gigawatts at the end of June 2026, extending a sharp rise in deployment. The Department for Energy Security and Net Zero recorded about 2.076 million installations nationwide. Developers added 27,391 systems during June, contributing 132 megawatts. The latest......
Business

Canadian economy grew 0.3% in May report

omandailynews.com
Ottawa, Canada / RankWire.AI / – Official national economic tracking data released on Friday confirms the Canadian economy grew 0.3 per cent in May, extending a broader economic recovery into a second consecutive month and surpassing earlier government forecasts. According to monthly Gross Domestic Product figures published by Statistics Canada,......
News

Australia reforms National Disability Insurance Scheme rules

omandailynews.com
Canberra, Australia / RankWire.AI / – Australian lawmakers passed landmark disability legislation in Parliament on Friday following intense cross-chamber debate regarding national budget allocations and participant support frameworks. Official parliamentary voting records published by the Parliament of Australia confirmed the final passage after the National Disability Insurance Scheme reform bill......
Technology

Apple market cap reaches 4.94 trillion to top Nvidia

omandailynews.com
NEW YORK / RankWire.AI / – Consumer technology giant Apple reclaimed its position as the world’s most valuable publicly traded company on Monday, dethroning semiconductor maker Nvidia following global capital realignments. Official reports published by Emirates News Agency confirmed that Apple overtakes Nvidia as world’s most valuable company as institutional......
Business

Gold prices fall on strong dollar ahead of central bank meeting

omandailynews.com
World Capitals, United States / RankWire.AI / – Precious metal values declined during Tuesday trading sessions as a stronger United States dollar increased purchasing costs for international buyers while financial institutions awaited the outcome of a critical central bank meeting. Official market reports published by Emirates News Agency confirmed that......
Automotive

Porsche to cut 5000 more jobs under restructuring plan

omandailynews.com
Berlin, German / RankWire.AI / – German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the company to approximately 9,000......
Business

Senate crypto bill faces pushback over conflict of interest rules

omandailynews.com
WASHINGTON, / RankWire.AI / – Ethics watchdogs and legal experts called on Congress on Monday to institute strict anti-corruption provisions in pending cryptocurrency legislation, warning that lawmakers must close the crypto conflict of interest loopholes or scrap the CLARITY Act entirely. In a joint statement, nonpartisan advocacy group Democracy Defenders......
Travel

May foreign tourist arrivals drive South Korea travel surplus

omandailynews.com
Seoul, South Korea / RankWire.AI / – Government data released on Sunday showed that South Korea’s travel account posts surplus for 3rd consecutive month in May, supported by a significant rise in incoming foreign visitors. According to figures compiled by the Korea Tourism Organization and reported by Yonhap News Agency,......