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May 8, 2026

Japan’s Nikkei Pulls Back from Record Highs on Tech Losses

Japan: Japan’s Nikkei index retreated on Friday from the record highs reached in the previous session, weighed down by technology stocks amid concerns over continued tensions in the Middle East. The Nikkei 225 fell 0.3% to close at 62,636.00 points, a…

European Stocks Open Lower Amid Middle East Uncertainty

Doha: European stock markets opened lower on Friday amid renewed uncertainty over developments in the Middle East. Among major indices, France’s CAC 40 in Paris fell 0.86%, while Germany’s DAX in Frankfurt declined 0.91%. Britain’s FTSE 100 also dropp…

Global Oceans Near Record Heat Levels, Says Study

Brussels: Europe’s Copernicus Climate Change Service warned Friday that global ocean temperatures are on the verge of reaching new record highs this month, signaling an accelerating climate crisis even before the anticipated arrival of the El Ni±o phe…

Kuwait’s Oil Drops by USD 6.35 Per Barrel

Kuwait city: The price of Kuwait’s crude oil dropped by USD 6.35, reaching USD 114.12 per barrel in trading on Thursday. This marks a decrease from the previous session where the price stood at USD 120.47 per barrel, as announced by the Kuwait Petrole…