Business from Tuesday, March 31st, 2026
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Wall Street soars as traders bet on potential war off-ramp
Wall Street ended sharply higher on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent oil prices soaring and fuelled fears of global inflation in recent weeks.
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US trade chief sees only limited role for WTO
The World Trade Organisation will play only a limited role in global trade policy after a failed ministerial meeting in Cameroon, US Trade Representative Jamieson Greer said on Monday, vowing to seek alternative arrangements with like-minded countries.
News
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UAE President receives call from Russian PresidentUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call on Tuesday from Vladimir Putin, President of the Russian Federation.
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UAE intercepts 12 missiles and 36 drones on TuesdayUAE air defences intercepted 8 ballistic missiles, 4 cruise missiles and 36 drones launched from Iran on Tuesday, the Ministry of Defence said.
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UAE joins UN Human Rights Council consultative groupThe United Arab Emirates has been appointed to the Consultative Group of the UN Human Rights Council, representing the Asia-Pacific region.
