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Euro Qualifying: England and France Win Easily, Wales Lose to Armenia at Home

PARIS: England and France cruised to victories over international minnows in Euro 2024 qualifying on Friday, but Wales saw their hopes of reaching next year’s finals in Germany suffer a setback in a 4-2 home defeat by Armenia. Gareth Southgate’s England scored twice from the penalty spot as they eased to a 4-0 win away to a Malta side ranked 172nd in the world and kept up their perfect record in Group C.

“China’s May Industrial Output Up by 3.5%”

BEIJING: China’s economy stumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more to shore up a shaky post-pandemic recovery. The economic rebound seen earlier this year has lost momentum in the second quarter, prompting China’s central bank to cut some key interest rates this week for the first time in nearly a year, with expectations of more to come.

Denver Nuggets Parade: Celebrating 1st NBA Championship Win

DENVER: Nikola Jokic rode atop a firetruck with people who mean the world to him — his teammate Jamal Murray, his family — and the NBA trophy. Jokic and the Denver Nuggets soaked in the moment and were soaked, too, by champagne spray Thursday during a downtown parade to celebrate their first NBA title. His young daughter, Ognjena, stole the show as she sat in front of him on the firetruck, at times wearing Jokic’s championship hat. Jokic turned in some big assists, too, shielding her from champagne showers.

Oil Prices Set to Rise on Optimistic China Demand

NEW YORK/SINGAPORE: Oil prices were set to snap a two-week losing streak despite trading marginally lower early on Friday, amid optimism about higher energy demand from top crude importer China and a weaker dollar, according to Reuters. Brent futures dipped 17 cents, or 0.2 percent, to $75.50 a barrel by 6:41 a.m. Saudi time, while US West Texas Intermediate crude dropped 16 cents, also 0.2 percent, to $70.46 a barrel. Both benchmarks surged about 3 percent during the prior session.

Saudi-US Trade Surges by 39% in 2022: Report

RIYADH: Oil and fertilizer exports helped Saudi Arabia record a 39 percent surge in trade with the US in 2022, demonstrating strengthening ties between the two nations.   According to a report by the US-Saudi Business Council, the total trade value reached SR130 billion ($34.7 billion), fueled by both an uptick in Saudi oil exports and a record-breaking non-oil trade. Notably, non-oil exports from Saudi Arabia to the US in 2022 touched SR10.1 billion, marking a 10 percent increase from the previous year.

Heat Seek Inspiration Down 3-1 Against Nuggets in NBA Finals

DENVER: The Miami Heat are searching for inspiration anywhere they can find it, including a tennis great’s record-setting win at the French Open and even their mascot’s quick rebound from a few punches to the face. Jimmy Butler and the Heat might be down 3-1 in the NBA Finals against the Nuggets heading into Game 5 on Monday night in Denver, but they hardly consider themselves out. “(Our belief) is at an all-time high,” said Butler, whose team is hoping to avoid watching the Nuggets celebrate their first NBA title. “It always has been all year. It always will be.”

Manchester City crowned European football royalty in Istanbul

ISTANBUL: In the presence of the UAE leadership, Manchester City joined footballing royalty as they became the kings of Europe. Finally, they had their Champions League — the trophy craved by their Abu Dhabi owners, manager Pep Guardiola, players and fans. A tense 1-0 win over Inter Milan in Istanbul confirmed their status as Europe’s elite club for the first time — and sealed a famous Treble, having already won the Premier League and FA Cup this season.

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