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Bloomberg Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by regional imbalances and coronavirus outbreaks that slow economic activity, the World Trade Organisation (WTO) said. The Geneva-based trade body’s goods trade barometer rises to 110.4 in March, the highest in records going back to 2016, according to a ...

Bloomberg Oil snapped a run of declines as a US industry report pointed to a drop in domestic crude stockpiles. West Texas Intermediate rises 0.5% after a four-day losing run that was the longest since March. The American Petroleum Institute reported that crude inventories fell 1.16 million barrels last week, including a draw at the key storage hub in Cushing, ...

DUBAI / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras SA (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency. Under the codeshare, customers will be able to connect to and from ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday announced that the UAE would offer Golden Visas to charity and humanitarian aid workers in recognition of their efforts and sacrifices. The announcement made by HH Sheikh Mohammed to provide long-term residence visas to humanitarian ...

Abu Dhabi / WAM The Abu Dhabi Department of Health (DoH) and the Abu Dhabi Residents Office (ADRO) launched new packages to support and empower doctors, enabling them to apply for the Golden Visa in Abu Dhabi with added ease and peace of mind. With the new process, doctors nominated by DoH will be offered a VIP package to obtain ...

Dubai / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras S.A (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency (Agência Nacional de Aviação Civil). Under the codeshare, customers will be able ...

Abu Dhabi / WAM Pure Salmon, a global land-based salmon aquaculture company, prepares to establish its headquarters in the emirate of Abu Dhabi. A partnership between the Abu Dhabi Investment Office (ADIO) and Pure Salmon will see the company receive financial and non-financial incentives to expand local food sustainability efforts with its proven salmon farming technology. The partnership is part ...

Bloomberg Prime Minister Justin Trudeau can expect mostly good news from economic data during Canada’s five-week election campaign. But there’s one potential trouble spot for him: consumer prices. A Statistics Canada report is expected to show that price inflation accelerated in July to almost the fastest rate in two decades. Economists estimate that consumer prices jumped 3.4% last month on ...

Bloomberg Ukraine’s economy fell back into recession as fallout from the pandemic continued to weigh and interest rates were lifted to tackle soaring inflation. Second-quarter gross domestic product (GDP) shrank a seasonally adjusted 0.8% after falling 1.2% in the previous three months, preliminary data Monday showed. On an annual basis, it ended more than a year of contraction, advancing by ...

Bloomberg T-Mobile US Inc said an investigation confirmed about 7.8 million current users had information stolen along with more than 40 million records from past or prospective customers who’d applied for credit in a cyberattack. The stolen information included customers’ full names, dates of birth, social security numbers, and IDs such as drivers licenses, the Bellevue, Washington-based company said in ...