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Fujairah oil product stocks hit 5-week high

FUJAIRAH / WAM Oil product stocks in the Middle Eastern hub of Fujairah climbed to a five-week high, led by a surge in jet fuel and other middle distillate stocks, data released Wednesday by the Fujairah Oil Inventory Zone (FOIZ), showed. Total stocks rose 1.2 percent week on week to 21.561 million barrels, the highest since December 23, with middle ...

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US disappointed as Johnson gives Huawei partial 5G role

Bloomberg UK prime minister Boris Johnson risked a rift with president Donald Trump as he gave Huawei Technologies Co the green light to help develop Britain’s next-generation broadband networks. While the UK government announced it will keep what it calls high-risk vendors such as Huawei out of the most sensitive core parts of its 5G mobile networks, the company will ...

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Zuckerberg plots Brussels trip amid EU bid to revamp rules

Bloomberg Facebook Inc Chief Executive Officer Mark Zuckerberg is slated to visit Brussels in mid-February, meeting with European Union (EU) officials as the social media giant fends off antitrust and privacy scrutiny over how it handles user data. Zuckerberg’s trip to the EU capital follows a recent visit by Alphabet Inc’s chief Sundar Pichai and comes as the EU is ...

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