Bloomberg Oil slumped as escalating trade hostilities between the US and China stoked fears of slowing global growth, overshadowing forecasts for a drop in American crude inventories. Futures in New York lost as much as 2.5% after rallying 2.1% following Chin- ese media suggestions on Wednesday that the nation could restrict rare earth exports to the US. American crude inventories ...

ABU DHABI / WAM Etihad Airways is transforming its economy class flight experience by upgrading its cabins and refurbishing its 23 narrow-body Airbus A320 and A321 aircraft. The renovated cabins will feature ergonomic “extra-spatial design” seats by UK-based Acro, an innovator in the manufacturing of aircraft seats. The retrofit programme, which includes new, personalised wireless streaming entertainment to smartphone and ...

Bloomberg The Trump administration again refrained from labelling China a currency manipulator, a decision that leaves one of the president’s campaign promises unfulfilled but avoids further escalation in the trade war between the world’s two largest economies. China said on Wednesday that “relevant international organisations,” and not the US, are in position to decide whether a country is a currency ...