BLOOMBERG US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy. Commercial bank lending dropped nearly $105 billion in the two weeks ended on March 29, the most in Federal Reserve data back to 1973. …

BLOOMBERG Mastercard Inc wants the plastic in consumers’ wallets to do less damage to the environment. Starting in 2028, the company will require all banks issuing one of its payment cards to use sustainable materials as it seeks to remove first–use, PVC plastics from its network, according to a statement. Acceptable alternatives include recycled or bio-sourced plastics. The move comes …

ABU DHABI / WAM  HH Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of the Emirate of Abu Dhabi and National Security Adviser, said that Zayed Humanitarian Work Day is an everlasting stop on a national march of generosity and kindness for all peoples on earth. In statements marking theZayed Humanitarian Work Day, Sheikh Tahnoun added: “Late Sheikh Zayed bin …