Bloomberg The European Union (EU) plans to impose tariffs on lighters, plastic fittings from the US in retaliation over controversial American duties on imported steel and aluminum, according to EU officials. The EU intends to apply a 20% tariff on lighters and a 7% levy on plastic fittings for furniture in response to a US decision in February widening the ...

Bloomberg Oil pared losses amid signs that Saudi Arabia and Russia are making progress towards an agreement to curb crude output as the coronavirus wreaks havoc on the global economy. Futures fell 3.3% in New York, having earlier plunged 11%. Large oil-producing nations are racing to negotiate a deal to stem the price crash, but hurdles remain. A meeting of ...

Dubai / WAM Emirates Post has announced that it will reduce working hours on a temporary basis at all its Dubai-based Customer Happiness Centres. This decision is in line with the latest directives of Dubai’s Supreme Committee of Crisis and Disaster Management aimed at containing the spread of the Covid-19. Starting today, Emirates Post Customer Happiness Centres in Dubai will ...