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US ‘winning’ trade war with China, says Trump

Bloomberg President Donald Trump declared the US was “winning” the trade war a day after reaching a temporary truce with Chinese President Xi Jinping. On a visit to South Korea following the Group of 20 summit in Japan, Trump said at a news conference that the Federal Reserve “has not been of help to us at all” in his trade ...

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Opec production falls as cartel moves to prolong output cuts

Bloomberg The Organization of Petroleum Exporting Countries’ (Opec’s) output fell for a seventh consecutive month as the group signalled it would keep supplies restrained at least until the end of the year. Crude production in June dropped to 30 million barrels a day as US sanctions further curtailed Iranian shipments and Saudi Arabia chose to pare back its output. The ...

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Dubai’s expanding ties with Ukraine in focus at Kiev forum

Dubai / Emirates Business Dubai’s non-oil trade with Ukraine nearly doubled over between 2016 and 2018 to reach $571 million last year, while Ukrainian agricultural and metal exports dominated trade volumes. Signalling expanding ties between businesses in Ukraine and Dubai, the trade figures were recently revealed at the 5th National Export Forum in Kiev, Ukraine, where representatives from Dubai Chamber ...

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