Bloomberg Swiss watch exports kicked off 2018 with the strongest growth in more than five years, buoyed by strong demand for high-end timepieces in Asia and a later Chinese New Year. Shipments rose 13 percent to 1.6 billion francs ($1.7 billion) in January, the Federation of the Swiss Watch Industry said. That’s the biggest jump since October 2012 and the ...

Bloomberg Asia’s icy winter just spawned Europe’s strongest jet fuel market in over three years. The fuel’s premium to diesel, the most-watched measure of market strength, jumped to $2.59 a barrel in Europe, the highest since December 2014. Freezing weather in Asia is drawing cargoes of kerosene, which is almost identical to jet fuel, from Middle East refineries that were ...

Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, has stated that the initial figures for the UAE’s total foreign trade in 2017 will reach a value of AED1.7 trillion while expressing his expectation of continuous growth in the country’s trade during 2018 and the following years, in light of its policy of openness and its efforts ...