Bloomberg UK train services were brought to a near standstill on Tuesday after workers started the country’s biggest rail strike in more than three decades, with union leaders and government at odds over issues such as pay. A proposal from 13 train operating companies was turned down on Monday, National Union of Rail, Maritime and Transport Workers General Secretary ...

Bloomberg Oil held onto Friday’s sharp losses as traders weighed whether aggressive US monetary policy tightening will lead to a recession that would stymie consumption. Brent traded near $114 a barrel after shedding more than 5% as escalating concerns about the pace at which the Federal Reserve is raising rates rattle financial markets. Trading was thin on Monday due to ...

  ABU DHABI / WAM The Ministry of Energy and Infrastructure announced the fact that the UAE has joined the International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), a new achievement added to the UAE’s long track record as a pioneer in the field of energy. The agreement was signed remotely by Sharif Al Olama, Under-Secretary of ...