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Europe car sales hit record low in February

  Bloomberg Car sales in the European Union skidded to the lowest on record for February, as manufacturers brace for more disruption to output from supply-chain issues exacerbated by war in Ukraine. New-vehicle registrations in the EU fall 6.7% to less than 720,000 for the month, the European Automobile Manufacturers’ Association said. When including the UK and free-trade association countries, ...

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Oil pares gain near $104 to end another volatile week

  Bloomberg Oil pared gains after the biggest daily surge in 16 months pushed prices back above $100 a barrel. Futures in New York were trading near $104 a barrel after jumping 8.4%. Crude has whipsawed this week on conflicting news about progress in peace negotiations between Russia and Ukraine. The International Energy Agency (IEA) said on Friday that prices ...

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Sheikh Mohamed, Greek PM discuss bilateral ties

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Kyriakos Mitsotakis, Prime Minister of Greece, discussed on Friday by phone the friendship and strategic partnership relations that bind the two countries and means to further develop them in various fields. During ...

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