SHABWA/ WAM The United Arab Emirates through its humanitarian arm — the Emirates Red Crescent (ERC) — has provided relief aid to people affected by heavy floods in Merkhah As Sufla District in Shabwa, Yemen. The ERC team distributed 800 food baskets to 4,720 citizens and provided shelter camps for Yemenis whose homes were damaged by the floods. The move …

Bloomberg Oil slid as escalating trade tensions between the US and China prompted investors across financial markets to flee risk assets, though West Texas Intermediate pared losses after a report signaled an inventory drop at America’s main storage hub. Futures fell in London and New York after posting a loss last week. The dispute between the top major economies is …

Bloomberg US equity futures slumped with European stocks on Monday, tracking a sell-off across Asia after China struck back in its trade dispute with America and let its currency weaken through a milestone level. Treasuries led a global bond rally as investors dashed to safer assets. S&P 500 Index futures slumped as much as 1.5 percent, while declines in mining, …