Bloomberg So much for a merry Christmas. That is, if you trust the numbers. Commerce Department figures show US retail sales fell 1.2 percent in December from the previous month, the most since 2009, rather than the slight increase economists had forecast. Even more confusing: There was a pullback in a measure based largely on internet sales, which had been …

Dubai / WAM Etihad Credit Insurance (ECI), set a strategy and growth plan aligned with the UAE economic agenda, setting a target to support $3 billion in non-oil exports and re-exports. The announcement came during the recent ECI 2019 Kick-Off Meeting at the Jumeirah Emirates Towers Hotel in Dubai. The event highlighted ECI’s goal to support UAE-based companies with over …

Bloomberg Oil rose to the highest level this year as Saudi Arabia curtailed output at its largest offshore field and amid signals of a thaw in US-China trade tensions. Futures in New York advanced 2.2%. Saudi Arabia was said to trim supply from its giant Safaniyah field to repair a damaged power cable. Chinese President Xi Jinping said US-China trade …