Bloomberg Oil extended this week’s slump on fears that rising virus infections and a faster-spreading strain will inflict a new blow on fuel consumption. Futures are down more than 3% in New York. Many countries have suspended travel with the UK, where a new Covid-19 variant is forcing more than 16 million people to stay at home. A resurgence of ...

JAKARTA / WAM Emirates Global Aluminium (EGA) has signed a series of agreements with PT Indonesia Asahan Aluminium (Inalum) to provide technological know-how to upgrade the Indonesian company’s aluminium smelter in North Sumatra. The signing was part of Indonesia UAE Week, organised by the two countries’ embassies to further deepen economic ties between the UAE and Indonesia. EGA will provide ...

DUBAI / WAM Emaar, the master developer of the Burj Khalifa, has collaborated with Zoom Video Communications, to host New Year’s Eve celebrations live from Downtown Dubai in a global Zoom video call. Up to 50,000 people from around the world will be invited to tune-in and usher in 2021 on the first ever New Year’s Eve celebration to be ...