Bloomberg Oil rises above $43 a barrel in New York to its highest closing level since early March amid a broader rally in equities and as China’s economic recovery continued. West Texas Intermediate futures snapped a two-day drop, rising 1.4% as of 2:34 pm in Dubai, while Brent crude for November settlement climbed around the same amount to $46.47. Data ...

Abu Dhabi / WAM A medical aid aircraft dispatched by the Emirates Red Crescent (ERC) arrived in Damascus, in coordination with the Syrian Arab Red Crescent, to help reduce the spread of coronavirus(Covid-19) pandemic and support the Syrian medical sector. The medical aid includes basic supplies used to maintain the precautionary and preventive measures aimed at confronting the coronavirus pandemic, ...

Bloomberg India’s economy contracted by the most on record last quarter as the world’s biggest lockdown to stem the coronavirus pandemic brought key industries to a halt and rendered millions of people jobless. Gross domestic product shrinks 23.9% in the three months to June from a year earlier, the Statistics Ministry said in a report on Monday. That’s the sharpest ...