Bloomberg Hedge funds are betting rising tensions around the globe will keep fueling oil’s rebound this year. Money managers boosted optimistic wagers on West Texas Intermediate crude to the highest since October in the week ended April 16, according to government data released. Total long and short positions swelled to the most in six months, a sign the rally is ...

DUBAI / WAM Abdul Rahman bin Mohammed Al Owais, Minister of Health and Prevention (MoHAP) met with Dr Amrit Ray, Global President, R&D and Medical, Pfizer EMB, to discuss the possibility of establishing a scientific research and excellence hub in the UAE. Al Owais and Dr Ray also discussed mutual efforts to fight chronic diseases and develop innovative and integrated ...

Bloomberg A weapon tested by North Korea is thought to have been a guided weapon for ground combat and not a ballistic missile, South Korea’s military said, indicating it was a conventional weapon and not one subject to international sanctions. South Korea and the US ran a joint assessment of the test, a South Korean Defense Ministry spokesman said without ...