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‘UAE a force of good in the world’

ABU DHABI / WAM Moustapha Niasse, President of the National Assembly of Senegal, said that the UAE is a force of good in the world, because of its efforts to promote social and humanitarian causes and help people suffering from disasters and crises, as well as its development initiatives that have created a difference to the international efforts to limit ...

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Trade-war fears hit euro factories

Euro area factories feel trade war pain as order growth slows

Bloomberg Euro-area manufacturers saw order growth slow to the weakest pace in two years after renewed concerns over trade prospects hit confidence. Purchasing Managers’ Indexes (PMI) from across Europe signal business sentiment is waning, threatening to harm the economy at a time when price pressures are building after years of subdued growth. Momentum is also weakening in China, while output continued ...

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Libya leads Opec oil output to 2018 high

Libya copy

Bloomberg Opec crude production rose in August to the highest level this year as a recovery in Libyan output helped to offset a cut in Iranian exports due to US sanctions. The group’s 15 members, which now include the Republic of Congo, collectively produced 32.74 million barrels a day last month, an increase of 420,000 barrels a day from July, ...

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