Bloomberg Oil rises as traders looked ahead to clues on US stockpiles, while monitoring China’s efforts to contain the spread of Omicron. West Texas Intermediate added 0.9% after capping a two-day drop. The industry-funded American Petroleum Institute releases its weekly report on US inventories. Nationwide holdings have sunk for the past six weeks to the lowest since September, official ...

  DUBAI / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No (2) of 2022 on the expropriation of property for public use in the emirate of Dubai. The new law regulates the procedures for expropriating property for public use. The ...

  Bloomberg Covid-19 flare-ups, diminished policy support, and lingering supply-chain bottlenecks will see the global economic recovery cool more than previously estimated in 2022, after last year’s expansion clocked the fastest post-recession pace in eight decades, the World Bank said. Global gross domestic product will probably increase 4.1% this year, less than a 4.3% forecast in June, the Washington-based development ...