Abu Dhabi / WAM The UAE on Monday announced AED55 million ($15 million) for school supplies that will support 400,000 students in Sudan. The monetary aid, provided by Abu Dhabi Fund for Development (ADFD), covers educational necessities, including classroom equipment. ADFD, in cooperation with the Sudanese government, supervised the delivery of the first shipment of school supplies that covers the …

Bloomberg Boeing Co. dropped the most in nearly two months on news that the company is weighing a temporary production halt for the grounded 737 Max. With regulatory approval for the jet’s return increasingly likely to slip beyond January, Boeing’s board is considering whether to slow already-pared output of its best-selling jet, a person familiar with the matter said. Some …

Bloomberg Oil steadied near a three-month high on cautious optimism that a preliminary trade deal between the US and China will support global fuel consumption. Futures held near $60 a barrel in New York after settling at the highest since September 16. While the partial trade deal leaves most of the tariffs built up over the 20-month conflict in place, …