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Indonesian plane feared to have crashed with 62 aboard

JAKARTA / WAM/Reuters A Sriwijaya Air plane with 62 people on board lost contact after taking off from Indonesia’s capital Jakarta on a domestic flight on Saturday and rescuers said suspected debris had been found in the sea off the city, Reuters reported. The Boeing 737-500, en route to Pontianak in West Kalimantan, disappeared from radar screens after taking off ...

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India’s oil usage declines for first time in 21 years

Bloomberg India’s petroleum consumption fell for the first time in more than two decades in 2020 as the coronavirus pandemic shuttered businesses and factories, hurting demand from one of the world’s largest users of the fuel. Total petroleum demand declined 10.8% last year from 2019, and was at a five-year low of 193.4 million tons, according to Bloomberg calculations of ...

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Dubai’s foreign trade recovering with steady growth momentum

DUBAI / WAM In support of the UAE’s sustainable economic development, Dubai Customs has been able to meet the challenges of the global economic recession arising out of the Covid-19 pandemic. “The year 2020 saw new pioneering achievements for Dubai Customs in terms development of Customs work processes and innovation of new solutions and initiatives to ensure the smooth flow ...

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