Bloomberg Oil posted its largest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery. Futures fall 1.1% in New York to end the week below $36 a barrel taking their cue from a broader market selloff and the worst week for US stocks since March. At the same time, the ...

Bloomberg When talking about the biggest company in the world, it’s not unusual for there to be eye-popping numbers. But Apple Inc.’s latest superlative is not one investors would like to see. Since becoming the first American company to surpass $2 trillion in market value in August and peaking last month, the iPhone maker has lost $450 billion, wiped out ...

Abu Dhabi / WAM In line with the UAE government’s plan and increased efforts to combat Covid-19, the Supreme Committee for Covid-19 Crisis Management, has announced the formation of the National Covid-19 Crisis Recovery Management and Governance Committee. The committee is mandated to ensure efficient recovery from the Covid-19 crisis by leveraging the resources required for business continuity. The committee ...