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Canadian transport shares rally over e-commerce blitz

Bloomberg A rally in Canadian transport stocks is gaining momentum, backed by a pick-up in e-commerce as consumers favour online shopping amid a resurgence of coronavirus in parts of the country. The ongoing pandemic, coupled with strong demand from online retail sales in the third quarter and Amazon.com Inc.‘s two-day Prime Day sale this week, turned investors’ attention to shares ...

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Oil gains as resurgence of virus threatens demand

Bloomberg Oil posted a small weekly gain on tentative signs that demand is picking up even as a new wave of coronavirus cases casts a shadow over the market. Futures in New York edged lower, but still managed to record an advance of 0.7% this week on shrinking US crude stockpiles and signs of improving demand in China and India. ...

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Wizz Air Abu Dhabi all set to launch operations

Abu Dhabi / WAM Wizz Air Abu Dhabi, the new national airline of the UAE’s, officially received its Air Operator Certificate (AOC) from the UAE General Civil Aviation Authority (GCAA). Receiving the AOC completes the last step in the regulatory processes for starting the airline and is the confirmation from the GCAA that Wizz Air Abu Dhabi is in compliance ...

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