Bloomberg Indian stocks reversed gains, halting a six-day advance, after the government said troops clashed with Chinese counterparts. The main stock index remained on course to cap its best run of monthly gains in four years. A gauge of implied stock volatility surged after the announcement and the S&P BSE Sensex slipped 0.8% to 39,166.6 at 1:02 pm. The measure’s ...

Bloomberg Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started flowing from Hadabat Al-Hajara field near the Iraqi border at an average daily rate of 16 million standard cubic feet, in addition to 1,944 barrels of condensates, which are ...

Abu Dhabi / WAM His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has approved the amendments to the Labor law, granting the employees in the private sector a paid leave to care for the child. The UAE will be the first Arab country to grant parental leave to employees in the private sector. The decree aims ...