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Etihad to resume flights to more destinations

ABU DHABI / WAM Etihad Airways is gradually resuming services to more destinations across its global network. This follows the easing of travel restrictions by UAE regulatory authorities on outbound and inbound travel for citizens and residents. All travel remains subject to the entry and health regulations set by the UAE authorities, and those at the end destination. Throughout July ...

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Coronavirus crisis is reshaping oil industry, says Eni

Bloomberg Eni SpA became the latest oil company to cut its long-term price assumptions, saying the coronavirus pandemic would have a lasting impact on the industry. Eni now sees benchmark Brent crude at $60 a barrel in 2023 real terms, down from a previous estimate of $70, the company said. Rivals Royal Dutch Shell and BP ve also cut price ...

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India to halt China power gear import

Bloomberg India will stop power equipment imports from China, power minister Raj Kumar Singh said, amid simmering border tensions between the two neighbours. The South Asian nation has the capability to manufacture all kinds of electricity equipment, Singh said at a meeting with energy officials of states, encouraging them to promote local procurement. China accounted for $2.8 billion of the ...

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