Bloomberg Oil fell again as a fresh coronavirus outbreak in China, and increases in cases elsewhere, spurred concerns that a second wave of the virus will derail a nascent economic recovery. Futures traded near $35 a barrel in New York, sinking in tandem with equity markets, after losing 8.3% last week. Beijing closed the city’s largest fruit and vegetable supply ...

ABU DHABI / WAM The National Creative Relief Fund launched by the Ministry of Culture and Knowledge Development in May 2020 has announced financial grants to 87 creative individuals and Small and Medium Enterprises (SMEs) operating in the cultural and creative industries. The grants ranging between AED15,000 and AED50,000 are distributed among 50 individuals and 37 companies to help them ...

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) announced that the use of Artificial Intelligence (AI) technologies, such as computer vision and machine learning algorithms, proved very effective in detecting and reporting violations of the coronavirus (Covid-19) preventive measures. Such monitoring covers physical distancing and wearing of face masks onboard taxis, whether for passengers or drivers. “AI technologies have ...