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Oil dips below $41 with signs US crude stockpiles swelled

Bloomberg Oil was anchored below $41 a barrel with an industry report signalling a surprise gain in US crude stockpiles, while concerns linger about the threat to demand from rising coronavirus infections. The American Petroleum Institute reported inventories rose by 2.05 million barrels last week, before government data on Wednesday. The virus is setting records across the US, with Texas’s ...

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Malnutrition in poorer nations costs companies $850bn a year

Bloomberg Poor diets in developing countries are costing businesses as much as $850 billion a year in lost productivity, underlining the need for companies to play a bigger role in tackling a problem that’s being compounded by the coronavirus pandemic. Those are the findings of a study by Chatham House and Vivid Economics, the first to analyse the impact of ...

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Hope Probe cost is among world’s lowest: Al Gergawi

Dubai / WAM The cost of the Hope Mars Mission reached $200 million, which is considered among the lowest in the world when compared with similar programmes, said Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs. Addressing a media briefing in Dubai, Al Gergawi detailed the achievements of the Emirates Mars Mission team, including development of 200 new designs, ...

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