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Oil gains after Trump says China trade deal still on

Bloomberg Oil resumed gains, clinging to a three-month high as signs of improving demand buoyed a market momentarily roiled by confusion over US-China trade. Futures in New York rose 0.4% after President Donald Trump said the deal with Beijing was “fully intact” following remarks from a trade adviser that were interpreted as an end to the agreement. After earlier dropping ...

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UAE lauds Saudi move to limit Hajj to residents only

Abu Dhabi / WAM The UAE Fatwa Council praised the decision of the Ministry of Hajj and Umrah of Saudi Arabia to limit this year’s Hajj pilgrimage to Muslims of various nationalities residing in kingdom, to protect safety and health of people and facilitate the pilgrimage. The council stressed that everyone has to follow instructions of government, highlighting its responsibility ...

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India to block Chinese goods with new rules

Bloomberg India has amended rules for purchases by government departments, making it mandatory for suppliers to mention the country of origin in a move to push for local products and keep out Chinese manufacturers. New sellers on Government e-Marketplace, an Amazon-like online procurement platform, will have to register the origin of their products while those already available must meet the ...

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