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Emirates Post resumes postal services to India

DUBAI / WAM Emirates Post has re-started operations to India for all services including Economy Mail, Standard Mail, Registered Mail, Standard Packets, Standard Parcels and Express Parcels, after a period of limited operations in the wake of restrictions imposed on the travel and transport. The reopened channel provides UAE’s large Indian expat population a way to send shipments, including household ...

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BP writes off billions as Covid redraws ‘rules’

Bloomberg BP Plc will make the biggest writedown in a decade on the value of its business, as the British oil major predicts the coronavirus pandemic will hurt long-term demand and accelerate the shift to cleaner energy. The company sees oil and gas being about 20% to 30% cheaper than before in the coming decades, and expects the cost of ...

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China likely to ease coal mine closures to meet rising needs

Bloomberg China will likely ease the pressure on local governments to shut older, inefficient coal mines as it seeks to meet rising demand of the most-polluting fuel to spur its economic recovery. Government officials are in the midst of preparing the country’s all-important five-year-plan, the guiding document for policy and industrial development from 2021 to 2025. Unlike the previous edition, ...

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