Bloomberg Oil traded near $33 a barrel as an escalating war of words between the US and China added to caution over the prospects for a global recovery in demand. China has warned that some in the US were pushing the countries towards a new Cold War, stoking concerns that deteriorating relations between Beijing and Washington could complicate the market’s ...

Bloomberg The Japanese government ended its nationwide state of emergency on Monday as cases tail off and announced a decision on funding for a new aid package to help a virus-battered economy. Prime Minister Shinzo Abe told a news conference on Monday that reviving the economy was now the top priority, and his government will decide on a second extra ...

ABU DHABI / WAM The UAE on Monday sent an aid plane carrying five metric tons of medical supplies to the Democratic Republic of Congo. The aid will assist approximately 5,000 medical professionals as they work to combat the coronavirus (Covid-19) pandemic. Commenting on the aid delivery, Hazza Mohammed Al Qahtani, UAE Ambassador to Rwanda, remarked, “The provision of aid ...