ABU DHABI / WAM The UAE on Wednesday sent an aid plane containing medical supplies to Ethiopia to bolster the country’s efforts to curb the spread of Covid-19 and assist medical professionals as they work to combat the virus. Commenting on aid delivery, Mohamed Salem Ahmed Al Rashedi, UAE Ambassador to Ethiopia, stated: “It is our honor to deliver another ...

Bloomberg Oil’s rally resumed — after prices doubled over five days — amid optimism that output cuts are easing a huge supply glut and demand losses have bottomed. Futures in New York rose above $25 a barrel after earlier breaking above their 50-day moving average for the first time since January. Russian oil production was down 16% in the first ...

Bloomberg China’s leaders are considering the option of not setting a numerical target for economic growth this year given the uncertainty caused by the global coronavirus pandemic. What may instead be unveiled at upcoming National People’s Congress later this month is a description of goal for gross domestic product growth, one of the people said. Last year target was a ...