Bloomberg Oil fell after a three-day rebound as a number of funds shifted away from near-term contracts, fearing a repeat of the meltdown last month that saw prices plunge below zero. Futures fell 8% towards $18 a barrel in New York as investors worried that a massive supply overhang while coronavirus shatters demand will send market tumbling again. The manager ...

ABU DHABI / WAM Abu Dhabi Health Services Company (Seha) announced the launch of the ‘I am Committed’ initiative in collaboration with 81 Designs, a UAE-based social enterprise. The programme aims to increase awareness of the government’s efforts to minimise the spread of coronavirus outbreak, encourage the community to adhere to the guidelines and get tested for Covid-19. As part ...

DUBAI / Emirates Business Emirates SkyCargo has announced that with effect from the first week of May, it has commenced dedicated cargo flights on a scheduled basis every week to 67 global destinations across six continents. This includes 11 destinations in the Middle East, seven in Africa, 22 in Asia, six in Australasia, 15 in Europe and six cities in ...