Dubai / Emirates Business Samsung Gulf Electronics is encouraging UAE consumers to switch to safer alternatives such as mobile wallets to minimise potential hygiene issues while making purchases in stores. Samsung Pay, the brand’s mobile payment service, offers customers a convenient way to purchase anything through contactless payments in every corner of the country safely and securely. Mobile wallet transactions ...

Bloomberg Stay-at-home orders across the world drove India’s most profitable oil refiner’s net income down 39%. Reliance Industries’s earnings slumped in the three months through March as lockdowns slammed oil prices and destroyed demand for fuels, hitting its mainstay refining business. The oil-to-chemicals business posted the biggest profit drop in nearly two decades, and prompted its chairman and Asia’s richest ...

Bloomberg TC Energy Corp said a federal judge’s decision to block a key permit for the Keystone XL crude oil pipeline last month could delay the project for as much as a year. The Canadian pipeline giant thinks it can overcome the issues presented by the ruling and has been trying to mitigate any potential delays by working on other ...