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 ...

DUBAI / WAM Emirates SkyCargo, the freight division of Emirates Airline, ramped up its operations to offer 10 weekly cargo flights to facilitate the flow of goods into Bahrain, replenishing supplies and maintaining vital trade links during this critical time. Starting this month, the carrier noted in a statement, that its operations will see 10 weekly cargo flights on its ...