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Europe on high alert for virus as cases rise

Bloomberg Europe kicked into high alert as countries from Italy and Spain to France reported rising numbers of cases of coronavirus, struggling to limit its spread. Vast swathes of the Lombardy and Veneto regions of Italy, stretching from Milan to Venice, remained in a virtual lockdown. Spain kept about 700 guests confined to a Canary Islands hotel as they undergo ...

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Enoc, Japan’s Idemitsu to strengthen cooperation

DUBAI / WAM Enoc group announced the signing of an agreement with Japan’s Idemitsu for the supply and distribution of lubricants in the UAE and neighbouring countries. The agreement enables Enoc to produce lubricants for Idemitsu and its customers such as the original equipment manufacturer (OEM), for Toyota, in addition to managing the supply and distribution of lubricants. Ensuring a ...

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Oil slumps to lowest in a year as fear of coronavirus hit spreads

Bloomberg Oil extended declines to the lowest in a year on fears the fast-spreading coronavirus will take a major toll on the global economy. Futures in New York fell 1.4% after plummeting more than 7% over the previous three sessions. Top US health officials warned of a domestic outbreak of the infection, triggering another sell-off on Wall Street and in ...

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