Bloomberg South African Airways (SAA), national airline that’s entered a form of bankruptcy protection, may only be offered 5% of the $60 million that its owed by Zimbabwe in funds from ticket sales and hasn’t been able to extract from the country. The central bank’s Monetary Policy Committee plans to “reject the majority of debts” owed to institutions, a move ...

Bloomberg Chinese officials expect the US will delay a threatened tariff increase set for Sunday as both sides focus on de-escalating tensions by cutting import taxes currently in place rather than removing specific products from the target list, according to people familiar with the matter. Beijing sees removal of the December 15 threat enabling talks to continue on the unfinished ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), signed on Tuesday a Framework Agreement with Reliance Industries Limited (RIL), to explore the development of ethylene dichloride (EDC), facility in Ruwais, Abu Dhabi. The signing of the agreement was witnessed by Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group CEO, and Mukesh D. Ambani, ...