Bloomberg Oil eked out a gain as a forecast-topping US jobs report signalled a strong domestic economy to go along with the supply disruptions squeezing global crude markets. Futures in New York rose 0.2 percent, after unemployment unexpectedly fell to a 49-year low in world’s biggest econ- omy, with cooler-than-projected wage gains. Crude nonetheless recorded a loss for the week ...

Bloomberg Singapore’s Hyflux Ltd, the water and power company battling for survival, said it is in talks with Middle Eastern utility Utico FZC about securing S$400 million ($294 million) of funds, disclosing the identity of the potential investor after receiving a non-binding letter of intent. Hyflux’s legal and financial advisers are in discussions with Utico on the details of the ...

Abu Dhabi / Emirates Business The Abu Dhabi National Oil Company (Adnoc) announced on Saturday, that more than 300 young Emiratis have expressed interest in working for the company during Adnoc Technical Academy’s (ATA) 2nd annual ‘Open Day’, where the prospective students and their families learned how ATA’s training program is equipping its students with the skills and tools needed ...