Bloomberg The Opec+ group of oil producers will consider cutting output by more than 1 million barrels a day when it meets in Vienna on Wednesday, according to delegates. A larger-than-expected reduction would reflect the scale of concern that the global economy is slowing fast in the face of rapidly tightening monetary policy. A stronger dollar has also weighed ...

  Dubai / WAM Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation (PCFC), discussed with an Italian diplomatic and economic delegation headed by Giuseppe Finocchiaro, Consul-General of Italy in Dubai, opportunities for furthering economic cooperation and means to enhance trade between Dubai and Italy. The meeting, which was held at the Dubai ...

  Beijing / WAM A team of Chinese and American scientists recently published an assessment of China’s future use of clean hydrogen in its heavy industry and heavy-duty transport, noting that clean hydrogen can significantly reduce carbon emissions, Chinese news agency, Xinhua, reported. According to the study in the journal Nature Energy, clean hydrogen can be both a major energy ...