Bloomberg Top officials from the US, Germany and France each expressed confidence that a global tax deal endorsed at the Group of 20 meeting in Venice has enough momentum to overcome political obstacles in Washington and within the European Union (EU) in time for it to be finalised in October. “There’s more work to be done, but I’m really hopeful …

New Delhi / WAM India’s Minister of State for External Affairs, who deals with the Gulf and the rest of the Arab world, V Muraleedharan, has held a meeting with Indian ambassadors in the Gulf to discuss initiatives to resume passenger flights to India from their countries of accreditation. “Our ambassadors were requested at that meeting to take up with …

Bloomberg Oil falls this week for the first time since May after days of volatile trading in the wake of Opec+’s stalemate over a production increase in the near term. Futures in New York declined 0.8% this week, although the US crude benchmark closed higher amid a broader market rebound. A stronger dollar makes commodities priced in the currency less …