Abu Dhabi / WAM The Friends of the Covax Facility (FOF) strongly supports vaccine multilateralism and the goal of ensuring affordable, fair and equitable access to safe and effective Covid-19 vaccines for all. The Covax Facility is about to set a precedent of multilateral cooperation and solidarity and the FOF firmly believes in the importance and impact of this global …

Bloomberg Oil declined as Libya signalled the resumption of some crude exports, while surging coronavirus cases cloud the outlook for demand. Futures in New York drop 2.2% to near $40 a barrel. Libya is moving closer to reopening its battered oil industry after it told companies to resume production at some fields. This will add to already rising supply from …

Bloomberg LafargeHolcim Ltd, the world’s largest cement maker, pledged to step up efforts to cut CO2 emissions as the energy-consuming industry comes under pressure from environmental groups, lawmakers and investors. The plan includes accelerating the use of low-carbon alternatives in cement mixtures and operating its first net-zero plant by the end of the decade, the company said in a statement …