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Oil rises as investors weigh demand risk from Omicron

  Bloomberg Oil rises as investors weighed the rapid spread of Omicron against signs it may be milder than previous variants. Brent futures rise 0.7%, swinging between gains and losses amid thin trading volumes. West Texas Intermediate, which didn’t have a settlement due to a US holiday, falls from Thursday’s level. Daily omicron infections in the US has surpassed those ...

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UAE offers condolences over Brazil flood victims

  Abu Dhabi / WAM The UAE expressed its sincere condolences and solidarity with Brazil over the victims of floods that have hit the Brazilian state of Bahia, killing scores of people, leaving tens of thousands displaced, and triggering widespread damage. In a statement, the Ministry of Foreign Affairs and International Cooperation expressed its sympathy with Brazilian government, sending condolences to ...

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Etihad, China’s CGO team up to create ‘Air Silk Road’

  ABU DHABI / Gulf Time Etihad Airways, the national airline of the UAE, and Henan Province Airport Group, the parent company of the Zhengzhou Xinzheng Airport (CGO) — an important domestic aviation hub and the gateway to the central region of China — aim to establish a strategic partnership to strengthen aviation ties between the UAE and China. This ...

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