Bloomberg Oil climbed as a chorus of prominent traders in the crude market said prices will continue to rise after a nearly 50% rally so far this year. Futures in New York advanced as much as 1.6% on Tuesday to the highest intraday level since 2018. At the FT Commodities Global summit, Glencore Plc and Vitol Group both said they ...

Bloomberg The Biden administration is engaging with China in an effort to win approval for Boeing Co’s 737 Max planes, which remain banned in the country even as other jurisdictions have reauthorised it following crashes. “We’re absolutely working on it,” Commerce Secretary Gina Raimondo said in an interview on Tuesday with Bloomberg Television’s David Westin. “China’s a big market, and ...

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has joined forces with New York-born Modus Capital, a venture capital and venture builder firm to launch a Ventures Lab programme enabling early-stage founders from around the world to develop successful and scalable startups from Abu Dhabi. Ventures Lab at Hub71 is the first venture builder programme in the UAE ...