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Oil Extends Slide Below $32 on Signs U.S. Stockpiles Swelled

Oil Extends Slide Below $32 on Signs U.S. Stockpiles Swelled

(Bloomberg) -- Oil extended its drop to trade below $32 a barrel after a U.S. industry report signaled crude inventories swelled for the first time...
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Trump Needles China; Women’s Jobs More Vulnerable: Virus Update

Trump Needles China; Women’s Jobs More Vulnerable: Virus Update

(Bloomberg) -- President Donald Trump escalated his rhetoric against China, suggesting that leader Xi Jinping is behind a “disinformation and propaganda attack on the United States and...
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Trump Halts U.S. Payments to WHO, Citing Reliance on China

Trump Halts U.S. Payments to WHO, Citing Reliance on China

(Bloomberg) -- President Donald Trump said he instructed his administration to temporarily halt funding to the World Health Organization for taking China’s claims about the...
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People in China Need a Green Light From Alipay App to Move Around Country

People in China Need a Green Light From Alipay App to Move Around Country

(Bloomberg) -- To get permission to leave China’s coronavirus epicenter and return to his job in Hong Kong, a Chinese banker needed two things: a...
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Airlines Warn of First Global Traffic Drop Since 2009 on Virus

Airlines Warn of First Global Traffic Drop Since 2009 on Virus

(Bloomberg) -- The airline industry expects the first annual decline in global passenger demand in 11 years, after tallying up the initial impact of the...
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Nations Restrict Travel From China; Deaths Top 560: Virus Update

Nations Restrict Travel From China; Deaths Top 560: Virus Update

(Bloomberg) -- Efforts accelerated to contain the new coronavirus that has claimed more than 560 lives, with regions from Hong Kong to India putting in...
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Coronavirus Outbreak: New Guidelines Issued to UAE Healthcare Providers

Coronavirus Outbreak Update: New preventative measures implemented in UAE

The Ministry of Health and Prevention (Mohap) has issued a circular obligating all healthcare providers to ensure that anyone suspected of having contracted the...
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Layan Odeh and William Wilkes

Chinese Cities to Lose Crucial Emirates Flights as Virus Spreads

(Bloomberg) -- Gulf carriers Emirates and Etihad Airways were told to halt flights to all Chinese cities apart from Beijing as the coronavirus outbreak spreads,...
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Chinese Stocks Sink 9% as Markets Reopen to Crisis After Break

Chinese Stocks Sink 9% as Markets Reopen to Crisis After Break

(Bloomberg) -- Chinese stocks plummeted by the most since an equity bubble burst in 2015 as they resumed trading amid the worsening virus outbreak. The...
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Chemicals Glut Drags Down Sabic Profit Ahead of Aramco Buyout

Chemicals Glut Drags Down Sabic Profit Ahead of Aramco Buyout

(Bloomberg) -- Saudi Basic Industries Inc. expects earnings to come under further pressure this year from sluggish economic growth and an oversupply of petrochemicals. The...
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