Abu dhabi: ADNOC has launched a global liquefied natural gas (LNG) marketing and trading platform in the Abu Dhabi Global Market (ADGM), integrating the marketing activities of ADNOC Gas and XRG with the trading capabilities of ADNOC Trading. This ini…

Seoul: The Republic of Korea officially launched a 24-hour trading system for the Korean won and foreign currencies today, as part of the government’s efforts to enhance the competitiveness of the country’s financial market.

According to Emirates Ne…

Rota: Super Typhoon Bavi, one of the strongest storms recorded this year, battered the US Pacific island of Rota on Monday, with authorities reporting extensive damage. The US National Weather Service said the storm, equivalent in strength to a Catego…

Dunedin: Heavy rain triggered flooding, road closures and evacuations in New Zealand’s southern city of Dunedin and the neighbouring Waitaki District on Monday, with officials urging residents to stay home and avoid unnecessary travel.

According to …

Gold: Gold was steady near a two-week high on Monday after a than-expected US jobs report last week tempered expectations of interest rate hikes from the Federal Reserve. Spot gold was steady at $4,174.66 per ounce, as of 02:52 GMT, after hitting its …

London: British budget airline easyJet has agreed in principle to a sweetened takeover bid from US investment firm Castlelake, valuing the carrier at up to £5.5 billion ($7.34 billion).

According to Emirates News Agency, the new offer of £6.90 per s…

Dubai: The UAE’s real estate sector continued to strengthen its position during the first half of this year as one of the world’s most dynamic and attractive economic sectors for investment. This performance was driven by the strength of the national …

Tr©villach: Wildfires burning in the Tr©villach area of the Pyr©n©es-Orientales department in southern France have consumed nearly 1,000 hectares of forest amid weather conditions favourable to the spread of the flames.

According to Emirates News Ag…