#China

china-arab states expo

China-Arab States Expo closes with $24bn worth of deals

The fifth edition of the biennial China-Arab States Expo was held in China’s Ningxia Hui Autonomous Region from August 19-22

Oil heads for longest run of losses since March on virus, dollar

The delta variant has spurred fresh curbs on mobility in many nations including China, harming energy consumption

Bitcoin roars back, putting $100,000 predictions in vogue again

The world’s largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows

Oil climbs from three-week low as traders assess demand outlook

Delta has raised concerns about the short-term demand outlook

Renewable energy investment rose to a record in first half

Investment in solar projects was up 9 per cent to a record $78.9bn in the first half

Oil holds decline as investors track delta’s spread across China

West Texas Intermediate was slightly higher after slumping 3.6 per cent on Monday

UAE builds waste-to-energy plant to manage growing trash

Dubai is constructing a $1.1bn facility that will burn garbage to generate power

Bitcoin surges amid short covering, speculation over Amazon plan

Bitcoin remains some $27,000 off its mid-April high of almost $65,000

Brent oil extends gain as OPEC+ talks end without supply deal

The global market has tightened significantly over the past few months amid a robust rebound in fuel demand in the US, China and parts of Europe

Tesla delivered a record 201,250 cars in second quarter

Quarterly deliveries are one of the most closely watched indicators for Tesla

Bitcoin leads broad crypto rally after defense of $30,000 level

The digital currency had reached a record near $65,000 in mid-April

Tesla dealt big blow as almost all cars in China need safety fix

In most cases, the fix should be able to be made remotely with an online update to the cars’ active cruise control feature

China crypto clampdown sends bitcoin closer to key $30,000 level

Bitcoin has roughly halved from a record of $65,000 in mid-April

Brent oil edges above $75 as investors assess tightening market

Brent oil has rallied more than 40 per cent this year as a strong rebound from the pandemic in the US, China and Europe underpins increasing fuel consumption

Global power grids pushed to breaking point

The extreme weather highlights the real world impact of climate change

Global food costs surge to decade high as drought parches crops

A United Nations gauge of world food costs climbed for a 12th straight month in May

China’s Sinovac shot cleared for wider global use by the WHO

The WHO recommended its use for people aged 18 and older in a two-dose schedule with a spacing of two to four weeks between shots

Oil steady near highest since 2018 with Saudis upbeat on demand

Oil is up 40 per cent this year as the recovery from the pandemic in the US, China and parts of Europe boosts the outlook for fuel consumption

Iran bans Bitcoin mining, echoing China, after blackouts

The ban is effective immediately and will last until September 22

Bitcoin hovers around $40,000 as cryptos bounce back from rout

Bitcoin is about $25,000 shy of its mid-April record of almost $65,000

China tourists Dubai Covid-19 vaccine

UAE: Chinese visitors can now receive Covid-19 vaccines in Dubai

Chinese nationals above the age of 16 will be able to receive the Sinopharm vaccine, administered by the Dubai Health Authority

Oil steady near $65 as investors weigh near-term demand outlook

Oil has managed to break out from a tight range near $60 a barrel and resume its upward momentum

Oil trades at six-week high with demand optimism spurring rally

Consumption may also get a boost when China breaks for an extended holiday on Saturday

In one year a billion tons of food got wasted — mostly at home

Food waste and loss are responsible for as much as 10 per cent of global emissions

UAE covid-19 vaccine manufacturing sinopharm

UAE to begin manufacturing ‘Hayat-Vax’ Covid-19 vaccine

The ‘Life Sciences and Vaccine Manufacturing in the UAE’ is a joint project by the Abu Dhabi-based Group 42 and China’s Sinopharm CNBG

China's Foreign Minister Wang Yi

China, UAE to expedite production of affordable Covid-19 vaccines

The Chinese Foreign Minister Wang Yi landed in Abu Dhabi from Iran on Saturday evening for a two-day official visit

Aramco aims to partner with China on blue hydrogen, CEO says

Aramco is looking to work with China on blue hydrogen and ammonia, synthetic fuels and carbon capture utilization and storage

Oil pushes above $66 as China’s recovery aids outlook for bulls

Crude has rallied strongly in the opening months of 2021

Saudi-backed UK health app Babylon ends deal with Tencent

A $550m cash infusion led by Saudi Arabia’s Public Investment Fund in 2019 valued the company at about $2bn

UAE aviation regulator clears Boeing 737 Max to fly again

Local airlines must first provide a plan for bringing the plane back safely