OECD warns against 'escalation' in trade tensions

PARIS, May 30 (AFP): The OECD on Wednesday appealed for an end to the "escalation" in global trade tensions, as the introduction of US tariffs on steel and aluminium imports loomed.President Donald Trump announced the shock 25 per cent tariffs on steel and 10 per cent duty on aluminium in...

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Oil slips towards $75 as threat of OPEC boost weighs

LONDON, May 30 (Reuters): Oil slipped towards $75 a barrel on Wednesday, under pressure from expectations OPEC and its allies will pump more and as Italy's political crisis increased investors' aversion to risk.Global benchmark Brent crude has dropped $5 from a 3 1/2-year high of $80.50 a barrel on May...

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Emirates to launch a daily service to Edinburgh

Emirates will start a daily service between Scotland's capital city, Edinburgh, and Dubai, from October 1, 2018, said a press statement. Edinburgh becomes airline's second destination in Scotland after Glasgow and its 8th in the United Kingdom after the airline starts its daily service to London Stansted in June.The new...

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