IBT Staff Reporter

7711-7740 (out of 154954)

Israel Signs Major Trade Pact With Gulf State UAE

Israel signed a free trade agreement with the United Arab Emirates on Tuesday, its first big trade accord with an Arab state that reduces or removes tariffs and over time targets lifting annual bilateral trade to more than $10 billion.

Israel, UAE Boost Ties With Free Trade Pact

Israel signed a free trade agreement with the United Arab Emirates on Tuesday, its first with an Arab state and one which eliminates most tariffs and aims to lift their annual bilateral trade to more than $10 billion.

Global Refiners Falter In Efforts To Keep Up With Demand

Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and aggravating shortages from big consumers like the United States and Brazil to smaller countries like war-ravaged Ukraine and Sri Lanka.

Russian Forces Face Stiff Resistance In Ukraine's Donbas

A Moscow backed separatist leader was reported by state-run TASS news agency on Tuesday as saying that Russian forces had not advanced as rapidly as they had hoped in the battle for Sievierodonetsk, the easternmost city still in Ukraine's hands.

Russians Advance Toward Centre Of Key Town In Ukraine's Donbas

Russian troops were slowly advancing towards the city centre in Sievierodonetsk, a regional governor said on Tuesday, giving an update from a pocket of Ukrainian resistance that has held back the broader Russian offensive in the eastern Donbas region.

Euro's Losses Deepen After Inflation Data

The euro's losses deepened on Tuesday after data showing euro zone inflation hit a record high in May, but expectations the European Central Bank will soon hike rates kept the single currency on track for its best monthly performance in a year.

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