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NEW YORK: A U.S. stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry: higher oil prices. U.S. crude prices stand at around $91 a barrel after surging some 40% since Dec. 1 and earlier this week touched their highest level since 2014. Prices…Continue Reading

Bustling bars, surging business: Dubai sees a post-vax boom

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Nations around the world are lurching into lockdown, steeling themselves for a brutal surge as the omicron variant spreads like wildfire. But in Dubai, Donna Sese is bracing for a very different surge: countless restaurant bookings and metre-long drink bills. “We’re back and busy like the way things used to be,” said Sese, manager of…Continue Reading