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Oil prices rebound from nearly 9-month low

New York, U.S. | Xinhua | Oil prices rose on Tuesday after hitting their lowest levels since January in the prior session. The West Texas Intermediate for November delivery increased 1.79 U.S. dollars, or 2.3 percent, to settle at 78.5 dollars a barrel on the New York Mercantile Exchange. Brent crude …

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41st ICAO Assembly to focus on continued recovery of air sector

ICAO’s latest analyses showed air transport seat capacity and passenger totals globally have reached an estimated 80 percent of pre-pandemic levels Montreal, Canada | Xinhua | More than 2,500 delegates from around the world are gathering in Montreal, Canada, to secure the highest possible standards in global aviation with a focus …

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EU buys additional vaccine doses in fight against monkeypox

Brussels, Belgium | Xinhua | The European Commission on Monday said it had secured over 10,000 tecovirimat vaccines against monkeypox, despite the declining number of cases in the European Union (EU). The Commission said the emergency procurement adds to the 334,000 vaccines already purchased by the EU. The purchase was funded …

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China EximBank increases loans to foreign trade industry

Beijing, China | Xinhua | The Export-Import Bank of China (China EximBank) offered 1.25 trillion yuan (about 178.78 billion U.S. dollars) in loans to the foreign trade industry in the first eight months of 2022, up 26.03 percent year on year. By the end of August, the bank’s outstanding loans to …

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