The United Arab Emirates' Borouge signed a 5.8 billion UAE Dirhams ($1.58 billion) partnership agreement with French company Technip Energies NV to expand the Borouge 4 polyolefin facility in Ruwais, the Abu Dhabi media office said on Friday.
Global economic growth projections from the International Monetary Fund will likely be downgraded due to the emergence of the Omicron variant of the coronavirus, IMF Managing Director Kristalina Georgieva said on Friday.
Britain is encouraged that U.S. President Joe Biden's administration is taking steps to de-escalate the situation over tariffs on steel and aluminium imports, a spokesman for Prime Minister Boris Johnson said on Thursday.
Threats and coercion by China towards Taiwan increase the need for the United States to help Taiwan maintain a credible self-defense, the top U.S. diplomat for Asia said on Thursday.
Ukraine's Foreign Minister Dmytro Kuleba met the European Union's top diplomat Josep Borrell on Thursday to speed up work on specific economic restrictions which could hit the Russian economy if Moscow launches a new offensive, Kuleba said.