Picture used for illustrative purpose only.
Emirates airlines ranked among the top five globally by number of passengers and volume of air cargo flown in 2018, according to the latest report by International Air Transport Association’s (IATA).
The Emirates Group on Thursday announced its half-year results for its 2019-20 financial year.
The number of passengers flying with Russian airlines fell by 26.6% in March, Russia’s federal aviation agency Rosaviatsiya said on Thursday, citing restrictions imposed in connection with curbing the spread of the coronavirus.
Spot gold jumped 1.6% to $1,942.45 per ounce by 0816 GMT, rebounding from a 2.5% drop in early Asian trade. US gold futures rose 0.2% to $1,949.40.
The dollar, which has held above a two-year low hit on Thursday of 92.495, was down nearly 0.1% against a basket of currencies at 93.643, after shedding gains made in Asian trading.
Brent crude was up 52 cents, or 1.2%, at $45.02 a barrel by 0648 GMT, after falling around 1% on Tuesday. West Texas Intermediate oil was up 49 cents, or 1.2%, at $42.10 a barrel, having dropped 0.8% in the previous session.
Britain officially entered recession in the second quarter after gross domestic product (GDP) contracted by 2.2 per cent in the first three months of the year. The technical definition of a recession is two quarterly contractions in a row.