The European Central Bank has vowed to come up with a new, unspecified market backstop that could be used to buffer some countries against bond market...
Swedish furniture giant Ikea said Wednesday it would “scale down” its activities in Russia and Belarus, after putting them on hold following the Russian invasion of...
Lebanon’s Caretaker Energy Minister Walid Fayad on Wednesday extended the country’s second oil and gas licensing round for eight remaining blocs until December 15, a statement...
Turkey’s Kalyon Holding is in advanced stages of talks with Abu Dhabi’s International Holding Company on setting up a strategic partnership for energy assets, according to...
Australia’s energy regulator seized control of the national power grid Wednesday, suspending a market-based system roiled by soaring prices and the threat of widespread blackouts. The...
UAE’s economy ministry has ordered the suspension of exports and re-exports of wheat and wheat flour originating from India for a period of four months, state...
Saudi Arabia was ranked as the seventh most competitive economy among G20 countries in the World Competitiveness Yearbook 2022, surpassing many major countries such as Japan,...
Saudi Arabia’s consumer price index rose 2.2 percent in May from a year earlier, government data showed on Wednesday, slowing from a 2.3 percent pace in...
Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of...
Coinbase Global Inc. announced Tuesday will lay off 18 percent of its workforce in another sign of a worsening crypto downturn that’s shaved off hundreds of...
