Europe shares rise as firm dollar takes shine off euro
European shares started the week strongly on Monday, buoyed by gains on Wall Street and a weaker euro, while the dollar rose after upbeat...
Uber to expand Africa operations
Uber is expanding in Africa.
The ride-hailing company said Thursday that it plans to start operating in the capitals of Ghana, Uganda and Tanzania within...
Oil rises after Saudi Arabia reiterates willing to work with non-OPEC
Oil prices turned around to rally on Monday after the Saudi Arabian cabinet said in a statement the kingdom remained ready to work with...
OPEC sees non-cartel oil supply falling in 2016
OPEC said Thursday that it expects oil production by countries outside the cartel to fall in 2016 by more than it previously forecast, in...
Tumbling oil triggers Tadawul panic selling
Panic selling again gripped Saudi stock market on Wednesday due to weak oil prices, causing the Tadawul All-Share Index to plunge below 8,000 points.
The...
Shell and BG shareholders to vote on merger
Royal Dutch Shell and BG Group shareholders are expected to vote on the merger of the two companies on Jan. 27 and 28, respectively,...
Emergency $5 billion loan as virus deaths climb to 429 in Iran
To help fight the spread of a new virus that’s swept across the country infecting more than 10,000 people and killing hundreds, Iran said...
Saudi Arabia declares stock market open to foreign investors
Saudi Arabia’s stock market, the Tadawul, on Monday opened to foreign investors, a long-awaited move for the Middle East’s largest bourse.
Despite a market capitalization...
OECD calls for reforms to wake up growth
With little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on...
Oil-rich Congo's Sassou to boost budget in election year
Congo Republic plans to increase its budget by more than a third this year despite low oil prices, according to a draft report seen...
