Oil slides after Iran snubs output freeze deal
World oil prices fell sharply on Monday after Iran reportedly announced over the weekend that it would not to join a proposed output freeze...
Apple fading out Beats streaming music brand
Apple is ending the Beats streaming music service on November 30 as it seeks to bring users to its newly launched Apple Music.
The move,...
Microsoft to buy LinkedIn for $26.2 bln
Microsoft Corp agreed to buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, combining the software giant's fast-growing cloud services business with the...
Lebanon govt likely to approve budget by mid-March-finance minister
Lebanon's 2018 budget will likely be approved by cabinet before mid-March, its finance minister said on Thursday, as the heavily indebted country seeks to...
IMF and other G20 finance VIPs urge action on reforms
Officials at a global finance meeting Friday in Shanghai urged governments to speed up promised job-creating reforms instead of relying on stimulus to perk...
Iran pushes OPEC oil output to new high as sanctions are lifted
Iran provides biggest increase after sanctions lifted * Saudi Arabia, Iraq also pump more in January * Indonesia's return boosts absolute level of OPEC...
Lebanon faces economic ‘catastrophe’ according to the new Prime Minister
Debt-ridden Lebanon faces an economic "catastrophe", Prime Minister Hassan Diab said on Wednesday as his newly unveiled cabinet met for the first time.
The U.S....
Saudi Prince Mohammed considering subsidy cuts after oil price slump
Saudi Arabia may reduce energy and water subsidies for wealthy citizens among other reforms to diversify its economy away from oil amid a sustained...
Iraq asks BP to study developing Kirkuk oilfields
Iraq has asked British energy giant BP to draft a study on boosting production in all the oilfields of northern Kirkuk province, Oil Minister...
Lebanon currency in free-fall amid political impasse
BEIRUT (AP) — Lebanon's currency continued its downward spiral Wednesday, reaching a new low before the dollar and raising such alarm that it prompted...
