Online streaming top earner for US music business
Streaming has become for the first time the top money-maker for the US recorded music business, but it has struggled to offset falling CD...
Lebanese pound weakens during a coronavirus lockdown
Since the government declared a medical emergency on March 15, Lebanon's cash-strapped banks have limited their services to critical imports and paying out salaries...
Richest 62 people own same as half world's population – Oxfam
The wealthiest 62 people now own as much as half the world's population, some 3.5 billion people, as the super-rich have grown richer and...
Malaysia dissolves 1MDB advisory board
Malaysia's finance ministry said on Wednesday it would dissolve the board of advisers at 1Malaysia Development Berhad (1MDB) and take over its remaining assets,...
Businesses Flock to Saudi Arabia’s Future Investment Initiative
RIYADH, Saudi Arabia (AP) — Saudi Arabia has opened a major investment conference aimed at shining a spotlight on the country's efforts to diversify...
Turkish economy risks losing $9 billion over Russia situation
Tensions with Russia could cost Turkey's economy nine billion dollars in the worst case scenario of "zero relations", Turkish Deputy Prime Minister said Monday.
Moscow...
Nigeria's Barkindo emerges as frontrunner for OPEC boss
A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be...
Messaging app Line soars in Wall Street debut
Shares in the Asian hit messaging app Line surged 33 percent in the first day of trade in New York Thursday in a market...
Oil price slump should not stop investments: Al-Naimi
Saudi Arabia has called for sustained investment in new output capacity despite the slump in world prices.
Ali Al-Naimi, minister for petroleum and mineral resources,...
More women executives mean more profits, according to study of 91 countries
Companies with 30 percent female executives rake in as much as six percentage points more in profits, according to a study on Monday, feeding...
