Oil up as Kuwait revives hope for output freeze deal
Oil prices climbed in Asia Wednesday after Kuwait said an agreement to freeze output during a producers' meeting this month could still be reached...
GCC debt to double, assets to slide by 2020
Public debt of the oil-rich Gulf states is expected to double and assets decline by a third by 2020 as they seek to finance...
Dutch Supreme Court seeks European clarification on Pirate Bay
The Dutch Supreme Court referred a landmark case against the file-sharing website Pirate Bay to the European Court of Justice on Friday, a move...
Saudi posts record $98 billion deficit in 2015
OPEC kingpin Saudi Arabia posted a record $98 billion budget deficit in 2015 due to the sharp fall in oil prices, the finance ministry...
Yuan sends Saudi Riyal devaluation wagers to a high
A key currency indicator in Saudi Arabia rose to the highest level since 2008, signaling that some traders are increasing bets that the riyal...
Pokemon Go seen making billions for Apple
Apple Inc stands to rake in $3 billion in revenue from the Pokemon Go craze in the next one to two years as gamers...
Oil prices slide as Britain votes to leave EU
World oil prices plunged Friday, mirroring sentiment on stock markets, as the dollar strengthened in reaction to Britain voting to bolt from the European...
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...
Oil slump has uneven impact on global prices at the pump
A dramatic drop in oil prices is translating into a mixed bag for motorists across the globe - from hefty savings at the pump...
European shares slip lower, led by Germany
European shares fell on Tuesday following strong gains in the previous session, with Germany underperforming after reporting industrial orders unexpectedly fell in August.
Data showed...
