Emirates Airline reported on Thursday an 86 percent drop in its half year results due to a hike in oil prices, the company said in a statement.

The pound plunged against the dollar and euro Thursday after ministers, including Britain's Brexit secretary Dominic Raab, quit in protest against a draft deal to exit the EU.

Qatar's economy is growing despite a bitter trade and diplomatic rift with neighboring former allies, the IMF said Wednesday after a week-long visit to the Gulf state.

Hundreds of fluttering red flags, buses emblazoned with "China Aid" logos and even a purpose-built pagoda: driving around Port Moresby, you could be forgiven for thinking that Xi Jinping is hosting this week's APEC summit of Asia-Pacific leaders.

U.S. President Donald Trump's decision to skip the summit in Papua New Guinea has allowed the Chinese leader to take center stage, an opportunity that Beijing is seizing with relish.

Germany's years-long run of steady growth came to a screeching halt in the third quarter, official data showed Wednesday, with a widely-expected bottleneck in the vital car industry matched by broader structural concerns.

Federal statistics authority Destatis reported a 0.2-percent slump in gross domestic product (GDP) between July and September -- the first fall in the measure since early 2015 and worse than forecast by analysts after months of troubling economic indicators.

With growing innovation in the financial sector and a move towards a cash-less society, there is a role for central banks to enter the world of digital currencies, IMF chief Christine Lagarde said Wednesday.

State-owned Emirati energy giant ADNOC signed a concession deal with Italy's Eni on Tuesday for the production of natural gas from an offshore mega project, a statement said.

Under the 40-year contract, Eni was granted a 25-percent stake in the multi-billion dollar project in the Hail, Ghasha and Dalma fields, ADNOC said in a statement.

Italy's populist government was set Tuesday to defy the European Commission, preferring to risk financial sanctions than revise its big-spending budget.

Goldman Sachs "cheated" Malaysia, its leader Mahathir Mohamad said, after two former bankers from the Wall Street titan were charged over a scandal that allegedly saw billions looted from state coffers.

Economic growth in the energy-rich Gulf will recover in 2018 from a contraction last year but remains vulnerable to volatility in crude oil prices, the IMF said on Tuesday.