Italian giant Eni and fellow petroleum company Shell will stand trial in Italy over allegations of bribery and corruption in the 2011 purchase of an offshore oil block in Nigeria.

Asian markets mostly fell on Wednesday as investors took a breather following recent gains, while US senators voted for a controversial tax overhaul which traders expect to boost corporate profits.

British Prime Minister Theresa May said Tuesday she wanted an "ambitious" trade deal with the EU after Brexit as she chaired the first detailed cabinet discussion on future ties, her spokesman said.

Saudi Arabia said Tuesday it expected to post a budget deficit for the fifth year in the row in 2018, forecasting a shortfall of $52 billion due to low oil prices.

Saudi Arabia will begin issuing tourist visas in the first quarter of 2018, its top tourism official said, a first for the kingdom as it undergoes major economic and social reforms.

Bitcoin burst out of the shadows in 2017, seducing Wall Street and individual investors alike even though many still struggle to understand precisely what it is.

For years, Abu George's bar in Damascus' Old City served imported beers under portraits of famous foreigners Che Guevara and Marilyn Monroe -- but the brews on offer now are Syrian-made.

The global economy is enjoying a Goldilocks moment, with growth and inflation neither too hot nor too cold.

Saudi Arabia appears set to post a lower-than-expected budget deficit this year as oil revenues rebounded and the kingdom kept public spending in check, official figures showed Monday.

Lebanon’s postal operator, LibanPost, recently participated in two recent regional conferences focusing on the growing influence of e-commerce in the global economy.

Sales from e-commerce, the buying and selling of goods and services online, reached $2.2 trillion in 2017, according to market researcher firm eMarketer. This figure is expected to rise to an estimated $4.4 trillion per year by 2021, which would account for 16% of retail sales worldwide.