Saudi Arabian billionaire Prince Alwaleed bin Talal is to invest more than $800 million in hotels in Egypt, the investment ministry in Cairo said on Monday.

South Korean prosecutors on Monday demanded a 12-year prison term for the heir to the Samsung empire, who is on trial for corruption in connection with the scandal that brought down the country's last president. 

European stock markets mostly rose on Monday, as investor enthusiasm grew over bright jobs data in the United States.

French automaker Renault signed on Monday a long-awaited joint venture deal with Iran worth  660 million euros ($779 million) to build up to 300,000 cars per year.

When a cash crisis struck the war-torn North African country of Libya, many people were forced to queue for days to withdraw their savings.

Britain's state-rescued Royal Bank of Scotland has picked Amsterdam as a post-Brexit EU base, it said Friday as it rebounded into second-quarter profit.

The beleaguered dollar struggled to recover from a fresh slump Friday triggered by a report on the probe into alleged Russian interference in the US election.

Singapore Airlines said Friday it is offering cabin crew unpaid leave in a cost-cutting measure as it struggles to keep up in an increasingly tough market. 

Rio de Janeiro hotels nearly doubled capacity for the Olympics, but had a problem once sports fans went home: the tourism industry had checked out with them.

After being criticized for not having enough rooms in the buildup to the Games, Rio energetically boosted bed numbers, hoping that this would also benefit the famous seaside city afterward. And during the Olympics last August things looked good: occupancy reached 76 percent.

Apple, Huawei and Amazon boosted tablet sales over the past quarter, despite the ongoing slump in the overall market for the devices, surveys showed Thursday.