Long-hauled carrier Emirates is buying five Boeing 777 freighters in a deal valued at more than $1.7 billion, further expanding its cargo flight capacity, the two companies announced Tuesday.

Emirates previously announced a $1 billion investment to its cargo flights, including buying two new Boeing 777s and converting 10 Boeing 700-300ER passenger planes into freighter aircraft. The two new aircraft joined Emirates' fleet in 2022, while the conversions are scheduled to begin in 2023.

The Lebanese pound's market value reached again 39,000 against the dollar Tuesday after it had slightly recovered in the past few weeks.

Last month, the dollar exchange rate had dropped from LBP 40,600 to 36,000 on the black market, shortly after Central Bank Governor Riad Salamah said in a statement that the Central Bank would stop buying dollars on the Sayrafa platform.

The European Union threatened Monday to take retaliatory measures against the United States for electric car subsidies that favor domestic manufacturers.

Britain on Monday scrapped plans for a new "national flagship" to host trade events and promote its post-Brexit interests around the world, as the government cuts spending amid gloomy economic forecasts.

Global stock markets mostly rose Monday, extending last week's strong gains, while dollar dipped against key rivals ahead of this week's U.S. midterm elections.

The American father and son duo who helped former Nissan chairman Carlos Ghosn dramatically escape from Japan have been returned to the United States after spending 20 months in Japanese jails, their lawyer said Monday.

A UK trade minister arrived in Taiwan on Monday for the first in-person talks since the coronavirus pandemic in a bid to boost ties with the self-ruled island, sparking a rebuke from Beijing.

The U.S. Embassy in Beirut has announced the expansion of interview waiver eligibility for Lebanese citizens who are renewing B1/B2 tourist and business visas.

Lebanese citizens of ages 50 and older and whose B1/B2 visas have expired within the last 24 months may qualify for Interview Waiver which allows for visa renewal without an interview.

Apple Inc. is warning customers they'll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor's factory in central China.

The company announcement Sunday gave no details but said the factory operated by Foxconn in the central city of Zhengzhou is "operating at significantly reduced capacity."

A parliamentary committees session to discuss the long-awaited capital control law was adjourned Monday due to the absence of Central Bank Governor Riad Salameh, Deputy Speaker Elias Bou Saab said.