Business
Latest stories
Airbnb Imposes Limit on London Home Rentals

Airbnb will impose a 90-day limit on the sharing of private homes in London, the home rentals website has revealed amid fears over the British capital's housing market.

The online lettings firm announced the move on Thursday after studying its impact in London and elsewhere, adding it would also enforce a 60-day limit in Amsterdam.

W140 Full Story
Russia Says Foreign Spies Plotted Huge Cyberattack

Russia on Friday said it had uncovered plans by foreign intelligence services to carry out massive cyberattacks this month targeting the country's financial system.

The FSB security service said in a statement that it had received information on "plans by foreign secret services to carry out large-scale cyberattacks from December 5."

W140 Full Story
Turkey Detains Business Executive, Alleging Gulen Link

Turkey has detained an executive from a major business conglomerate under a probe into supporters of the Muslim cleric blamed for July's failed coup, state media reported Thursday.

W140 Full Story
Putin Demands Economic Reforms after 2018 Polls

Russia needs to introduce economic and tax reforms to end its stagnation, President Vladimir Putin said Thursday, urging the government to plan for 2019 and beyond, after the 2018 presidential polls.

W140 Full Story
Iran Claims Victory in OPEC Oil Deal

Iran claimed victory after it was spared any of the cuts in oil production accepted by other OPEC members, including its bitter regional rival Saudi Arabia, to tackle a global glut.

W140 Full Story
UK May Pay for EU Single Market Access after Brexit

Britain would consider paying for continued access to the European single market after it leaves the EU, a senior minister said Thursday, boosting investors' hopes of a "soft Brexit".

W140 Full Story
Britain to Brief Foreign Press on Brexit to Counter 'Misreporting'

British Prime Minister Theresa May's office will hold regular briefings with foreign journalists from early next year to counter "misreporting" about its plans for Brexit, a spokeswoman said Thursday.

W140 Full Story
Coca-Cola Opens First Factory in Gaza Strip

Coca-Cola formally has opened its first factory in the Gaza Strip, the company announced Wednesday, in a move that could create hundreds of jobs in the beleaguered Palestinian enclave.

W140 Full Story
Ambassador Shorter Inaugurates UK Funded Projects in Bekaa

As part of the UK’s ongoing partnership with the Ministry of Social Affairs, British Ambassador Hugo Shorter returned to the Bekaa to inaugurate four additional UK funded projects under the Lebanon Host Communities Support Program, a close partnership between the Ministry of Social Affairs and the United Nations Development Program, a press release said Thursday.

W140 Full Story
Oil Resumes Rise after OPEC Cut

Oil prices resumed their rise Thursday and held above the $50 barrier following OPEC's decision to carry out its first output cut in eight years.

W140 Full Story