The pound dove to a 31-year low under $1.28, bond yields were squeezed and equities hammered as the growing shadow of the Brexit vote over the global economy sent traders fleeing to safety.

Receptionist, waiter, hairdresser, pastry-seller: these are the jobs of the ambitious young Syrians who abandoned their dreams in Damascus to start from scratch in Istanbul.

The European Union's top economic official on Tuesday criticized a British proposal to slash corporate tax to less than 15 percent following the nation's vote to quit the bloc.

The tourists are so scarce you can hear their footsteps clattering down the empty shopping street. Nearly a week after the deadly airport bombings, it is eerily quiet in Istanbul.

Venezuela's oil revenues plummeted 40.7 percent in 2015 due to sinking global oil prices, the country's state-owned PDVSA said in its annual report released Sunday.

PDVSA -- the world's fifth-largest oil company -- earned $72.2 billion in revenues last year, a sharp drop from 2014's $121.9 billion.

British finance minister George Osborne plans to slash corporation tax to under 15 percent to tempt businesses to stay following the country's shock vote to leave the European Union, the Financial Times reported Sunday.

Two Abu Dhabi-based banks have agreed to merge to create the single largest lender in the Middle East and North Africa, a statement said on Sunday.

A consortium led by US firm Noble Energy has approved a $265-million project to sink a new well in a major natural gas field off Israel, officials said Sunday.

The entire management of Iran's development fund was forced to resign on Saturday as part of a mounting scandal over lavish executive salaries, the ISNA news agency reported.

Sri Lanka's president on Saturday bowed to pressure from activists and replaced the country's controversial central bank chief, appointing a respected economist to the top job.