Saudi Arabia and Japan's SoftBank Group (9984.T) will create a technology investment fund that could grow as large as $100 billion, making it one of the world's largest private equity investors and a potential kingpin in the industry. The move is part of a series of dramatic business...

U.S.-launched Tomahawk cruise missiles destroyed three coastal radar sites in Houthi-controlled territory on Yemen's Red Sea Coast early Thursday, officials said, a retaliatory action that followed two incidents this week in which missiles were fired at U.S. Navy ships. The strikes marked...

Forces loyal to Yemen's exiled government clashed with Houthi fighters over a strategic town close to the border with Saudi Arabia on Wednesday in a sign a new front may be opening in the 19-month-old civil war. Officials from the internationally recognized government of President Abd-Rabu...

Saudi Arabia's Energy Minister Khalid al-Falih said on Monday that OPEC needs to ensure it does not crimp oil supply too tightly and give the market a harmful shock, and said he was optimistic a production deal could be reached by November. Speaking at the World Energy Congress in Istanbul,...