South African President Cyril Ramaphosa Monday delivered a stinging rebuttal to criticism of China's development aid in Africa, following a pledge by Chinese President Xi Jinping to invest $60 billion in the continent. Speaking at a summit on China-Africa cooperation, Ramaphosa said the...

Saudi Arabia’s sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser, in its highest-profile appointment of any global manufacturing executive. Liveris will work closely with the Public Investment Fund on matters of strategic...

Turkey raised natural gas prices over the weekend by as much as 14 percent, two sources said, while the energy regulator announced a similar increase in electricity costs as a deepening currency crisis stokes inflation. The lira has fallen 42 percent against the dollar this year, hit by...

The U.S. military said it has made a final decision to cancel $300 million in aid to Pakistan that had been suspended over Islamabad’s perceived failure to take decisive action against militants, in a new blow to deteriorating ties. The so-called Coalition Support Funds were part of a...