Plunging oil prices have increased the urgency for Algeria to reform its economy, politicians and business leaders said Monday. Energy Minister Mohamed Arkab said the country had been in "permanent consultations" with other oil producers after the collapse on Friday of an OPEC supply deal,...

Trading on Wall Street was temporarily halted early Monday as U.S. stocks joined a global rout on crashing oil prices and mounting worries over the coronavirus. The suspension was triggered after the S&P 500's losses hit seven percent, with trading resuming after 15 minutes. After...

Stock markets in the energy-rich Gulf states nosedived at the start of trading Monday after oil prices crashed amid a price war after oil producers failed to reach agreement. Kuwait's Premier index tumbled 9.5 percent and trading was temporarily suspended, while the All-Shares Index lost...

LONDON (Reuters) - Lebanon’s banks are ready to talk with the country’s foreign creditors as the government seeks to restructure its debt, a source familiar with the matter said on Saturday. Houlihan Lokey has been appointed financial adviser by the Association of Banks in Lebanon...