Stocks are tumbling again Wednesday, and indexes lost 5 percent as Wall Street keeps reeling on worries about the coronavirus. The losses deepened after health authorities declared the crisis a pandemic, and the U.S. stock market came to the brink of ending one of its greatest-ever runs....

Behind a black gate in an upscale Beirut suburb, the head of Lebanon’s banking lobby implored the government to hold firm against the latest crisis, pay the country’s debts and safeguard its financial industry. “A stable economy is largely dependent on a strong banking sector,” said...

Russian Energy Minister Alexander Novak said on Wednesday that Saudi Arabia’s plans to hike oil production and discount its crude prices was “probably not the best option” as disagreements over output policy between the two suppliers intensified. Riyadh said on Wednesday it planned to...

Saudi Arabia’s energy ministry has directed oil producer Saudi Aramco  to raise its output capacity to 13 million from 12 million barrels per day , CEO Amin Nasser said in a statement on Wednesday. “The company is exerting its maximum efforts to implement this directive as soon as...