Iraq's oil exports from its southern ports have reached 3.42 million barrels per day (bpd) so far in July, two oil officials told Reuters Monday. Exports from its southern Basra terminals fell to 3.39 million bpd in June from 3.441 million bpd in the previous month. Officials...

U.S. regulators have approved a $5 billion penalty to be levied on Facebook to settle a probe into the social network's privacy and data protection lapses, the Wall Street Journal reported Friday. The newspaper said the Federal Trade Commission approved the settlement in a 3-2 vote,...

(Eqtsad)- The Syrian Federation of Commerce Chambers said Thursday that a work team was formed to contact fleeing businessmen and investors during the eight-year-old war to urge them to come back and invest again in Syrian to boost the the post-war economy. Experts voiced concern over...

South Korea said on Thursday it may retaliate against Japan’s latest export limits on high-tech materials, as a row over forced wartime labor threatened to disrupt global supplies of memory chips and smartphones. Samsung Electronics Co and SK Hynix Inc  the world’s top memory...