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...

OPEC and its allies look set to extend oil supply cuts this week at least until the end of 2019 as Iran joined top producers Saudi Arabia, Iraq and Russia in endorsing a policy aimed at propping up the price of crude amid a weakening global economy. Iranian Oil Minister Bijan Zanganeh told...