Major banks in Saudi Arabia reached settlements worth a combined 16.7 billion riyals ($4.5 billion) with the kingdom’s tax authority over a religious levy the lenders had been kicking against. The deals come as the world’s largest crude exporter predicts a budget shortfall of 131 billion...

The U.S. dispute with China over a ban on tech giant Huawei is spilling over to Europe, the company's biggest foreign market, where some countries are also starting to shun its network systems over data security concerns. Some European governments and telecom companies are following the...

BERLIN (Reuters) - Germany is to ban flights in and out of the country by Iran’s Mahan Air, which is under U.S. sanctions over allegations it ferries troops and supplies into Syria in support of President Bashar al-Assad, a newspaper reported on Friday. Bild said the German government...

One of Libya's largest oil fields has been out of production for more than a week, the state-owned National Oil Corporation said Tuesday, blaming a militia for the shutdown. The NOC said early last week that an armed group had seized the Sharara site, prompting it to declare "force...