European aerospace giant Airbus reported Wednesday a third quarter net profit of 957 million euros ($1.1 billion), more than triple the 2017 performance. The company, which rivals Boeing of the US, said it was maintaining its forecast for deliveries of 800 commercial aircraft this year...

According to Saudi Energy Minister Khalid al-Falih, no one has any idea how much oil Iran will be able to export after new U.S. sanctions against the Islamic Republic kick in on Nov. 4. But more precisely, Iran’s shipment figures crucial to oil markets are already a mystery. Iran’s...

Banking giant HSBC said on Monday that pre-tax profit rose 28 percent to $5.92 billion in the third quarter, boosted by "strong revenue growth" in its main global businesses. Adjusted pre-tax profit rose 16 percent year-on-year to $6.2 billion, reflecting revenue growth that was partly...

Foreigners sold a net 2.34 billion riyals ($624 million) in the Saudi stock market in the week ending Oct. 25, but the bourse was supported by local institutions which bought 8.06 billion riyals worth of stocks, stock exchange data showed. The foreign selling slowed from a record 4.01...