The Paris city council member in charge of housing said Thursday that he would propose outlawing home rentals via Airbnb and other websites in the city centre, accusing the company of forcing residents out of the French capital. Ian Brossat told AFP he would also seek to prohibit the...

Share prices on the Saudi stock exchange dived on Wednesday after a panic selloff on concerns a downturn in emerging markets could hit the oil-rich Gulf kingdom. The Tadawul All-Shares Index (TASI) dipped 3.1 percent to a five-month low of 7,719.10 points, partly recovering early losses...

Saudi Arabia’s sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser, in its highest-profile appointment of any global manufacturing executive. Liveris will work closely with the Public Investment Fund on matters of strategic...