Air France is cutting its Joon subsidiary's service between Paris and Tehran to the summer season only, blaming a poor economic performance over two years in operation. "Air France has decided to adapt its programme to better match demand," a spokeswoman said by email, adding that the...

WASHINGTON (AP) — The White House said Monday it would postpone a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the U.S. prepares for tense trade talks in...

State run Saudi Aramco, the world's top oil company, said Sunday it has appointed five new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives. The appointments come as the Saudi government plans to...

 Iraq has awarded Iraqi-owned United Arab Emirates-based Crescent Petroleum three exploration blocks in an oil and gas exploration and development contract auction Thursday and China's Geo-Jade won two. United Energy Group, also based in China, won one contract and a total of five...