German high-end carmaker BMW on Friday recalled thousands of diesel cars for a software update, after reports it had admitted to authorities they released more harmful emissions on the road than in the lab. BMW "noticed during internal testing that correctly programmed software was...

The recent natural gas agreement on Monday between Israel and Egypt is more symbolic than viable with the aim of fabricating a gas market in Egypt to send a message that Jordan is not Israel's only market in the region, according to the director of hydrocarbons at the Paris-based Mediterranean...

LONDON- The number of hedge funds focused on trading cryptocurrencies more than doubled in the four months to Feb. 15, despite sharp falls in the value of the virtual coins in recent weeks, data from fintech research house Autonomous NEXT showed Thursday. The firm recorded a...

Turkish and South Korean companies on Thursday signed a concession agreement to build the Big Almaty Ring Road (BAKAD) project in Kazakhstan. The Turkish firms, Makyol Construction and Alsim Alarko, and South Korean companies -- Korean SK and Korea Expressway Corporation -- inked the...