Turkey's central bank, faced with a record-low currency and widening current account deficit, further left behind ultra-loose measures adopted during the coronavirus pandemic when it raised Monday the remuneration rate on required lira reserves. The weakness of the lira, near an all-time...

Libya’s national oil company announced Sunday it is resuming production at the country’s largest oil field as rival officials from eastern and western Libya began peace talks, part of preliminary negotiations ahead a U.N.-brokered dialogue set to take place next month. The National Oil...

Turkey's leading business groups urged Saudi Arabia Saturday to take action to improve trade relations as Turkish firms encounter growing problems in doing business with the Gulf Arab state. Saudi Arabia and Turkey have been at odds for some years over foreign policy and attitudes towards...

The US dollar is making a comeback as the favored currency in communist-run Cuba as the country prepares to devalue the peso to relieve pressure on a battered economy. Cuba has a unique system whereby two official currencies have existed side-by-side for nearly three decades, the Cuban peso...