Dubai's DP World said Wednesday it is partnering with an Israeli group to bid for one of Israel's two main ports and possibly open a direct shipping line between the two Middle East states. The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to...

China on Tuesday said it has decided to exempt tariffs on some US products for one more year, a move seen as another concession in an ongoing trade dispute between the two economic giants. The Customs Tariff Commission of China’s State Council said no additional tariffs will be imposed on...

Oil prices edged lower on Tuesday as worries over a slow recovery in global fuel demand, depressed by the coronavirus pandemic, chimed with bleak outlook warnings by major oil producers. Brent crude  was down 4 cents, or 0.1%, at $39.57 a barrel by 0642 GMT, while U.S. West Texas...

The French economy will contract by 8.7 percent this year owing to the Covid-19 pandemic, the central bank estimated Monday, less than originally forecast due to consumer spending. The Bank of France had previously expected a 10.3-percent slump as companies reel from the impact of...