Oil held near $46 a barrel on Wednesday, close to its highest since March, lifted by U.S. producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura and a report showing a drop in U.S. crude inventories. Renewed worries over the COVID-19 pandemic, which...

Top Chinese and US negotiators spoke on the phone Tuesday about their phase one economic deal, Beijing's commerce ministry said, amid soaring tensions between the two sides on several fronts. The US and China signed the accord in January, bringing a partial truce in their lingering trade...

When Deniz Tas reopened his 660-room hotel on Turkey's sparkling Aegean coast in July he had only a modest goal - to break even for the rest of a tourist season devastated by the coronavirus lockdown. For hotels across Turkey 2020 has become a fight for survival, with the outcome crucial...

Bahrain's government has raised its debt ceiling to 15 billion dinars ($39.79 billion) from 13 billion dinars to help finance public spending, the cabinet said Monday, as low oil prices and the coronavirus crisis have dented state revenues. The debt ceiling was also increased to pay for...