Oil prices rose on Wednesday after a surprise drop in U.S. crude inventories, but demand concerns amid record increases in COVID-19 infections in some U.S. states capped gains. Brent crude futures LCOc1 rose 54 cents, or 1.3%, to $43.76 a barrel by 0923 GMT. U.S. West Texas Intermediate...

First Abu Dhabi Bank, the United Arab Emirates' biggest lender, said Tuesday its net profits for the second quarter and first half of 2020 had plunged due to the impact of coronavirus. FAB's net profit for the second quarter of this year dropped 25 percent to $657 million compared to $872...

Turkey could pause energy-exploration operations in the eastern Mediterranean Sea for a while pending talks with Greece, presidential spokesman Ibrahim Kalin said Tuesday. In an interview with broadcaster CNN Turk, Kalin said President Tayyip Erdogan had requested that operations be put on...

Wall Street is in the throes of a gold rush, as investors drive the price of the precious metal to new heights. Gold has been the best investment of the year so far. The price of the precious metal has climbed nearly 27% this year, more than triple the return of the largest US bond funds...