Emirates Airline said Sunday it will cut "a few" jobs in the face of the downturn over the coronavirus crisis, but did not specify the extent of the layoffs. "We reviewed all possible scenarios in order to sustain our business operations, but we have come to the conclusion that we...

Venezuela will increase fuel prices in June, the president said, putting a limit on state subsidies that for decades had allowed citizens to fill their gas tanks virtually for free. Although the country has huge oil reserves, production has collapsed and Venezuelans are facing dire...

Oil prices edged lower on Friday, set to post their first weekly fall in five weeks, after U.S. inventory data showed lacklustre fuel demand in the world’s largest oil consumer while worsening U.S.-China tensions weighed on global financial markets. Brent crude slipped 43 cents, or 1.2%,...

Turkey's economy grew 4.5% year-on-year in the first quarter of 2020, the country's statistical authority announced Friday. According to the Turkish Statistical Institute (TurkStat), gross domestic product (GDP) at current prices amounted to 1.07 trillion Turkish liras ($176.1 billion) in...