(Zaman Al Wasl)- The Syrian pound (Lira) weakened against the U.S. dollar on Wednesday despite regime promises to revive the economy following the sign of  'strategic economy deals with Iran. The dollar was up 0.30 percent at 530 S.P in two weeks. Bashar al-Assad on...

E-commerce giant Alibaba Group Holding Ltd’s quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers away during its top-sale season. The result is likely to add to investor worries as it...

The FBI is investigating Chinese economic espionage in nearly all of its 56 field offices around the country, underscoring the depth of the threat to US business, Director Christopher Wray told Congress Tuesday. "China writ large is the most significant counterintelligence threat we face,"...

The next round of US-China trade talks will resume Wednesday and Thursday in Washington to try to find a way out of the tariff battle between the two powers. Here is a look at all the presidents' negotiators representing Xi Jinping and Donald Trump: - China's economic pilot Liu He -...

The pound ticked up slightly in Asia on Wednesday after suffering heavy losses on worries about a possible no-deal Brexit, while regional equities were mixed ahead of crunch trade talks between China and the United States. MPs on Tuesday returned to Westminster to vote on a series of...

Apple is aiming to show it can do more than just make iPhones in a quarterly update Tuesday for investors who are skeptical over whether the culture-changing company can regain the momentum from its glory days. In recent weeks, Apple shares have been hammered on concerns that its best days...

The operator of Japan's All Nippon Airways said Tuesday it has decided to order a total of 48 aircraft from Boeing and Airbus for deliveries from 2021 through 2025. ANA Holdings said it would buy 30 Boeing 737 MAX 8 planes and 18 Airbus A320neo units, citing growing demand in the region and...

The US Justice Department on Monday unveiled sweeping charges against Chinese tech giant Huawei in two cases likely to ratchet up tensions between the two superpowers -- including that of a top executive arrested in Canada on a US warrant. The department unveiled 13 charges against Huawei...

The crisis in OPEC member Venezuela could impact the oil market balance, Saudi Energy Minister Khalid al-Falih told Al-Arabiya news channel Monday. "Of course, developments in Venezuela may have an impact on the [oil] markets ... We are watching developments there and there could be an...

Abu Dhabi's state oil firm said Sunday it had signed partnership deals worth $5.8 billion with Italian oil giant Eni and Austria's OMV, awarding them key stakes in its refining arm. Under the agreements, Eni will own 20 percent and OMV 15 percent of the Abu Dhabi National Oil Co's ADNOC...

With a month left in their truce, senior US and Chinese officials will meet in Washington this week, hoping to move toward a bargain to end their unprecedented trade war. Beijing's trade envoy, Chinese Vice Premier Liu He, will lead a 30-person delegation at the invitation of US Treasury...

The US Federal Reserve will hold its fire this week, leaving interest rates untouched and letting markets calm down after a tumultuous end to 2018. Coming off Wall Street's worst December since the Great Depression and amid mounting fears about the global economy, Fed policymakers are now...

As the ECB takes the final step in phasing out the 500-euro note, few are expected to mourn a bill favoured by criminals but rarely seen in daily life. Except perhaps in cash-loving Germany. From Sunday, central banks in 17 of the 19 eurozone countries will stop issuing the...

Cracks are opening in China's mighty economy: investors are backing away from deals, factories are moving abroad and companies are shedding jobs. The world's second-largest economy is losing steam, hitting its slowest growth in almost three decades last year, and flagging further in recent...

Canadian Prime Minister Justin Trudeau announced on Saturday that he fired his country’s Beijing envoy. “Last night I asked for and accepted John McCallum’s resignation as Canada’s Ambassador to China,” Trudeau said in a statement without elaborating his reasons for the removal....

Venezuela will continue to sell oil to the U.S. despite cutting off diplomatic ties with Washington, President Nicolas Maduro said Friday. Speaking to reporters at Miraflores Presidential Palace in Caracas, Maduro said cutting diplomatic relations would not affect oil trade with the U.S....

Brazilian aircraft manufacturer Embraer on Thursday signed an agreement for the sale of its commercial divison to Boeing -- and set the date for a shareholders meeting to approve the tie-up on February 26. Despite initital reservations, Brazil's President Jair Bolsonaro already gave the...

It has featured among complaints by French "yellow vest" protesters and in populist Italian rhetoric: Africa's CFA franc currency has become an unexpected hot topic on Europe's political fringes. When a list of unofficial "yellow vest" demands went viral in December, some observers were...

American Airlines reported better-than-expected earnings Thursday behind strong air travel demand and offered a bullish outlook on 2019 profitability. Profits for the fourth quarter came in at $319 million, compared with a loss of $583 million in the year-ago period due to one-time...

Washington and Beijing are "miles and miles" from resolving their trade war, US Commerce Secretary Wilbur Ross said Thursday. A high-level Chinese delegation is due in Washington next week as both sides work to reach a resolution ahead before March 1, when US duty rates on Chinese imports...