Chinese telecommunications equipment maker Huawei said on Saturday it had sacked an employee arrested in Poland on spying charges in a case that could intensify Western security concerns about the company.  Poland’s internal affairs minister, Joachim Brudzinski, called for the...

Air France will suspend its flights to Saudi Arabia from Feb. 1 due to the route's poor economic performance, the company said Thursday. Direct flights between Paris and the Saudi capital Riyadh will now be ensured by Saudi Arabian Airlines as part of a cooperation agreement between the...

Iranian Oil Minister Bijan Zanganeh said on Thursday U.S. sanctions against his country were "fully illegal" and Tehran would not comply with them. "We believe that we should not comply with the illegal sanctions against Iran," Zanganeh told a joint news conference in Baghdad with his...

A Chinese envoy on Wednesday accused Canada and its allies of "Western egotism and white supremacy" for demanding the immediate release of two Canadians held for alleged spying. In a letter published by The Hill Times newspaper, China's ambassador to Canada Lu Shaye also criticized the...

Former Disney animation chief John Lasseter, who resigned last year after acknowledging he made staff feel uncomfortable with unwanted hugs, has landed a new job at Skydance Media, the company said Wednesday. Lasseter, famous for transforming Pixar from a small graphics department at...

Ford and Volkswagen are preparing to announce a strategic partnership, including in areas such as self-driving and electric autos, a person with knowledge of the matter told AFP on Wednesday. The announcement could come Tuesday during this year's Detroit auto show, the person said....

Saudi Arabia is expected to announce a slight rise in its crude oil and gas reserves after being independently audited Wednesday, according to a source familiar with the matter. Saudi Arabia's reserves of easily recoverable oil have long been the world's largest. For nearly 30...

Boeing reported record commercial plane deliveries for the second straight year on Tuesday, although the figures missed the company's forecast. The aerospace giant, which has capitalized on rising global demand for air travel, reported deliveries of 806 planes for the year, up from 763...

Iran will boost trade with India as the European Union struggles to find a way to circumvent a fresh US embargo on Tehran, Iranian Foreign Minister Javad Zarif said Tuesday. Brussels is working on a payment mechanism to keep financial transactions flowing with Iran, after the US ditched...

  Amazon overtook Microsoft to become the biggest company by market capitalization. Amazon for the first time closed out Monday's session as the world's biggest company by market capitalization, overtaking Microsoft and other fellow tech behemoths. The online sales...

 World Bank Group President Jim Yong Kim, who was at odds with the Trump administration's policies on climate change, will resign effective Feb. 1, more than three years ahead of his term's expiration, the multilateral lender said Monday. Kim, 59, a physician and public health...

   (Eqtsad)- Tobacco cultivation has re-emerged in Daraa province as war ends in the southern province after bloody years in the cradle of the Syrian revolution. Fathi al-Muhammad, agricultural engineer who was dismissed from his governmental job, said that the...

Norwegian Air Shuttle said Friday one of its Boeing 737s has been stuck in Iran for three weeks after an unscheduled landing due to engine problems, as U.S. restrictions reportedly create headaches for the airline and possibly passengers. The aircraft was en route from Dubai to Oslo with 192...

Ousted Nissan Motor Co. Ltd. chairman Carlos Ghosn is set to make his first public appearance in seven weeks at a Tokyo court Tuesday after he requested an open hearing to hear the reason for his continued detention. Ghosn has been held in a detention center since his Nov. 19 arrest on...

Major auto makers announced their end-of-year US sales totals Thursday, showing a slowing market even as Americans' demand for more expensive SUVs and trucks drove up prices. US consumers continued the trend away from small cars and sedans, but appeared increasingly squeezed by higher...

National Commercial Bank and Riyad Bank are seeking advisers for a potential merger that would create the Gulf region’s third-biggest lender with $182 billion in assets, according to people with knowledge of the matter. The banks have sent out so-called request for proposals to firms including...

The former head of German exchange operator Deutsche Boerse has agreed to pay 4.75 million euros ($5.4 million) to end a probe into suspected insider trading, prosecutors said Wednesday. Frankfurt prosecutors opened the case against Carsten Kengeter in 2016 over his purchases of shares...

Saudi Arabia announced plans Wednesday to build an entertainment complex in the capital Riyadh, the latest in a series of state-backed efforts to encourage public leisure activities after decades of tight social restrictions. The 100,000 square metre complex will be developed by the...

 (Zaman Al Wasl)- With the increasing number of Syrians refugees, some Arab countries have imposed a visa as a condition for entry, except for Sudan that turned into the only free Arab destination for people fleeing war-wrecked country. The Sudanese Committee for the Relief of the...

Chinese firms are encouraging staff to buy Huawei smartphones following Canada’s arrest of a top Huawei executive on a US extradition request, which has triggered an outpouring of nationalist support. Several companies are offering employees subsidies for Huawei phone purchases, while...