The coronavirus pandemic is expected to severely weaken Afghanistan's economy, the World Bank said Wednesday, as donor governments struggle themselves and uncertainty over peace talks curb private investment. The World Bank said it was forecasting gross domestic product to contract between...

An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates, a seafarers organization said Wednesday. Satellite photos showed the vessel in Iranian waters on Tuesday and two of its sailors remained in the...

Nissan Wednesday unveiled the Ariya, a new 100-percent electric crossover model that the boss of the struggling Japanese car manufacturer said would open a "new era" in the firm's fortunes. It was the first completely new model produced by Nissan since the Kicks in 2016 and the first...

Oil prices rose on Wednesday after a sharp drop in U.S. crude inventories, with the market waiting for OPEC and its allies to decide on the easing of output curbs later in the day as the global economy slowly recovers from the COVID-19 pandemic. Brent crude futures were up 35 cents, or...