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Lebanese minister quits over Beirut blast

Lebanese Information Minister Manal Abdelsamad resigned on Sunday, in the first government resignation in the wake of a massive explosion at the Beirut port.  “After the horror of the disaster in Beirut, I submit my resignation," Abdelsamad said in a televised statement. "I...

Beirut port blast crater 43 metres deep: security official

The huge chemical explosion that hit Beirut's port, devastating large parts of the Lebanese capital and claiming over 150 lives, left a 43-metre (141 foot) deep crater, a security official said Sunday. The blast Tuesday, which was felt across the county and as far as the island of Cyprus,...

Saudi Aramco profits slump 73% on low oil price

Energy giant Saudi Aramco said Sunday its net profit for the second quarter plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand. The company posted a net profit of $6.6 billion for the three months to June 30, compared to $24.7...