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Macron hosts donor conference for Beirut, raises €250M

France’s President Emmanuel Macron led a virtual international donors conference Sunday to rush aid to Lebanon's capital city of Beirut, which suffered extensive damage last week from two devastating blasts. A total of 250 million euros ($294.5 million) was pledged by all countries...

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...

Furious Lebanese vow new protests over deadly mega-blast

Lebanese protesters enraged by official negligence blamed for Beirut's enormous and deadly explosion vowed Sunday to rally again after a night of street clashes in which they stormed several ministries. "Prepare the gallows because our anger doesn't end in one day," warned one message...