Oil prices were trading down more than 1% on Monday after hitting their lowest since July, as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months and optimism about demand recovery cooled amid the pandemic. Brent crude LCOc1 was at $42.11 a barrel, down 55...

India overtook Brazil on Monday as the country with the second highest number of confirmed coronavirus cases, even as key metro train lines re-opened as part of efforts to boost the South Asian nation's battered economy. India has emerged in recent weeks as the new global pandemic hotspot,...

Hezbollah Secretary-General Hassan Nasrallah held talks in Beirut with Hamas chief Ismail Haniyeh and his deputy Saleh al-Arouri, according to the Lebanese group.  The talks covered the “latest political and military developments in Palestine, Lebanon and the region,” Hezbollah...

First Abu Dhabi Bank plans to restart talks to buy the Egyptian business of Lebanon’s Bank Audi, two sources familiar with the matter said. FAB, the United Arab Emirates’ biggest lender, will have an internal meeting this week to decide on a way to resume negotiations and put in a final...