Oil prices rose on Friday, extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U.S. crude production. U.S. West Texas Intermediate (WTI) crude CLc1 futures gained 25 cents, or 0.7%, to...

Another 1.48 million Americans filed new claims for unemployment benefits last week, the Labor Department said Thursday, a worse-than-expected figure that showed the continuing potency of the coronavirus pandemic. The new claims were a decrease of only 60,000 from the week prior and brought...

(Zaman Al Wasl)- Syria's health ministry on Thursday has confirmed 11 new coronavirus cases, topping the total of infections to 242. At least seven people have died of COVID-19 in the war-torn country but experts doubt that the number is accurate, saying Syria is seen at high risk from...

Asian stocks posted their biggest drop in eight sessions, bonds rose and the US dollar was firm Thursday as surging US coronavirus cases and an International Monetary Fund downgrade to economic projections knocked confidence in a recovery. MSCI's broadest index of Asia-Pacific shares...