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EU ends 2018 with 6.6 pct unemployment rate

The European Union ended 2018 with an unemployment rate of 6.6 percent, the EU's statistical office reported on Thursday. On a yearly basis, the unemployment rate in the EU fell 0.6 percentage points compared to 7.2 percent in December, 2017. "Eurostat estimates that 16.3 million men...

Cyber super-weapon used by UAE to spy on iPhones of foes

A team of former U.S. government intelligence operatives working for the United Arab Emirates hacked into the iPhones of activists, diplomats and rival foreign leaders with the help of a sophisticated spying tool called Karma, in a campaign that shows how potent cyberweapons are proliferating...

Saudi Arabia ends anti-corruption probe after 15 months

Saudi Arabia has ended a sprawling crackdown on corruption ordered by Crown Prince Mohammed bin Salman that it said had recovered more than $106 billion through settlements with scores of senior princes, ministers and top businessmen. A royal court statement said the government had summoned...

Ireland's Lane only candidate for ECB chief economist

The governor of the Irish central bank, Philip Lane, is the only candidate to take over the highly influential role of chief economist of the ECB, a Eurogroup statement said Wednesday. Barring a major upset, Lane, who holds a PhD in economics, will take over from Belgian Peter Praet on May...