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Crisis-swept Lebanon in gridlock after Safadi withdrawal

Lebanon slipped deeper into political crisis on Sunday after the withdrawal of a top candidate for prime minister narrowed the chances of creating a government needed to enact urgent reforms. Mohammad Safadi, a former finance minister, withdrew his candidacy late on Saturday, saying it was...

Aramco declares $1.71 trillion valuation in blockbuster IPO

Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of $2 trillion. Aramco said it would sell 1.5 percent of the company in a blockbuster initial public...