Saudi Arabia's sovereign wealth fund has snapped up around $8 billion worth of stakes in global giants -- from Boeing to Facebook -- in a spree that belies deep and unpopular austerity measures at home. The twin shocks of the novel coronavirus pandemic and a plunge in oil prices have...

US Treasury Secretary Steven Mnuchin said Thursday there will be no more shutdowns to stop the coronavirus pandemic, even as the outbreak flares in some states. "We can't shut down the economy. I think we've learned that if you shut down the economy, you're going to create more damage,"...

French President Emmanuel Macron does not plan to step down to prompt a fresh election, a move he reportedly told top party donors he was considering, his office said Thursday. The Figaro newspaper said Macron had made the shock announcement while speaking via videoconference to a handful...

A local US consulate employee was sentenced to nearly nine years in prison in Turkey Thursday for "aiding an armed terror group" that Ankara blames for a failed 2016 coup. Metin Topuz, who worked as a liaison officer for the US Drug Enforcement Administration (DEA) in Istanbul, was arrested...