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Saudi wealth fund 'shopping spree' belies economic pain

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...

Lebanese take to the streets as currency hits a new low

Hundreds of Lebanese poured into the streets to protest the tumbling of the national currency to a new low against the dollar Thursday, blocking roads and highways in several places across the small country that had started slowly opening up after months of coronavirus restrictions. In...