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HSBC to cement lead in Saudi Arabia with $5 billion merger

HSBC Holdings PLC is set to reaffirm its position in Saudi Arabia with the takeover of Royal Bank of Scotland Group PLC’s local venture as lenders bet on the kingdom’s ambitious plans to transform its economy. In the country’s first bank merger in almost 20 years, HSBC affiliate Saudi...

Facebook suspends 200 apps over data misuse investigation

Facebook Inc. has so far suspended around 200 apps in the first stage of its review into apps that had access to large quantities of user data, in a response to a scandal around political consultancy Cambridge Analytica. The apps were suspended pending a thorough investigation into...

Iraqi parliament speaker objects to poll violations

Iraq’s parliament speaker on Saturday objected to what he said were electoral violations seen during the weekend general elections. Speaking at a press conference, Salim al-Jabouri, who leads the Civil Society for Reform Party, urged the Independent High Electoral Commission to...