The spokesman for the Saudi-led coalition battling the Iran-allied Houthis in Yemen has been quoted as saying major fighting in the country is drawing towards a close, one year after the military campaign began.
Asian stocks edged up on Friday and looked likely to end the week with tiny gains, although the outlook remained grim as investors continued dumping emerging market assets as their growth expectations faded. The dollar crept higher.
Italian energy group Eni's giant Zohr gas find in Egypt this month, a gamble taken under the noses of competitors, marked the Italian major's rapid rise to preeminence in the hunt for big new fields.
A brief period of high profitability for the world's oil refineries is likely to come to an end as quickly as it began, the International Energy Agency (IEA) said.
Weak crude oil and relatively high prices
Just $160 per year for each person living in extreme poverty would eradicate world hunger by 2030, the United Nations said on Friday, recommending the money should be delivered through both cash transfers and ‘pro-poor’ investments.
Yemen's warring factions confirmed their agreement on Thursday to a temporary humanitarian ceasefire set to begin on Friday (July 10) night, United Nations envoy Ismail Ould Cheikh Ahmed said.
The pause in the fighting will la
The World Health Organisation has called for ‘global solidarity action’ to support a new 20-year strategy aimed at ending the global tuberculosis epidemic, as countries mark World Tuberculosis Day on March 24.
A key agreement has been in South Korea by representatives of 172 nations, including Bahrain, in a bid to end war and establish world peace.
The Unity of Religion Agreement, put forward as part of the three-day Summit for the Worl
Turkish state-run Ziraat Bank scrapped talks to acquire Bank Asya on Thursday, deepening concerns over the Islamic lender's future and making it more likely it will be seized by the state.
Bank Asya's profits and capital b