From the ancient citadel overlooking the valley, Ridvan Ayhan looks at the Tigris with a furrowed brow. The river that supported his family’s town for generations will soon destroy it. “My grandchildren will not see where I grew up, where I lived. They will ask me, ‘Grandpa, where…

oldman Sachs’s decision to potentially cut bonuses for top executives over the 1MDB scandal reflects an acknowledgement at shareholder and public…

Amazon is rethinking its decision to create an additional headquarters in New York City amid opposition from key political leaders and protests in the…

Weeks of public sniggering and indignation culminated yesterday when the British government cancelled a ferry contract it had awarded to a firm with no ships. The island nation's breakup with the European Union took an odd turn in December when it handed the unheralded Seaborne Freight company the…

Financially troubled Spanish supermarket group Dia said Friday it wanted to cut up to 2,100 jobs as it reported a massive loss. Dia, the target of a public buyout offer by a Russian oligarch who is already its top shareholder, reported a net loss of 352.5 million euros ($399.3 million) for 2018. The…

Public debt has rapidly increased in many Arab countries since the 2008 global financial crisis, due to persistently high budget deficits, the International Monetary Fund warned yesterday. “Unfortunately, the region has yet to fully recover from the global financial crisis and other big economic…

A groundbreaking trial providing a guaranteed basic monthly income to 2,000 jobless people has led to improved wellbeing but failed to boost employment, Finnish authorities announced on Friday. Last December the Nordic nation concluded a two-year experiment in which a randomly selected group of unemployed…

US officials will be in Beijing February 14-15 for the third round of talks aimed at heading off an escalation of the ongoing trade war with China, the White House announced Friday. Negotiators are working towards an agreement before the 90-day tariff truce expires March 1, after which the US is set…

Canada added 67,000 jobs in January, but the unemployment rate still climbed 0.2 percentage points to 5.8 per cent as more people started the year looking for work, the government statistical agency said Friday. Employment growth, according to Statistics Canada, was led by younger workers aged 15 to…