Lebanon's President Michel Aoun on Wednesday accepted the government's resignation but asked it to stay on until a new cabinet is formed, AFP reports. Aoun said the measure followed the constitutional provision for cases in which the government steps down, his office said in a statement. PM Saad al-Hariri announced his cabinet's resignation on Tuesday,...
Drugmaker GlaxoSmithKline (GSK) has upgraded its earnings forecast as its shingles vaccine performed much better than expected, for the second time in a year.
Denmark has given the green light for the Russia-led Nord Stream 2 gas pipeline to pass through its waters. Copenhagen's delay in granting permission has been the main hurdle to completing the project on time. “The Danish Energy Agency has granted a permit to Nord Stream 2 AG to construct a section of the Nord...
Syrian army troops on Wednesday were engaged in heavy clashes with Turkish forces in the countryside around the border town of Ras al Ain in an area where a military offensive by Ankara aims to create a “safe” zone, Reuters said, citing state media in Damascus. There were no details but Turkish-backed rebels said intermittent...
Cable TV alternative offered lower prices and more options but Sony blamed higher programming costs in announcing the decision to close down.
Consumer confidence has fallen as ongoing political uncertainty impacts upon the forecast for personal finances, according to a survey.
Standard Chartered has shrugged off protests in Hong Kong and a slowdown in the global economy to post a hike in third-quarter profits.
