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Brussels and Rome in standoff over Italian budget

Italian populist government leaders say they will not bow to pressure after EU rejects spending plans for 2019.

Read more: Brussels and Rome in standoff over Italian budget

   

Saudi Arabia pledges $6bn to Pakistan amid economic crisis

Riyadh agrees to give $3bn as balance of payment support and a further $3bn loan for oil imports, Pakistan says.

Read more: Saudi Arabia pledges $6bn to Pakistan amid economic crisis

   

Sri Lanka reverses $300m China housing deal as PM visits India

An Indian firm stands to make $210m after Sri Lank reverses its decision to give a large contract to a Chinese business.

Read more: Sri Lanka reverses $300m China housing deal as PM visits India

   

Saudi stocks plunge amid pressure over Khashoggi disappearance

Uncertainty surrounding the disappearance of Saudi journalist has caused the market to fall, market strategists say.

Read more: Saudi stocks plunge amid pressure over Khashoggi disappearance

   

Yemeni president fires PM over poor economic performance

Citing 'negligence', Yemen's President Abd-Rabbu Mansour Hadi sacks Ahmed bin Dagher amid ongoing economic crisis.

Read more: Yemeni president fires PM over poor economic performance

   

'Davos in the Desert' faces more cancellations over Khashoggi

Executives of US private equity firms and credit card company Mastercard are the latest to withdraw from Saudi forum.

Read more: 'Davos in the Desert' faces more cancellations over Khashoggi

   

Khashoggi disappearance: Media companies pull out of Saudi event

Growing list of US media outlets and business leaders will skip event amid concern over Jamal Khashoggi's disappearance.

Saudi writer Jamal Khashoggi

Read more: Khashoggi disappearance: Media companies pull out of Saudi event

   

Sudden jump in US interest rates prompts Wall Street stock plunge

Trump is briefed as major indices lose over three percent in a sell-off prompted by the sudden jump in interest rates.

Read more: Sudden jump in US interest rates prompts Wall Street stock plunge

   

Judge mulls slashing $290m award in Roundup cancer case

California judge considers greatly reducing jurors' award of $290m to cancer victim who used Monsanto's Roundup.

Read more: Judge mulls slashing $290m award in Roundup cancer case

   

Pakistan to seek IMF bailout to overcome financial crisis

PM Imran Khan gives go-ahead to approach the International Monetary Fund as country battles a balance-of-payment crisis.

The Pakistani rupee

Read more: Pakistan to seek IMF bailout to overcome financial crisis

   

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