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In Cuba, Queueing for Hours 'Just to be Able to Eat'

Cubans are no strangers to queuing for everything from bread to toothpaste, often standing for hours under a blazing sun with no access to a toilet or drinking water, and always with the fear of leaving empty-handed.

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European Stocks Bounce Back on Eve of U.S. Inflation Data

Europe's major equity markets rebounded Tuesday from recent falls, despite earlier Asian losses, as investors fished for bargain shares on the eve of key U.S. inflation data, dealers said.

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Electric Vehicles Drive Rebound in China Auto Sales

China's automobiles sales grew for the first time since 2018 last year, a trade association said on Tuesday, as demand for new energy vehicles continues to rise.

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Despite Covid, Economic Crash, Lebanon's Winter Resorts Back to Business

Business in Lebanon's winter resorts is returning to normal after last year's complete lockdown due to the spread of COVID-19 that badly hurt winter tourism in the small country.

Skiers were seen running down the piste and children sliding down the hills at the Faraya-Mzaar ski resort, this weekend, despite the newly imposed restrictions and the financial crisis described by the World Bank as one of the worst in the world since the 1850s.

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Take-Two to Buy Farmville Game Creator Zynga for $12.7 Billion

Video game publisher Take-Two announced Monday it has reached a deal with Zynga to acquire the mobile game developer, creator of the interactive hit Farmville, for $12.7 billion.

Strauss Zelnick, Take-Two's chairman and CEO, said in a statement that the acquisition would establish a "leadership position in mobile" for the company behind the Grand Theft Auto series.

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Air France-KLM Adds Biofuel Surcharge to Plane Tickets

Air France-KLM said Monday it would add a surcharge of up to 12 euros ($13,50) on its tickets to try to offset the cost of using more expensive sustainable aviation fuel.

Air France said that the fuel levy would be added to tickets from January 10.

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IMF Warns Developing Countries of 'Economic Turbulence'

Emerging economies should gird for possible rough times as the US Federal Reserve prepares to raise interest rates and world economic growth slows because of the Omicron variant of Covid-19, the IMF warned Monday.

The International Monetary Fund, which is scheduled to release updated economic forecasts on January 25, said that for now global economic recovery from the ravages of the pandemic should continue this year and next.

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Global Stocks Mixed after Wall St Falls on Rate Hike Worries

Global shares were mixed Monday after Wall Street fell on worries the Federal Reserve will raise interest rates as soon as March.

Frankfurt and Shanghai advanced. Wall Street futures were higher. Seoul declined while London was little-changed. Japanese markets were closed for a holiday.

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Arab Gulf Foreign Ministers Head to Beijing for Meetings

Foreign ministers from Saudi Arabia and other Arab Gulf states are visiting Beijing for meetings with officials from the world's second largest economy, a leading consumer of oil and source of foreign investment.

The Chinese Foreign Ministry on Monday gave no details of the agendas for the visits, but said they were expected to "deepen relations between the two sides."

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Oil Prices Jump over Kazakhstan Unrest, Uranium Less Affected

Unrest in OPEC+ member Kazakhstan has pushed up oil prices as investors fear supply interruptions, but the uranium market appears less affected despite the Central Asian country being the world's second largest producer.

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