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IEA Trims Oil Demand Forecasts on Aviation Woes

The International Energy Agency (IEA) trimmed its global oil demand forecasts Tuesday as the massive coronavirus pandemic hit to the aviation industry will likely be worse than expected next year.

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WHO Backs Fund to Help Young People Handle Covid Woes

The World Health Organization announced Monday it is teaming up with global youth groups, with some 250 million members, to create programs to help young people deal with the disruptions caused by the pandemic.

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Draft EU Rules Propose Mammoth Fines, Bans for Tech Giants

Draft EU rules to be unveiled Tuesday would see tech giants face huge fines or banned from the market for breaches, sources said, posing a major challenge to the likes of Google and Facebook. 

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Vaccine, Brexit Hopes Buoy Global Stocks

European and U.S. stock markets gained ground Monday, buoyed by Covid-19 vaccine optimism, expectations of fiscal support from Washington and hopes of a last-minute Brexit deal.

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Pound Rises on Brexit Talks Extension, Stocks Mixed

Sterling rallied Monday after Britain and the European Union agreed to extend talks on a post-Brexit trade deal past a self-imposed deadline, while Asian markets were mixed as surging coronavirus infections tempered vaccine optimism.

Prime Minister Boris Johnson and EU chief Ursula von der Leyen said after a crisis call that they would "go the extra mile" to find common ground in long-running talks.

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UK Firms Appeal for Brexit Deal as PM Warns of Likely Failure

UK businesses clamored for compromise on Sunday as Prime Minister Boris Johnson said failure remains the "most likely" outcome to marathon post-Brexit trade talks with the European Union.

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UK and EU Extend Brexit Talks after Ditching Deadline

The European Union and Britain ordered their negotiators back to work Sunday after agreeing to abandon a supposed make-or-break deadline for a post-Brexit trade pact.

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Johnson and Von der Leyen to Decide Fate of Brexit Deal

Britain's Prime Minister Boris Johnson and EU chief Ursula von der Leyen will decide whether or not to abandon post-Brexit trade talks on Sunday after their latest cross-Channel crisis call.

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SGBL to Hold Extraordinary General Assembly on December 15

The common shareholders of SOCIETE GENERALE DE BANQUE AU LIBAN SAL are invited to the meeting of the Extraordinary General Assembly that shall be held on Tuesday 15 December 2020 at 11:00 am in the head offices of the Bank located in Dekouaneh, Saloumé (Lebanon), a press release said on Friday.

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Cuba Will Unify its Two Currencies as of January 1

Cuba will unify its two currencies, the Cuban peso and convertible peso, as of January 1, ending a unique system that has existed for nearly three decades, President Miguel Diaz-Canel said Thursday.

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