British Prime Minister Theresa May has "timed well" this Thursday's snap general election because Britons face a major squeeze on consumer spending in the coming years, economists say.

The battle is on in Barcelona, Spain's popular Mediterranean city where two airlines have started competing for passengers in the emerging trend of low-cost, long-haul flights.

Top airline industry players are meeting Monday and Tuesday in Cancun to seek alternatives to the U.S. and British bans on laptops and tablets on certain flights, which they say is hurting business.

SGBL Bank on Thursday invited a large number of clients, prospects and public figures from the Bekaa region to a conference entitled “Investment in Bekaa - Horizons, Incentives and Opportunities”, moderated by Yasser Akkaoui, director of Executive magazine, at the Massabki Hotel in Chtaura.

US coatings firm PPG announced Thursday it was abandoning its bid to take over its Dutch rival, the world's leading paintmaker AkzoNobel, in the wake a bitter court battle.

A secretive group of global power brokers including politicians, bankers, business titans and European royalty gather behind closed doors starting Thursday to debate the merits of Donald Trump's fledgling US presidency.

Unemployment in Germany hit a new historic low in May, official data showed on Wednesday, in a sign that Europe's largest economy remains in rude health.

Japanese employers are scrambling to find staff, unemployment is at its lowest level in more than two decades and the labour market is tighter than it was during Japan's booming bubble economy years.

This should be great news for the world's number three economy, but analysts are warning not to pop the champagne quite yet because it is mostly due to a shrinking labour force. And many jobs are temporary and pay very little.

Saudi Aramco is to build the region's biggest shipyard in a $5.2 billion joint venture with South Korea's Hyundai Heavy Industries and others, the partners said on Wednesday.

Indian Prime Minister Narendra Modi on Wednesday urged Spanish firms to invest in India, saying the fast-growing country offered "many opportunities" in areas ranging from tourism to energy.