Airbus on Thursday reported a net loss of 1.36 billion euros in 2019 after being hit by a 3.6-billion-euro fine over a bribery scandal and extra development costs for the A400M transport aircraft.

SGBL Deputy CEO Stanislas Tertrais, who is a French official, confirmed Wednesday that Société Générale (France) has not ended its participation in the Lebanese bank.

“Société Générale (France) owns an SGBL share amounting to 16.79% of the total number of stocks and it is a member of its board of directors,” Tertrais said, adding that the 2019 results of Société Générale (France) did not entail any change as to its continued participation in Société Générale de Banque au Liban S.A.L.

French wine exports to the United States plunged by almost a fifth in the last quarter of 2019 as punitive tariffs kicked in, the FEVS industry body said Wednesday, and warned of a "challenging year" ahead.

Organizers of the World Mobile Congress said Wednesday they have cancelled the world's top mobile trade fair due to fears stemming from the coronavirus, following an exodus of industry heavyweights.

To fuel Egyptians' love for shisha pipes and barbecues, Said Mahrous and his men toil in an open-air furnace, inhaling thick plumes of smoke day in, day out.

Delegates from the International Monetary Fund were to arrive in Argentina on Wednesday to begin talks on restructuring the recession-hit South American country's crippling foreign debt.

Britain's economy saw zero growth in the final quarter of last year as manufacturing shrank heading into the country's general election that unlocked Brexit, official data showed Tuesday.

Israel on Sunday imposed a ban on Palestinian agricultural exports, in a move the Palestinians blasted as a "dangerous" escalation in a five-month trade war. 

Lebanon’s SGBL bank on Friday lamented that it is facing “an organized campaign aimed at stripping it of the confidence of its clients and the public.”

“In this regard, al-Akhbar newspaper has accustomed us to such campaigns, and this systematic campaign has been followed by TV campaigns championed by a so-called economic expert who has given TV interviews that are only aimed at insulting Société Générale de Banque au Liban S.A.L. and its owners,” SGBL said in a statement.

The American economy saw an explosion of new hiring in January, possibly helped by mild weather but getting the year off to an impressive start, according to key government data released Friday.