Iraq could more than double its current daily oil production by 2020, vastly boosting its economy and helping to bring stability to global energy markets, the International Energy Agency forecast on Tuesday.

The country's crude oil output could grow to 6.1 million barrels per day (mbpd) in eight years' time from about 3.0 mbpd currently, the IEA said as it unveiled its Iraq Energy Outlook report in London.

Greek 12-month consumer price inflation slowed to 0.9 percent in September from 1.7 percent in August, official figures showed on Tuesday.

Compared to last month, prices rose by 2.5 percent, the Hellenic statistical authority added.

Now hiring in Detroit: Software developers and programmers.

General Motors is moving past layoffs and the Motor City's rusty, low-tech image. It's setting out on its own to develop software and invent the most advanced gizmos for your car.

Saudi Oil Minister Ali al-Naimi said on Tuesday that the oil-rich Gulf kingdom will work to satisfy global energy markets and to "moderate" prices.

"We will provide the markets with what they need," Naimi told reporters on the sidelines of a ministerial meeting in Riyadh. "We will work to moderate prices."

The International Monetary Fund on Tuesday applauded members' efforts to cut their public debt but warned that the burden still posed a big risk as the global economy slows.

In its twice-yearly Fiscal Monitor report, the Fund measured the fiscal health of 60 member states including the United States, China, Japan, Greece, India and Brazil, and found that about half were on target to bring their budget deficits under pre-financial crisis levels by next year.

Raising the bar on service excellence once again, King Food S.A.L., the BURGER KING® franchisee in Lebanon, has won the award for Best Customer Service at the 2012 BURGER KING® Convention for the Europe, Middle East and North Africa region, adding yet another accolade to the company’s growing stable of international awards and recognitions, a press release said Monday.

The award was presented to King Food S.A.L. last week in Dublin, Ireland - the venue of the Convention.

Asian markets fell on Monday as concerns over the eurozone debt crisis overshadowed surprisingly good jobs data from the United States showing unemployment almost at a four-year low.

An underwhelming return for Shanghai after a week-long holiday added to the glum outlook for the day, while the euro erased gains made in New York on Friday.

The Bank of France said Monday that the French economy likely contracted by 0.1 percent in the third quarter of this year in its final estimation.

If the estimate is confirmed by France's official statistical agency INSEE, it would be the first quarterly contraction since France exited recession in the spring of 2009.

The World Bank on Monday slashed its 2012 growth forecast for developing countries in East Asia and the Pacific to 7.2 percent, dragged down by China's worst economic performance in 13 years.

It said China's economy would grow just 7.7 percent this year, down from 9.3 percent in 2011 and its slowest rate since 1999, but added that stimulus measures would help push it back above the crucial 8.0 percent mark in 2013.

Dubai will spend 1.5 billion dirhams ($408 million/313 million euros) to link the Business Bay with the Gulf, the chairman of the roads and transport authority said on Saturday.

Mattar al-Tayer said the extension of the Business Bay Canal is a strategic project that will run 2.8 kilometers in length, with a width ranging from 80 to 100 meters.