Business
Latest stories
U.S. Private Employment Falls 2.76 Million in May

Private companies shed another 2.76 million jobs in May following nearly 20 million job losses in April due to the coronavirus pandemic, according to data released Wednesday from payrolls firm ADP.

W140 Full Story
Italy Thirsts for Tourists as Country Reopens to Europe

Italy reopened to travelers from Europe on Wednesday, three months after the country went into coronavirus lockdown, with all hopes pinned on reviving the key tourism industry as the summer season begins.

W140 Full Story
Choueifat Industrialists Hold Important Meeting with Hoballah

The head and members of the Industrialists Association of Choueifat and Suburbs on Tuesday held an “important meeting” with Industry Minister Imad Hoballah and the Ministry's Director General Dany Jadoun, the Association said.

W140 Full Story
Airline Angst as Spain to Sue over Virus Flight Chaos

Iberia protested Tuesday after the Spanish government pledged to sue 17 airlines for failing to inform travelers about their right to a refund for flights cancelled during the pandemic.

W140 Full Story
Global Stocks Jump on Easing Coronavirus Crisis

World stock markets surged Tuesday on the back of an easing in both coronavirus lockdowns and China-U.S. tensions, dealers said.

W140 Full Story
Syrian Stock Market Halts Trading for Assad Cousin's Company

Syria's stock market on Tuesday suspended trading for the largest cellular company in the country, owned by a cousin of the president and one of Syria's richest businessmen.

The decision by the Syrian Commission of Financial Markets and Securities marked another development in a deepening financial dispute within the Assad family, which has ruled Syria for five decades. The company, Syriatel, is one of the country's largest employers, with thousands of staff and 11 million subscribers.

W140 Full Story
Athens Rejects 'Illegal' Turkey Drilling Plan

Greeve on Monday attacked Turkey's plan to carry out oil drilling in the eastern Mediterranean, describing it as "a new provocation."

W140 Full Story
Greek Hoteliers Reopen, Anxious for Bookings

Greek hotel owners reopened Monday after a 10-week coronavirus-imposed shutdown, relieved to be back in business but anxious about how quickly customers will return.

W140 Full Story
Lufthansa Supervisory Board Approves German Bailout Plan

Coronavirus-hit Lufthansa inched closer to securing a nine-billion-euro bailout from the German government after the airline's supervisory board approved a rescue plan on Monday.

W140 Full Story
Few Tourists -- but No Gladiators -- at Rome's Colosseum

Rome's famed Colosseum reopened Monday after a three-month coronavirus lockdown but only a few hundred people were expected at Italy's top tourism site.

W140 Full Story