The holy Muslim month of Ramadan began Saturday with a bitter taste for residents of Libya's capital, as a cash shortage bites, prices rise and deadly clashes returned to Tripoli.

Dawn queues outside banks just to withdraw a few tens of dinars has become routine for most Libyans, whose chaos-plagued North African country faces a persistent liquidity shortfall.

U.S. President Donald Trump has launched a salvo against German car exports to the United States, officials confirmed Friday, in the latest sign of simmering transatlantic trade tensions.

Eurozone stock markets sank Friday but London rose on a weak pound after news of a surprise opinion poll two weeks before Britain's general election.

Wall Street opened lower on Friday, pointing to a possible end of a six-day winning streak ahead of a holiday weekend.

The U.S. economy grew much faster than originally reported in the first quarter due to sharp increases in business and consumer spending, the Commerce Department reported Friday.

Elevate Accelerator‏, in partnership with UNICEF, Google Developers Launchpad and Hult Prize organized the Elevate Startup Sprint Competition between 200 entrepreneurs to announce the following official three winners of the final pitch at Beirut Digital District: The Architect Namir El Andary for “Creative Prisons”, Hisham Ramadan for “HMC” and Rabih Maalouf for “Bit Salvation”.

Saudi Arabia expects the likely extension of a deal among 24 oil producers cutting production will ease the global crude glut sufficiently by early 2018, Riyadh's energy minister said Thursday.

OPEC and other oil producers appear set to extend production cuts in an effort to shore up prices. But the hoped-for benefits could be short-lived.

That's due to U.S. shale producers. With prices above $50 from lows of last year, they are increasingly moving back into the market. Their output already is partially offsetting the cuts, and even more U.S. companies are poised to return if prices rise further.

Hong Kong on Thursday hit back at a decision by Moody's to cut its credit rating on the city, which the agency said was becoming increasingly close to mainland China.

The move was announced hours after the firm downgraded China for the first time in almost three decades citing concerns about its ballooning debt and slowing economic growth.

The European Central Bank said Wednesday that stress in the eurozone financial system had remained low over the past six months, but it warned of "significant" risks to that stability.