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Greece Debuts e-Foreclosures as EU-IMF Auditors Return

Greece on Wednesday debuted electronic foreclosures to address a huge private debt pile burdening banks as its international creditors returned for a scheduled review of the country's economic performance.

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Bubble or Brave New World? Bitcoin Breaks $10,000 Barrier

Bitcoin broke through the $10,000 barrier for the first time on Wednesday as it continues a stratospheric rise that has delighted investors but sparked fears of a bubble.

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Trump Raises Prospect of U.S. Government Shutdown

President Donald Trump raised the prospect of a damaging U.S. government shutdown Tuesday, suggesting a spending deal with Democrats may be impossible.

Trump -- a self-styled master dealmaker -- hit two top Democrats as weak on crime, immigration and the economy, hours before sitting down with them in Congress.

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Extension of Cuts Expected at OPEC Meeting

With oil prices nudging steadily higher, market expectations are for crude-pumping countries to prolong their deal to curb output at a meeting at OPEC headquarters in Vienna on Thursday.

Markets could be disappointed, however, with Russia reportedly not yet fully on board about signing up to extending the agreement, due to expire on March 31, until the end of 2018, experts say.

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Bitcoin Hits New Records, Heads for $10,000 as Bubble Fears Grow

Bitcoin soared to fresh records Tuesday, putting it on course for $10,000, but the virtual currency's stratospheric rise has fuelled fears of a bubble after a 10-fold increase this year. 

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Banks Could Support UK Economy in Disorderly Brexit

Britain's lenders could support the economy through a "disorderly" Brexit, the Bank of England said Tuesday, as the sector passed its latest round of stress tests.

The assessments are designed to see whether the banking sector can weather a fierce worldwide recession, crashing house prices and soaring unemployment.

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European Stocks Dip on Strong Euro as German Concerns Ease

Eurozone stocks were mostly lower Monday as the euro extended gains on hopes that German Chancellor Angela Merkel is close to forming a government, dealers said.

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Court Blocks Uber Ride-Sharing in Israel

A court blocked Uber's ride-sharing services in Israel on Monday in a victory for the country's traditional taxi operators, saying the U.S. firm's private drivers lacked proper insurance.

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Iraq to Receive Bids for Developing Oil, Gas Fields in June

Iraq said Monday it will start receiving bids next June for projects to develop nine oil and gas fields in an attempt by the war-ravaged nation to boost energy revenues.

Abdul-Mahdi al-Ameedi, who heads the Oil Ministry's Licensing and Petroleum Contracts Department, said that detailed energy information on the nine areas in question will be disclosed at the end of this month.

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UK Lebanon Tech Hub Gets Backing from BDL, UK Govt after 'Exceptional' Early Stage Results

The UK Lebanon Tech Hub (UKLTH), a joint initiative by Banque du Liban (Lebanon’s Central Bank) and the British Embassy in Beirut, has announced that inside three years of operation it has boosted Lebanon’s knowledge economy by creating 1,370 direct and indirect jobs. It also contributed more than US $8.5 million worth of deals into the UK and a $26 million increase in company revenues in Lebanon.

The hub, which helps grow tech innovations into global businesses primarily through London, accelerated 78 startups that raised more than $36 million and are currently valued at more than $200 million. The figures presented at the demo day of The Nucleus, the hub’s startup venture building program, were welcomed by Hugo Shorter, the British Ambassador to Lebanon.

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