Lebanon News — AKHBAR.COM

China and the European Union will hold ministerial-level trade talks once or twice a year, China's Commerce Ministry said Thursday, as the two sides work to increase and rebalance trade.

By Tala Ramadan, David Morgan and Patricia Zengerle DUBAI/WASHINGTON, June 25 (Reuters) - Oil prices fell to pre-war levels on Thursday as the United States said flows through the Strait of Hormuz were nearing normal and its top diplomat completed a Gulf tour aimed at shoring up support for a preliminary Iran deal. U.S. Energy…

(MENAFN - The Peninsula) The Peninsula Doha, Qatar: The Shareholders' Council of the Arab Investment & Export Credit Guarantee Corporation–Dhaman–, chaired by the head of the Lebanese Republic's ...

The draft law was unanimously adopted, despite reservations initially voiced by some ministers and attempts by the central bank governor to amend certain articles in the name of the institution’s independence.

The European Union rolled out two measures to protect its steel industry and limit e-commerce small parcels on Wednesday as the 27-nation bloc grapples with its staggering trade imbalance with China.

Massive destruction in southern Lebanon in the latest Israel-Hezbollah war is estimated at around $1.38 billion, according to a UN agency and a Lebanese research centre. Reporting from Beirut, FRANCE 24’s Renée Davis notes that while the latest US-Iran deal includes a proposed $300 billion fund, Lebanon’s reconstruction was not mentioned in the 14-point Islamabad…

The news has, so far, had no considerable impact on markets.

Tourists from Chattanooga check into beach resorts in Cancun. Canadian auto parts feed factories in the American Midwest – and vice versa. Happy Hour revelers raise glasses of Mexican tequila and mezcal at bars in Seattle.

While much of the world is holding out hope that the US-Israeli war against Iran may finally be reaching an end amid news of a ceasefire agreement, the billionaire owners of some of the world’s largest energy companies may not be so thrilled. A handful of just 41 energy industry barons in Group of Seven…

French shipping giant CMA CGM has acquired all shares and will take over the group, four generations after its founding.

Global shares were mixed on Wednesday as uncertainty persisted over conflict in the Middle East and access to the crucial Strait of Hormuz despite an initial deal to end the U.S.-Iran war.

Saudi Arabia announced on Wednesday the end of a ban on Lebanese imports that had been in place for five years, marking a significant step in efforts to rebuild relations between Lebanon and Gulf states. The kingdom imposed a ban on Lebanese fruit and vegetable imports in 2021, saying they were being used to smuggle…

On April 21, the professional diaspora network LIFE Lebanon hosted its 10th pitch night for budding businesses in Meta’s London offices.

The lines are growing at Russian gas stations -- and so is the frustration and uncertainty as several months of Ukrainian attacks have set oil refineries ablaze and choked supplies for motorists across the vast country.

(MENAFN - AsiaNet News) Traders are watching May's Producer Price Index (PPI), weekly jobless claims, and Adobe earnings later today. Crude oil prices edged higher after the United States ...

The debate over Mythos added a new dimension after its creator announced Tuesday that it is investigating a third internal security incident in a month.

The head of the European Central Bank defended its June 11 rate hike as justified to ward off real inflationary pressures and said it wasn't just a mere "insurance hike."

(MENAFN - The Rio Times) Rio Times Global Economy Briefing The Big Three Chips bounced, partially. The Nasdaq rose 0.86% and the semiconductor ETF gained 5%, recovering some of Friday's losses, ...

Advances in disarmament, or possible negotiations with Israel, could help ease some IMF conditions.

Iran's president said Monday that $6 billion in frozen Iranian assets would be released by Qatar as negotiations with the United States were challenged by attacks across the Persian Gulf this weekend.

(MENAFN - AsiaNet News) The S & P 500 rose 0.3%, Nasdaq 100 jumped 1.6% and the Dow slipped 0.2%. Apple introduced Siri AI at WWDC 2026 but didn't provide a launch timeline. Alphabet to ...

Kuwait International Airport, hit by Iran, has yet to reopen, while global airline ticket prices have risen sharply.

U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran. But they're not falling fast enough for President Donald Trump.

(MENAFN - Baystreet) Canada's main stock index fell more than 1% on Friday, tracking losses on Wall Street, as stronger-than-expected U.S. and domestic payrolls data fueled expectations of a ...

Markets have not reflected the full scale of the oil shock during the war.

Oman and Iran will study the future administration of the Strait of Hormuz and the costs to be charged for services provided, they said in a joint statement Tuesday, insisting on sovereignty over the vital waterway.

(MENAFN - Baystreet) Canada's main stock index opened sharply lower on Friday, tracking losses?on Wall?Street, as stronger-than-expected U.S. and?domestic payrolls?data fueled expectations ...

An official assessment is expected by the end of April, the minister told L’Orient Today.

Lebanon's central bank on Saturday condemned a "direct and deliberate" Israeli attack on one of its branches in the southern city of Nabatieh, where Israel had intensified its strikes despite a ceasefire.

(MENAFN - ING) Energy - Oil product inventories fall in Europe and Singapore While there are few signs of progress in US-Iran talks, the oil market continues to trade on expectations of an imminent ...

Even during the previous Israeli offensive in Lebanon, which lasted two and a half months between September and November 2024, monthly inflation had remained below 3%.

Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions, according to leaked copies of an interim agreement that officials say broadly matches the document.

(MENAFN - Baystreet) Canada's main stock index rose on Thursday after a ceasefire deal between Israel and Lebanon raised hopes of de-escalation in the broader U.S.-Iran conflict, while investors ...

The nominal GDP for 2023 has been lowered by nearly $6 billion.

World share prices soared Monday after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz, while oil prices fell more than $4 a barrel.

(MENAFN - IANS) Mumbai, June 4 (IANS) Domestic equity markets opened lower on Thursday, tracking weak global cues amid geopolitical uncertainty in West Asia and selling pressure across the US and ...

An investigation has been launched in Paris, triggered by complaints from anti-corruption groups about transfers made from Lebanon during the economic crisis.

The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war as policymakers around the world including new U.S. Federal Reserve Chair Kevin Warsh wrestle with how to confront the inflation fed by sharply higher oil prices.

(MENAFN - IANS) New Delhi, June 4 (IANS) Global crude oil prices declined more than 1 per cent on Thursday after Israel and Lebanon agreed to implement a ceasefire, raising hopes of a broader ...

The lawyer and founder of Sherpa discusses the complaints filed against Bank Audi France and Antoun Sehnaoui’s Richelieu Group.

President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, "love" it.

(MENAFN - ING) Energy - US crude inventories continue to decline Re-escalation in the Persian Gulf pushed oil prices higher yesterday, with fresh attacks once again casting doubt over a resumption ...

"We hope that Rafik Hariri International Airport will soon return to full normality, as stability is very critical for civil aviation everywhere in the world," said the airport's COO.

Saudi Arabia announced Wednesday the end of a ban it imposed on Lebanese imports five years ago, marking a major step in attempts to rebuild relations between Lebanon and Gulf countries.

(MENAFN - Khaleej Times) Residents say the impact ranges from a few extra dirhams a month to hundreds, with long-distance commuters and families feeling the pinch most By: Haneen Dajani ...

After seven weeks of war, most property owners are not panicking.

Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation fighters at the Federal Reserve and underscoring the threat that rising costs pose for the Trump administration as midterm elections near.

Oil prices jumped and equities struggled on Monday as Middle East peace talks stumbled and tensions mounted between Iran and the United States. Crude futures shot around seven percent higher after an Iranian news agency announced Tehran had suspended the negotiations with Washington via mediators. The United States and Iran had traded strikes over the…