The United Arab Emirates, a leading OPEC producer, announced Monday the discovery of huge gas reserves, saying the find would help the Gulf state achieve self-sufficiency.

The United Arab Emirates will pump $2.0 billion into investment and development projects in Mauritania, state media said Sunday during a visit by the country's new leader renowned for his anti-jihadist stand.

An alternative proposal by Washington on how to tax digital giants worldwide has been met with "concern" by several nations, the OECD group of free-market economies said Friday.

A resolute European Union sought Friday to turn the page on Brexit and move on to negotiating a looser, less favorable trading relationship with its departing British partner.

Italy must improve its capital markets to help underperforming companies access funding for investment and growth, while giving investors means for more diversified savings portfolios, the OECD said on Friday.

In a review of the capital markets of the eurozone's third-largest economy, the Organisation for Economic Co-operation and Development said Italian companies were deprived of needed funding for long-term projects and planning, and would not be able to grow to fend off global competition without stronger capital markets. 

As Syrians feel the sting of a nosediving currency, local businesses have launched a campaign to sell goods symbolically priced at a single pound to counter a deepening economic crisis.

Britain's economy, lifted by the country's post-election political stability, risks fresh turbulence as Prime Minister Boris Johnson seeks tricky Brexit trade deals amid global threats that include the coronavirus.

Asian markets fell Thursday with investors concerned about the economic impact from the spread of the new coronavirus as China reported more than 1,700 new infections.

Cinemas empty, high-speed train trips cancelled, tourist sites closed, an entire province shut down: The extraordinary measures taken by China to contain a deadly coronavirus threaten to dent an already fragile economy.

Swedish furniture giant Ikea said Wednesday it had temporarily closed half of its 30 stores in mainland China until further notice amid concerns over the deadly new coronavirus.