Libya resumes oil production after months-long shutdown

Libya, which has the biggest proven reserves of crude oil in Africa, is torn between the rival powers of the UN-backed Government of National Accord (GNA) based in Tripoli and the warlord Khalifa Haftar, who control some areas in the south and east.

Turkey, UK 'very close' to free trade deal for post-Brexit era

Turkish Foreign Minister Mevlut Cavusoglu held the latest round of trade talks with British Prime Minister Boris Johnson and Foreign Secretary Dominic Raab this week during a visit to London

EU chief proposes $5.7 billion Brexit emergency fund

The EU and Britain are currently in negotiations to agree on a basis of trade relations after a post-Brexit transition phase ends on December 31.

Ireland's Donohoe named head of eurozone finance group

The group brings together the eurozone finance ministers who help guide European economic policy and where political divisions can be bitter, especially in times of crisis.

1.3 million more US workers seek jobless benefits

The high level of layoffs are occurring as a spike in Covid-19 cases has forced six states to reverse their move to reopen businesses.

UK announces $37B virus package

Finance Minister Rishi Sunak announced the budget to tackle unemployment as a result of the coronavirus pandemic.

Facebook civil right auditors find 'serious setbacks' in policy

An independent civil rights audit of Facebook found the social network has not been able to protect its users and urged it to build a “civil rights infrastructure” into all aspects of the company.

Pakistan International Airlines pilots fired over fake licenses scandal

Pakistan's aviation minister recently told parliament that a government review had found 262 of the country's 860 active pilots hold fake licenses or cheated on exams.

Why the central bank and the government are at war in Lebanon

As angry protesters attack banks across Lebanon, the new government in Beirut and the central bank’s governor remain at odds over tackling the economic crisis.

Social media giants change policy over Hong Kong's national security law

TikTok to exit Hong Kong market within days, while other technology companies, including Facebook, WhatsApp, Telegram, Google, Zoom and Twitter, suspend processing government requests for user data in the region over Beijing's new security laws.

Eurozone economy to crash 8.7 percent in 2020

The European Commission's pessimistic forecast suggests the bloc will not see a complete rebound next year despite a 6.1 percent bounce back in 2021

China dismayed as UK plans to ban Huawei from its 5G network

Huawei's position has been complicated further by Washington's decision to roll out a new wave of sanctions to cripple the company's production of the chips used in 5G.