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TMA’s financial woes hit employees

Lebanon’s only cargo airline is facing an uncertain future, after the company incurred $230 million losses, prompting the management to press its staff to submit their resignation before it releases their salaries, insiders and employees said Monday.

TMA’s financial woes hit employees

Lebanon’s only cargo airline is facing an uncertain future, after the company incurred $230 million losses, prompting the management to press its staff to submit their resignation before it releases their salaries, insiders and employees said Monday.

Alibaba’s banks boost IPO size to $25B

Alibaba Group Holding Ltd.’s initial public offering became the biggest ever at $25 billion, after bankers exercised an option to boost the deal size by 15 percent on strong demand.

Dubai housing costs soar to Manhattan peaks

An economic rebound has catapulted house prices and rents in Dubai to Manhattan-like peaks, the Gulf emirate’s top property website says, forcing increasing numbers of residents to move to its cheaper outskirts or even to consider returning home abroad.

Iran’s hand in Yemen

Top officials in Yemen are trying to put the best face possible on the “peace deal” that was signed over the weekend, but there’s no hiding the fact that the developments in the southwest corner of the Arabian peninsula amount to little more than an Iranian takeover.

Iran’s hand in Yemen

Top officials in Yemen are trying to put the best face possible on the “peace deal” that was signed over the weekend, but there’s no hiding the fact that the developments in the southwest corner of the Arabian peninsula amount to little more than an Iranian takeover.

As in Vietnam, the U.S. underestimated its foe

The U.S. has made the same mistake in evaluating fighters from ISIS that it did in Vietnam – by underestimating the enemy’s will, according to James Clapper, the director of national intelligence.

Federer replaces injured Nadal in new league

Rafa Nadal has withdrawn from the inaugural International Premier Tennis League (IPTL) but the organizers pulled off a coup Monday by naming Swiss maestro Roger Federer as replacement for the injured Spaniard.

‘Three Rs’ spell out lead for Hamilton

For a Grand Prix that began with confusion over self-censorship and concluded with Lewis Hamilton leading the standings, the race weekend can be summed up by using the “Three Rs” – Radios, Rosberg and Reliability.

Lyon hold stuttering PSG in Paris

A below par Zlatan Ibrahimovic failed to improve Paris St Germain’s limp start to the season Sunday as the French champions stuttered to a 1-1 home draw in Ligue 1 against Olympique Lyonnais.

Hagino the star, salmonella the scare at Asiad

Japanese swimming star Kosuke Hagino gave another glimpse of his vast potential by winning two more Asian Games gold medals Monday, while food safety was an issue after the dangerous bacteria salmonella was found in athletes’ lunches.

Keg is tapped: Oktoberfest opens to toast millions

Germany's world-famous Oktoberfest kicks off with the traditional tapping of the first barrel of beer, as millions of revelers are set to soak up the frothy atmosphere in the 16-day annual extravaganza.

Hermel oasis provides relief from drought

It’s been a long, dry summer. The idea of anything coming out of the government taps is now a joke, Lake Qaraoun, the country’s largest freshwater body, has shriveled to an oversized puddle and there have even been rumors of rain dances in the south.

Sweeteners boost diabetes risk: study

Promoted as an aid to good health, artificial sweeteners may in fact be boosting diabetes risk, said a study that urged a rethink of their widespread use and endorsement.

Kris and Bruce Jenner to divorce

Kris Jenner, the matriarch of the Kardashian reality television family, on Monday filed for divorce from her husband Bruce Jenner, the gold medal-winning Olympic decathlete, almost a year after they announced their separation.

Kris and Bruce Jenner to divorce

Kris Jenner, the matriarch of the Kardashian reality television family, on Monday filed for divorce from her husband Bruce Jenner, the gold medal-winning Olympic decathlete, almost a year after they announced their separation.

Batman prequel 'Gotham' premieres on US TV

The backstory of Batman's many villains came to life Monday in a new US television drama series that Fox hopes will help lift its prime-time ratings out of the doldrums.