The Obama administration has signaled in word and deed that a policy change is in the offing, a change that would accommodate the Syrian regime and normalize relations with it. The notion of autocracy as a guarantor of stability is back in vogue after...

His Highness Sheikh Mansour bin Zayed al-Nahyan called the top of the market by selling all 1.3bn of his Barclays shares, leaving him with just £1.25bn of hybrid debt instruments that pay annual interest of 14pc. His decision follows the Qatar...

OPEC Secretary General Abdullah al-Badri has rejected calls from oil consuming states for a hike in the cartel’s crude output, saying that non-fundamental factors were to blame for current high prices. “At the moment there is enough oil in...