The emphatic rejection of Prime Minister Matteo Renzi’s proposed constitutional reform returns Italy to a state of political and economic uncertainty. As Renzi prepares to hand in his resignation, President Sergio Mattarella must establish whether the governing Democratic Party is stable enough to support another prime minister as he seeks to avoid the early election that could open the …

  Here are two things I’ll bet most people don’t know about Greece. The country’s just-appointed minister of economy and development, Dimitri Papadimitriou, was lured away from his position as head of the Levy Economics Institute at Bard College in America. He’s not a member of the ruling Syriza party. And the man appointed secretary general for public revenue in …

  Reuters The petrochemical sector helped carry Saudi Arabia’s stock market to a fresh one-year closing high on Tuesday after crude oil prices hit a 17-month peak, while Egypt’s market followed global shares upwards. The main Saudi index added 0.7 percent to 7,155 points in extremely heavy turnover with gainers outnumbering losers 139 to 18. The index is now up …