AFP The world edged closer to a 2020 goal to repair vast areas of damaged natural lands and forests, officials announced at the world’s largest conservation meeting. Malawi and Guatemala committed to restoring a total of 4.54 million hectares (11 million acres) of degraded land, officials said at the International Union for Conservation of Nature (IUCN) World Conservation Congress. …

  AFP The long-awaited sale of Formula One to an American media group is to be completed next week, according to media reports on Sunday. The well-sourced German magazine Auto Motor und Sport said that the sport’s veteran commercial ring-master Bernie Ecclestone had confirmed the deal at the Italian Grand Prix. The magazine reported that Ecclestone said Liberty Media will …

  DUBAI / Reuters Saudi Arabia’s top sovereign wealth fund is negotiating to buy a stake in one of the kingdom’s most ambitious real estate projects as Riyadh restructures the economy to cope with low oil prices, a source familiar with the plan said. The Public Investment Fund (PIF) aims to invest in King Abdullah Economic City (KAEC) on the Red …