Facebook has detailed its plan for combating fake news. It will effectively outsource the fact-checking of news stories flagged by users as possibly fake to third-party groups that should, at a minimum, be signatories to a code developed at the Poynter Institute, a Florida-based journalism training organization. But by making a small group of vetters the arbiters of “truth,” …

  Reuters Stock markets in the Gulf posted small gains on Sunday after crude oil prices climbed back towards 17-month highs at the end of last week, but trading volumes shrank across the region. Foreign buyers continued to bid up shares in Egypt. Brent futures rose 2.2 percent to settle at $55.21 a barrel on Friday after Goldman Sachs boosted …

  Bloomberg Banca Monte dei Paschi di Siena SpA will begin taking orders for shares on Monday as it aims to complete raising 5 billion euros ($5.2 billion) by the end of the year to avoid a rescue by the Italian government. Monte Paschi will sell stock to institutional investors through Thursday, while the offer for retail investors will end …