Kuwait City / AFP The Yemeni government said Sunday it has accepted a UN-proposed peace agreement to end more than a year of armed conflict, but there has been no word from the rebels. The announcement by the Saudi-backed government came after a high-level meeting in Kuwait’s capital chaired by Yemen’s President Aberabbo Mansour Hadi. “The meeting approved the draft ...

  Bloomberg Russia’s economy contracted the least since it slipped into recession at the start of last year as industry and farming added to oil’s biggest quarterly gain since 2009 to steady the world’s biggest energy exporter. Gross domestic product shrank 0.6 percent in the second quarter from a year earlier after a decline of 1.2 percent in the previous ...

  DUBAI / Reuters Stock markets in the Gulf were soft in early trade on Sunday, weighed down by weak oil prices and a lacklustre set of second-quarter corporate results. Riyadh’s stock index lost 0.2 percent after 40 minutes of trade as the petrochemical sector dropped 0.4 percent. The September Brent oil contract settled at $42.46 a barrel on Friday, ...