IMF expects $500B revenue loss for Mideast oil exporters

DUBAI, United Arab Emirates (AP) — Oil exporting countries in the Middle East lost a staggering $390 billion in revenue due to lower oil prices last year, and should brace for even deeper losses of more than $500 billion this year, the International Monetary Fund said Monday.

  • Written by AYA BATRAWY, Associated Press

'Huntsman' sequel misfires; 'Jungle Book' reigns

LOS ANGELES (AP) — "The Jungle Book" remained king of the box office in its second weekend in theaters, beating new opener "The Huntsman: Winter's War" by around $40 million, according to comScore estimates Sunday.

  • Written by LINDSEY BAHR, AP Film Writer

Nepal begins reconstruction of quake-damaged heritage sites

KATHMANDU, Nepal (AP) — Nepal's prime minister announced on Monday the start of reconstruction of key heritage sites in and around the capital that were damaged by an earthquake that killed nearly 9,000 people and devastated the country one year ago.

  • Written by BINAJ GURUBACHARYA, Associated Press

China auto show highlights luxurious SUVs in slowing market

BEIJING (AP) — Automakers are showcasing a new generation of luxurious SUVs at China's biggest auto show of the year as they battle for buyers in the country's cooling, crowded market.

  • Written by JOE McDONALD, AP Business Writer