It could take up to four years for Emirates airline's operations to return "to some degree of normality", its president said Monday, a day after it announced job cuts over the coronavirus crisis. The Middle East's largest carrier, which has a 100,000-strong staff and a fleet of 270...

Top oil exporter Saudi Arabia is expected to raise its official selling price (OSP) for all grades it sells to Asia in July, to track a jump in Middle East benchmarks although overall weak refining margins could cap price gains, industry sources said. Saudi Arabia is expected to increase...

China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large volume state purchases of US corn and cotton have also...

Emirates Airline said Sunday it will cut "a few" jobs in the face of the downturn over the coronavirus crisis, but did not specify the extent of the layoffs. "We reviewed all possible scenarios in order to sustain our business operations, but we have come to the conclusion that we...