Saudi Aramco said on Monday it has hired a group of banks ahead of a multi-tranche U.S. dollar-denominated bond issuance, as the world's largest oil company seeks to raise cash amid lower oil prices. Goldman Sachs, Citi, HSBC, JPMorgan, Morgan Stanley and NCB Capital were hired to arrange...

Pfizer CEO Albert Bourla sold $5.6 million of his stock in the US pharmaceutical company on the same day it announced promising results for its Covid-19 vaccine candidate, filings showed Wednesday. The company, however, has reportedly said the sale was part of a pre-arranged periodic...

Dubai-based Emirates airline on Thursday posted a $3.4 billion half-year loss, its first in more than three decades, saying it had been badly hit by the coronavirus lockdown that brought air transport to "a literal standstill". "In this unprecedented situation for the aviation and travel...

Huawei Technologies [HWT.UL] plans to sell its budget-brand Honor smartphone unit in a 100 billion yuan ($15.14 billion) deal after years of pressure from U.S. trade curbs made on grounds that the technology firm is a national security threat. The world’s biggest maker of mobile...