Stock markets jumped higher Monday on news that a second coronavirus vaccine showed promise, bolstering hopes even as new infections surged around the world. Pharmaceutical company Moderna said its vaccine appears to be 94.5 percent effective, according to preliminary data. Markets rallied...

Dr Khaled was queueing for petrol when he got an urgent call — a patient was bleeding from an artery. Normally, he would drive straight to his hospital in Damascus to help, but leaving now would mean giving up the position he had held for 18 hours in the queue. “If I don’t refill...

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...