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...

 Saudi Arabia's economy shrank 4.2 percent in the third quarter from a year earlier, government data showed on Tuesday, a smaller contraction than the second quarter when the economy was reeling from coronavirus-linked lockdowns. The economy expanded by 1.2 percent on a...

HONG KONG (AP) — Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world’s largest and...