Saudi Aramco began marketing a five-tranche U.S. dollar-denominated bond sale on Tuesday, as the world's largest oil producer seeks cash after low oil prices dented its finances. The move is part of an onslaught on international debt markets by Gulf issuers seeking to plug finances hit by...

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...