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Shares retreat globally on US-China tensions, gold soars

Shares worldwide skidded further Friday as a pick-up in US and European business activity did little to ease investors' jitters surrounding Sino-US tensions, while gold kept marching toward a record high as it broke above $1,9000 an ounce. The mood darkened after Beijing ordered Washington...

Emirates to cover virus-related medical costs

Emirates, the largest airline in the Middle East, will cover customers' coronavirus-related medical costs in a bid to "boost travel confidence", the Dubai Media Office said Thursday. "Emirates will cover its passengers for COVID-19 related medical expenses and quarantine costs when they...