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Timeline: Huawei feeling the heat as it eyes Honor sale

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...

Coronavirus vaccine results fuel hopes for return to normal

Hugely promising results from a coronavirus vaccine trial fuelled optimism around the world Tuesday that humanity may be a step closer to defeating the worst pandemic in a century. Some of the industries hit hardest by travel curbs, social distancing and lockdowns rebounded on hopes that...

Palestinians declare three days of mourning for Saeb Erekat

Palestinian President Mahmoud Abbas declared a three-day mourning period for Saeb Erekat, the chief Palestinian negotiator who died on Tuesday after contracting COVID-19. "The departure of a brother and a friend, of the great fighter, Dr. Saeb Erekat, is a great loss for Palestine and our...

Saudi economy contracts 4.2 percent in Q3, improves from Q2

 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...