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Saudi king urges 'firm stance' against Iran

 Saudi Arabia's King Salman urged world powers Thursday to take a "firm stance" against its arch-rival Iran, as expectations mount that US President-elect Joe Biden will seek to revive a 2015 nuclear deal with Tehran. "The kingdom calls on the international community to take a firm...

Emirates airline posts first loss in more than 30 years

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...

Russia says its Covid-19 vaccine, Sputnik V, is 92% effective

Russia's Sputnik V vaccine is 92% effective at protecting people from COVID-19 according to interim trial results, the country's sovereign wealth fund saidon Wednesday, as Moscow rushes to keep pace with Western drugmakers in the race for a shot. Russia's results are only the second from a...