NEW YORK (Reuters) - Global stock markets fell in volatile trading on Tuesday, and the economic damage from the coronavirus pandemic left the MSCI benchmark of world equities with its biggest quarterly decline since the financial crisis of 2008. Oil prices remained near their lowest levels since 2002 as a worldwide economic slowdown and travel…
RIYADH/WASHINGTON (Reuters) - Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and “do whatever it takes to overcome the pandemic.” Saudi King Salman bin Abdulaziz speaks via video link during a virtual G20 summit…
* Depleted reserves, hot domestic demand drove last recovery* Fallout from surge in infections a direct hit to both* Ankara could ramp up initial $15-bln support packageBy Jonathan SpicerISTANBUL, March 23 (Reuters) - Only a few weeks ago, Turkey seemed a better bet than many other emerging markets to withstand a global economic slowdown over…
DUBAI, United Arab Emirates — Iran’s supreme leader refused U.S. assistance Sunday to fight the new coronavirus, citing an unfounded conspiracy theory that the virus could be man-made by America. Ayatollah Ali Khamenei’s comments come as Iran faces crushing U.S. sanctions blocking the country from selling its crude oil and accessing international financial markets. But…
BEIJING/ZURICH (Reuters) - China has approved the use of Swiss drugmaker Roche’s (ROG.S) anti-inflammation drug Actemra for patients who develop severe complications from the coronavirus as it urgently hunts for new ways to combat the deadly infection that is spreading worldwide. FILE PHOTO: The logo of the Swiss drugmaker Roche is seen on a factory…
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One hundred and one years ago, the hockey world came to a crossroads. As five members of the Montreal Canadiens—and manager George Kennedy—lay bedridden with influenza at a downtown Seattle hotel on April 1, 1919, nursing fevers that ranged from 101 to 105 degrees Fahrenheit, an unprecedented decision was made: The Stanley Cup final, scheduled…
REUTERS/Lucas Jackson Crude oil prices tanked on Monday as continued fears about the coronavirus pandemic slammed energy demand. West Texas Intermediate, the US benchmark, dropped below $20 a barrel in Asian trading, while Brent crude hit $23.03, its lowest price since 2002. The price war between Russia and Saudi Arabia and concerns about storage capacity…
Washington (CNN)The commander of a US aircraft carrier that has been hit by a major outbreak of coronavirus has been relieved of command for showing "poor judgment" days after writing a memo warning Navy leadership that decisive action was needed to save the lives of the ship's crew, acting Secretary of the Navy Thomas Modly…
NEW YORK — The Walt Disney Co. will release “Frozen 2” on Disney Plus several months early to give families cooped up by the coronavirus a welcome distraction — and give its streaming service a boost.Disney announced Friday that “Frozen 2” will begin streaming on Disney Plus Sunday, three months earlier than expected. In some countries,…
MEXICO CITY (Reuters) - Mexico’s top diplomat thanked two Chinese charities for donating medical supplies to help stem the coronavirus outbreak in an online message that went viral. “Thank you China!!!” Foreign Minister Marcelo Ebrard wrote in a Twitter post late Tuesday night, linking to a local news report about the donated supplies. The Jack…
MADRID (Reuters) - Spain overtook Italy for the first time on Friday for the number of confirmed coronavirus cases, but the overnight death toll fell from the previous day, providing a small glimmer of hope. A Spanish National Police officer is seen wearing two protective masks, during the coronavirus disease (COVID-19) outbreak, in Ronda, southern…
(CNN)The FBI reported a 41% surge in background checks by individuals attempting to purchase firearms in the United States last month, according to newly released data from the agency, a significant increase over the same period last year.The new figures indicate 3.7 million gun purchase background checks were conducted in the month of March alone,…
No bones about it — New dating reveals that people survived in Russia as the last Ice Age closed in. Kiona N. Smith - Mar 23, 2020 2:44 pm UTC Alexander PryorAs the last Ice Age tightened its hold on Europe, a group of people living near the Don River piled dozens of mammoth bones…
