U.S. cuts rates as G7 pledges to fight coronavirus
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move to shield the world’s largest economy from the impact of the coronavirus,...
New coronavirus case in Spain’s Tenerife hotel is British guest
A British guest has been confirmed as the latest person to be diagnosed with coronavirus at a Tenerife hotel, which is under lockdown due to...
Italian coronavirus deaths jump to 79, cases climb above 2,500
The death toll from an outbreak of coronavirus in Italy has risen by 27 over the past 24 hours to 79, the Civil Protection Agency...
Coronavirus more deadly than flu but containable: WHO’s Tedros
About 3.4% of confirmed cases of COVID-19 have died, far above seasonal flu’s fatality rate of under 1%, but the novel coronavirus can be contained,...
U.S. joins False Claims Act lawsuit against Mallinckrodt
The U.S. government said on Tuesday it filed a lawsuit accusing a unit of the drugmaker Mallinckrodt Plc of improperly avoiding the payment of hundreds...
ECB ready to support economy, but governments must help, Villeroy says
The European Central Bank is ready to support the economy in the face of the coronavirus outbreak, but governments with budget leeway also need to...
Wall Street losses deepen after Fed emergency rate cut
U.S. stock markets fell sharply on Tuesday on worries that even a half percentage-point cut in interest rates might not be enough to stave off...
Exclusive: Motor racing – F1 cannot race if a team is denied entry due to virus, says Brawn
Formula One could not hold a world championship race in a country that denies access to any team due to coronavirus restrictions, motorsport managing director...
Exclusive: EU fumes at Turk migration ‘blackmail’, mulls more money for Ankara
European Union ambassadors voiced outrage at a meeting this week over what they see as an attempt by Turkish President Tayyip Erdogan to “blackmail” the...
Fed slashes interest rates in emergency move
The Federal Reserve slashed its key lending rate by half a percentage point on Tuesday in an emergency move aimed at preventing the coronavirus outbreak...
