U.S. cuts rates over coronavirus economic impact as more countries report illnesses
As the new coronavirus spreads in South Korea, Europe and the United States, the U.S. Federal Reserve cut interest rates on Tuesday in an emergency...
Gold jumps, stocks slide after Fed’s rate cut
Global equity markets fell more than 3% while gold prices surged on Tuesday after the Federal Reserve cut interest rates in an emergency move to...
Team Ineos sporting director Nicolas Portal dies aged 40
Nicolas Portal, the sporting director at cycling’s Team Ineos who guided Chris Froome to four Tour de France titles, has died, his team said in...
Iran’s judo world champion Mollaei to fight for Mongolia in Tokyo
World judo champion Saeid Mollaei of Iran, who fled his country last year, will compete at this year’s Tokyo Olympics for Mongolia after the International...
Cycling team manager threatens hunger strike over coronavirus quarantine in UAE
A manager of a French professional cycling team, who has been in quarantine in an Abu Dhabi hotel due to coronavirus concerns, threatened to go...
Wall Street tumbles after Fed surprise rate cut
Wall Street tumbled in a volatile session on Tuesday after the Federal Reserve surprised investors with a half percentage-point cut in interest rates, amplifying fears...
Trump, chief Taliban negotiator speak by phone after accord
The Taliban’s chief negotiator Mullah Baradar Akhund and U.S. President Donald Trump held a 35-minute telephone call on Tuesday, a Taliban spokesman said, in what...
15,000km away, Tahiti becomes 2024 Paris Games surfing venue
The island of Tahiti was approved as the site of the 2024 Paris Olympics surfing venue on Tuesday even though it is 15,000km away from...
OPEC, Russia moving closer to big oil cut as coronavirus hits demand
A panel of OPEC and its allies recommended cutting oil output by an extra 1 million barrels per day (bpd) on Tuesday signaling that Russia...
Concerts, sports events canceled in Gulf as coronavirus spreads
Major concerts and sporting events in Gulf Arab states have been canceled or postponed and Saudi Arabia stepped up health screening measures in response to...