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Saudi stocks decline again as oil sinks further

Saudi Arabia’s main stock index dropped for a third day, finishing below a mark it has held since December, as the coronavirus reduces demand for oil. The Tadawul index fell 1.3 percent, the most among major gauges in the Middle East and below its 100-day moving average for the first time...

Iranians feel strain of turmoil and sanctions

On a crisp winter's day the snow glistens on the mountains above Tehran, but the mood is as heavy as the pall of pollution that often shrouds Iran's capital. In a country weighed down by sanctions, shaken by protests and stressed by military tensions with the United States, many Tehranis...

EU calls emergency talks on new coronavirus

The European Union will host an extraordinary meeting of health ministers Thursday, along with a WHO envoy, to discuss the novel coronavirus outbreak. So far, only around 30 cases of the new strain have been detected in Europe, but the World Health Organisation warns that cases outside...

Death toll from China’s coronavirus jumps to 900

The number of deaths from China's new coronavirus epidemic jumped to 902 on Monday after the hardest-hit province of Hubei reported 91 new fatalities. In its daily update, Hubei's health commission also confirmed another 2,618 new cases in the central province, where the outbreak emerged in...

Downpours to end Australia bushfires within days

Australia's months-long bushfires crisis will likely be over within days, officials said Monday as heavy rainfall extinguished several massive blazes and was forecast to douse dozens more as downpours swept south. Days of torrential rains have caused flash flooding in New South Wales and...