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Coronavirus cases in US surpass 500, deaths rise to 22

Older Americans, especially those with chronic medical concerns, should probably avoid big social gatherings and airline flights, given the rapid spread of coronavirus, a top U.S. health official said on Sunday, as investors braced for another volatile week in financial markets. Anthony...

Gulf stocks nosedive after oil prices crash

Stock markets in the energy-rich Gulf states nosedived at the start of trading Monday after oil prices crashed amid a price war after oil producers failed to reach agreement. Kuwait's Premier index tumbled 9.5 percent and trading was temporarily suspended, while the All-Shares Index lost...

Australia F1 rules out fan ban in wake of Bahrain GP move

Australian Formula One chiefs Monday ruled out any chance of the opening grand prix of the year following the lead of Bahrain and barring spectators because of the coronavirus. On Sunday it was announced that the season's second race in Bahrain would go ahead without fans in a bid to...