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Oil falls 2% on spread of China virus

Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting. Brent crude LCOc1 was down $1.29, or 2.16%, at $58.52 a barrel by 1321 GMT, having...

Brexit punches 12-bln-euro hole in EU finances

When Britain leaves the European Union at midnight on Friday the bloc loses the second-biggest net contributor to its budget, leaving a 12-billion-euro ($13-billion) hole in its finances. The United Kingdom will continue making budget contributions this year under an agreed post-Brexit...

Hamilton says he has not spoken to Mercedes about a new deal

Lewis Hamilton says he has not spoken to Mercedes about signing a new contract as he prepares to launch his bid to equal Michael Schumacher's record of seven drivers' championship titles. The British driver's £40 million ($52 million)-a-season deal expires at the end of the year and he has...

Syria's last major opposition bastion: What's next?

The Syrian government's recapture Wednesday of the key highway town of Maaret al-Numan is the latest step in a regime push to retake the opposition's last major bastion. How important is the town to the Damascus government, what's left of the ever-shrinking region, largely dominated by...