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Hezbollah says it opposes IMF management of Lebanon crisis

The powerful Shi’ite group Hezbollah is against allowing the International Monetary Fund to manage Lebanon’s financial crisis but does not oppose Lebanon seeking the IMF’s advice, the group’s deputy leader said on Tuesday. Hezbollah, which is backed by Iran and designated as a...

Coronavirus brings Adidas sales collapse in China

German sportswear maker Adidas said Wednesday store closures in China had brought plummeting sales since the beginning of the novel coronavirus outbreak in late January. "Our business activity in Greater China has been around 85 percent below the prior year level since Chinese New Year on...