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Oil jumps 3% on reports of effective coronavirus drug

Oil prices jumped by more than 3% on Wednesday on reports that scientists have developed an effective drug against the fast-spreading coronavirus that has weighed heavily on global economic activity. News that the Organization of the Petroleum Exporting Countries and its producer allies are...

Syria regime presses offensive despite Turkish warning

Syrian regime forces Wednesday pressed on with their offensive in the northwest that has displaced half a million people, despite heightened tensions with Turkey. Intensive aerial bombardment and ground fighting in the jihadist-dominated Idlib region since December have killed almost 300...

Tokyo Olympic boss 'extremely worried' about deadly virus

The chief executive officer of the Tokyo Olympics admitted Wednesday that organizers are "extremely worried" about the possible effect of the deadly new coronavirus on this summer's Games. Toshiro Muto said he hoped the outbreak in China would be quickly contained to restore confidence in...