Oil prices rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain a supply glut built up during the coronavirus crisis. Brent crude LCOc1 advanced 78 cents, or 2.6%, to $30.41 at 1216 GMT, while U.S. West Texas Intermediate...

U.N. Secretary-General Antonio Guterres said Friday that the coronavirus pandemic keeps unleashing "a tsunami of hate and xenophobia, scapegoating and scare-mongering" and appealed for "an all-out effort to end hate speech globally." The U.N. chief said "anti-foreigner sentiment has surged...

The Bank of England warned Thursday that the British economy could suffer its deepest annual contraction in more than three centuries as a result of the coronavirus pandemic, before bouncing back next year. In what it describes as a "plausible" scenario, the bank said the British economy...

Egypt's economy had just started to recover after years of political turmoil and militant attacks when the coronavirus crisis hit, impacting especially its vital tourism sector. Now President Abdel Fattah al-Sisi's government has loosened a strict curfew for the Muslim holy month of Ramadan...