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Oil prices rise giving stocks support after 'Black Monday'

A bounce in the price of oil provided some support to under-pressure stocks in early Asian trade on Tuesday, a day after global equities suffered their biggest losses in more than a decade. Global stock markets had capitulated on what has become known as "Black Monday", with the Dow on Wall...

China quarantine hotel collapse toll jumps to 20

The death toll from the collapse of a hotel used as a coronavirus quarantine facility in eastern China has risen to 20, authorities said Tuesday, with 10 others still feared trapped in the rubble. Forty-one survivors pulled from the wreckage are injured, the Ministry of Emergency Management...

Russia deputies to vote on Putin's constitutional reform

Russia's parliament is on Tuesday expected to back President Vladimir Putin's controversial constitutional amendments that the Kremlin leader hopes will secure the country's political future for decades to come. In a key second reading parliament's lower house, the State Duma, is set to...

China's Xi pays first visit to virus epicentre Wuhan

Chinese President Xi Jinping arrived in Wuhan on Tuesday for his first visit to the epicentre of the coronavirus epidemic since the crisis erupted in January -- a major sign that officials believe the outbreak is under control. Xi's unannounced visit comes as unprecedented quarantine...

Assad forces violate ceasefire in Idlib

 (Zaman Al Wasl)- Syrian regime artillery on Monday hit the village of al-Mastouma near a Turkish observation point, in a new violation of the Russian-Turkish ceasefire that may erupt clashes and burst the last rebel stronghold in northern Syria, local activists said. At least 15...

Coronavirus: Aid groups move to block outbreak in Idlib

Aid agencies are moving to prevent a novel coronavirus outbreak in war-torn northwestern Syria, where devastated health infrastructure and massive displacement make containment an almost impossible task.  Syria has not yet confirmed any coronavirus cases, but its "fragile health...

Algerians say oil price crash shows need for reform

Plunging oil prices have increased the urgency for Algeria to reform its economy, politicians and business leaders said Monday. Energy Minister Mohamed Arkab said the country had been in "permanent consultations" with other oil producers after the collapse on Friday of an OPEC supply deal,...