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The number of Americans filing for unemployment has surged to a record high as the economy goes into lockdown due to the coronavirus pandemic. Nearly 3.3 million people registered to claim jobless benefits for the week ended 21 March, according to the Department of Labor data. That is nearly five …

Spain joined Italy on Wednesday in seeing its death toll from the coronavirus epidemic surpass that of China, as more than a billion Indians joined a lockdown that has confined a third of humanity. Markets rebounded after Washington vowed to spend $2 trillion to fend off a US economic collapse, …

Egypt began deep cleaning the area around the Giza pyramids on Wednesday as authorities work to disinfect tourist spots closed down by the coronavirus outbreak. Workers wearing face masks and gloves swept and sprayed the walkways around the bases of the pyramids, as well as the ticket office and a …

UEFA has decided to postpone the Champions League and the Europa League finals due to the ongoing health crisis across the continent. The European Football governing body said in a statement that it has formally taken the decision to postpone the club finals, originally scheduled for May 2020. It added …

A decision was taken by the International Olympic Committee in agreement with the Japanese Government and Tokyo 2020 organizing committee to delay this summer’s Olympic and Paralympic Games until 2021 due to the worldwide outbreak of Covid-19, which has hampered athletes in their preparations and seen a number of competing …

Major sporting nations Australia and Canada quit the Tokyo 2020 Olympics on Monday as organizers faced global pressure to postpone the Games due to the coronavirus crisis for the first time in their 124-year modern history. Putting back the July 24-Aug. 9 event, as is looking inevitable, would be a …

Health officials in Nigeria have issued a warning over chloroquine after they said three people in the country overdosed on the drug, in the wake of President Trump’s comments about using it to treat coronavirus. A Lagos state official said that three people were hospitalized in the city after taking …

Global stocks and US futures plunged again on Monday as governments worldwide lockdown their cities and the United States stalls on a massive stimulus package meant to help Americans handle the coronavirus pandemic. Dow (INDU) futures fell more than 900 points at one point, hitting a 5% decline that triggered …

People in the Bavarian town of Bamberg stood on their rooftops and opened their windows to sing Bella Ciao, an Italian resistance song, in solidarity with Italy where the death toll from the Covid-19 outbreak continues to rise

The world’s richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicenter Europe, with the number of deaths in Italy outstripping those in mainland China, where the virus originated. With over 242,000 infections and nearly 10,000 deaths, the epidemic has stunned …

Italians took to social media to show the upsurge in marine life as Venice’s canals are clear of boats amid the coronavirus outbreak. As nonessential businesses in Italy come to a halt, the canals of Venice were cleared of the usual boat traffic, allowing Italians to see dolphins, fish, and …

Japanese Prime Minister Shinzo Abe reiterated his desire to hold the Olympic Games in their “complete form,” and indicated he wasn’t thinking of reducing the scale of the event or holding the games behind closed doors. Speaking in parliament, Abe said that the games must be safe and secure for …

China has for the first time reported no new locally transmitted cases of the new coronavirus at its epicenter since the country started recording infections in January. China’s National Health Commission announced on Thursday that there had been no new infections in the country’s central city of Wuhan, in Hubei …

World leaders raced to shore up panic-stricken global markets on Thursday, pouring liquidity into the financial system as investors everywhere dumped assets, switching to dollars in cash amid the escalating coronavirus pandemic. Policymakers in the United States, Europe, and Asia resorted to emergency action as the pandemic left their economies …

Soccer’s 2020 European Championship has been postponed for a year as the world fights to contain the outbreak of the coronavirus, the Norwegian and Swedish FAs said on Tuesday. “Postponed until 11/6- 11/7 2021. Will get back to you after the meeting,” Swedish FA chairman Karl-Erik Nilsson said in a …

An official from the World Health Organization, the body leading the global fight against the coronavirus pandemic, said on Tuesday that two staff members have been confirmed to be infected with the coronavirus. The cases are the first at the Geneva-based organization and follow a confirmed case at the U.N. …

Coronavirus fears led to a historic drop in U.S. stocks, shut borders and disrupted daily life around the world, as governments took increasingly drastic measures to try to reduce the severity of the global outbreak. Financial markets had their worst day in 30 years despite emergency action by global central …

US stocks have plunged more than 10 percent as panic following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic that is shutting down global business and travel. About 25 minutes into trading on Monday morning, the Dow Jones Industrial Average stood …

German media reports that US Pres. Trump made a $1 billion offer to German pharma company CureVac for exclusive rights to coronavirus vaccine. Across the world, pharmaceutical companies are racing to find and develop a vaccine effective against coronavirus, and in recent days, this has led to a confrontation between …

Oil fell on Monday as an emergency rate cut by the U.S. Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus, while a price war between top producers added to a growing supply glut. Brent crude fell $2.07 to $31.78 a barrel by …