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World Bank to Attack Poverty in Conflict Zones

The World Bank launched a new effort Thursday to combat extreme poverty by expanding work in countries beset by violence.

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U.S. Stocks Tumble Again on Coronavirus Worries

U.S. stocks tumbled again Thursday, joining a sell-off in most global bourses over coronavirus fears, putting Wall Street on pace for its worst week since 2008.

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Asia Markets Extend Losses as Virus Takes Hold around World

Asian markets fell again on Thursday as coronavirus infections surged outside China with more new countries reporting cases and analysts warning of more pain ahead for investors.

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Hong Kong to Give Big Cash Handouts as Economy Reels from Virus

Hong Kong's government said Wednesday it will give a HK$10,000 ($1,280) handout to every permanent resident in a bid to jump-start an economy in recession after months of protests and hit further by the coronavirus outbreak.

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IMF Says Members Pledged $334 Million in Debt Relief for Somalia

More than 100 IMF members have pledged to provide $334 million in debt relief for Somalia, which then will unlock fresh funds to help the country, the International Monetary Fund announced Wednesday.

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Asian Markets Take another Hit as Virus Sweeps Globe

Asian markets fell on Wednesday, with the coronavirus spreading rapidly around the world and health chiefs warning that governments were not prepared for the outbreak.

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UK Financial Regulator Admits to Data Breach

Britain's Financial Conduct Authority on Tuesday admitted to a data breach, in an embarrassing revelation for the regulator and its boss, who shortly takes over at the Bank of England. 

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EU Will Not Do Brexit Deal 'at Any Price'

EU negotiator Michel Barnier said Tuesday that Brussels wanted a "fair and balanced" post-Brexit trade agreement with Britain, but warned the bloc would not cut a deal with London regardless of the cost.

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Travel Giant Expedia to Cut 3,000 Jobs, Report Says

Online travel giant Expedia will cut 3,000 jobs worldwide after what the company called a "disappointing" performance in 2019, US media reported Monday.

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Renault Files Civil Claim against Ghosn

French car giant Renault said Monday it was filing a civil claim for damages against former CEO Carlos Ghosn over alleged financial misconduct.

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