Prison riot kills 23 in Colombia as Chile enforces virus curfew

Panic over the spread of the coronavirus sparked a prison riot in Colombia that killed 23 inmates on Sunday, as Chile became the latest Latin American country to announce restrictions on movement.Rioting swept through the crowded jail overnight in the Colombia

Trillion-dollar US economic rescue package crashes in Senate

economy, business and finance

A trillion-dollar Senate proposal to rescue the reeling US economy crashed to defeat Sunday after receiving zero support from Democrats, and with five Republicans absent from the chamber because of virus-related quarantines.Democrats said the Republican plan f

Italy sees second successive drop in virus deaths

economy, business and finance

Italy reported a second successive drop in daily deaths and infections from a coronavirus that has nevertheless claimed more than 6,000 lives in a month.The Mediterranean country has now seen its daily fatalities come down from a world record 793 on Saturday t

Fed ramps up help to US economy on life support

economy, business and finance

The Federal Reserve launched an unprecedented effort on Monday to flood the US economy with money amid the chaos caused by the coronavirus pandemic, as Congress debated a rescue plan for American workers and companies.Like patients around the world battling th

Madrid ice rink turned into morgue due to coronavirus

economy, business and finance

An ice rink inside a Madrid shopping mall was on Monday turned into a temporary morgue on Monday to deal with a surge in deaths in the Spanish capital due to the coronavirus, local officials said.The ice rink at the Palacio de Hielo, or Ice Palace, shopping ce

How the coronavirus has hit global sport

economy, business and finance

The Tokyo Olympics became the latest sporting casualty of the coronavirus pandemic on Tuesday following the decision to postpone the sporting extravaganza until next year.Football, basketball, golf, motorsport, cricket and tennis have all fallen victim to the

Stocks brush aside record US unemployment surge

economy, business and finance

Stocks shot higher Thursday as investors brushed aside a record surge in US unemployment benefit claims, instead focusing on progress toward a massive stimulus plan and a pledge by world leaders for a "united front" in the fight against the coronavirus pande

Epidemic infects Europe with 'germ of division'

economy, business and finance

The European Union has faced and survived a series of existential threats over the years but the coronavirus epidemic has exposed old wounds that could yet prove fatal.A debt crisis in Mediterranean countries, a series of refugee influxes and the ongoing saga

US could take equity shares in coronavirus-hit airlines: officials

economy, business and finance

The US government could take equity shares in airlines and other troubled but vital American corporations as it moves to stabilize an economy amid the new coronavirus pandemic, top US officials said Sunday.White House economics adviser Larry Kudlow said the go

Privacy rights may become next victim of killer pandemic

economy, business and finance

Digital surveillance and smartphone technology may prove helpful in containing the coronavirus pandemic -- but some activists fear this could mean lasting harm to privacy and digital rights.From China to Singapore to Israel, governments have ordered electronic

Trump warns coronavirus shutdown could 'destroy a country'

economy, business and finance

President Donald Trump insisted Tuesday that he wants the coronavirus lockdown relaxed in the United States by mid-April, warning that keeping the measures in place could "destroy" the country."A lot of people agree with me. Our country -- it's not built t

Quarantine stills concrete jungle of Sao Paulo

economy, business and finance

Latin America's biggest city, the traffic-clogged concrete jungle of Sao Paulo, slowed to an eerily quiet lull Tuesday as it went into partial quarantine in a bid to stop the new coronavirus from ravaging Brazil.A few walkers and joggers were the only signs o

Airbnb to offer housing to 100,000 crisis responders

economy, business and finance

Airbnb said Thursday it would provide free or subsidized housing for up to 100,000 relief workers responding to the coronavirus pandemic around the world.The home-sharing platform said it would subsidize the stays for health professionals and other emergency r

Mideast airlines must tap handouts to survive virus crisis

economy, business and finance

As coronavirus grounds airlines, plunging the industry into unprecedented crisis, Middle East carriers that have been in the red for years must urgently tap assistance from governments facing their own revenue slump.Authorities across the region have taken dra

Coronavirus test kits pour off South Korean production line

economy, business and finance

Every few seconds, a batch of white plastic cases shoots along a conveyor belt in a South Korean factory â€“- coronavirus test kits destined for export around the world as the global pandemic sends demand soaring.SD Biosensor is one of five South Korean compan

Olympics delay a blow for virus-hit Tokyo hotels

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