Evidence mounted of the devastating economic impact of the coronavirus pandemic on Thursday as hard-hit Europe moved to further ease lockdown measures that ground its economies to a halt.
UK output is to crash by 14 percent this year on the coronavirus, the Bank of England said Thursday as it left its interest rate at a record-low 0.1 percent.
The number of international tourist arrivals could plunge by 60 to 80 percent in 2020 owing to the coronavirus, the World Tourism Organization said Thursday, revising its previous forecast sharply lower.
British Airways owner IAG said Thursday it plunged into the red in the first quarter as the coronavirus pandemic grounded planes, adding that pre-crisis passenger demand would not return until 2023.
Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen.
China's exports saw a shock 3.5 percent rise in April despite the global impact of the coronavirus pandemic, official figures showed Thursday, partly due to rising medical exports.
Israeli Prime Minister Benjamin Netanyahu received crucial support in his bid to form a unity government Thursday, inching closer to ending more than a year of political deadlock.
The Kabul administration has released more than 900 Taliban fighters since the militants signed a landmark deal with the United States to end the war in Afghanistan, an official said Thursday.
Japan on Thursday authorised the antiviral drug remdesivir to treat coronavirus patients, the government said, with an eye to approving another medication Avigan this month.
Many thousands of migrants have been left stranded by the coronavirus pandemic, unable to move due to lockdowns and border closures around the globe, the United Nations said Thursday.
Floods have left 65 dead in Rwanda and heavy rains swept away scores of houses, several bridges and farms, the government said Thursday, as similar scenes played out across East Africa.
The EU on Thursday defended agreeing to let Beijing censor an article by European ambassadors published in Chinese media to remove a reference to the coronavirus originating in China.
US President Donald Trump called Thursday for involving China in new arms control talks with Russia, telling his Russian counterpart Vladimir Putin that they need to avoid a "costly arms race," the White House said.