Newly released economic data shows the US economy is in a terrible state and may not rebound quickly even when the devastating lockdowns imposed to stop the coronavirus pandemic are lifted.
China's industrial output returned to growth for the first time this year in April, official data showed Friday, but another sharp drop in retail sales indicated crucial consumer demand remains weak, which could scotch hopes for a quick economic recovery.
The coronavirus pandemic has tipped Germany into recession, official data showed Friday, with Europe's top economy suffering its steepest quarterly contraction in more than a decade as lockdown measures began to bite.
The British government will pump £1.6 billion into London's public transport system to restore services and help prevent overcrowding as people return to work, operator Transport for London (TfL) said Friday.
Britain's Royal Mail on Friday said Rico Back had stepped down as chief executive, as the coronavirus heaps more pressure on its core letters business and hikes group costs.
A 6.4 magnitude earthquake struck Friday in a sparsely populated desert area on the border between Nevada and California, the US Geological Survey said. The quake hit at 4:03 am local time (1103 GMT) about 40 miles (60 kilometers) from the small, former m
Tens of thousands of people were forced into cramped shelters by the powerful storm pounding the Philippines on Friday, making social distancing nearly impossible as the nation battles the coronavirus pandemic.
The EU and Britain ended their latest round of post-Brexit trade talks in a state of deadlock on Friday, with both sides urging the other to fundamentally change its strategy.
Liberia has dropped charges against four former central bank bosses, including an ex-president's son, in a highly publicised graft scandal over the mishandling of banknotes worth millions of dollars.
The UN General Assembly will cast ballots in-person for five new non-permanent Security Council seats, its president said Thursday, effectively ruling out electronic voting despite the coronavirus pandemic. In a letter to UN members obtained by AFP, Presi