Wall Street slumps as Fed meets, Europe rebounds
Wall Street stocks sank on Tuesday as the Federal Reserve began a two-day monetary policy meeting, while European stocks rebounded.
Read more
UK's Johnson promises cooperation with police probing 'partygate'
The threat to British Prime Minister Boris Johnson's position deepened on Tuesday, as police said they were investigating lockdown-breaking parties at his Downing Street office and government departments.
Read more
Iran jails French 'tourist' for eight years for spying
An Iranian court has sentenced a French man to eight years in prison on spying charges, his family and Paris-based lawyer said Tuesday, arguing that Tehran was using him as a "hostage" in talks with the West.
Read more
Football reacts to Olembe Stadium Cup of Nations tragedy
Eight people died and 38 injured as fans attempted to enter the Olembe Stadium where hosts Cameroon were playing the Comoros at the Africa Cup of Nations on Monday.
Read more
IMF slashes global growth outlook amid Omicron hit
The Omicron variant of Covid-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in the world's two largest economies, the IMF said Tuesday.
Read more
US ratchets up sanctions pressure against Moscow
The United States on Tuesday warned Moscow of damaging sanctions, including high-tech export curbs, as Russian combat troops massing around Ukraine launched new exercises.
Read more
Casino operator to develop 'gaming' resort in UAE
A US-based casino operator on Tuesday announced plans to develop a multi-billion-dollar resort off the coast of the United Arab Emirates, a Muslim state in the Gulf where gambling is prohibited.
Read more
Europe warns against Russian provocation in Donbass
More than an open Russian invasion of Ukraine, European capitals fear Kiev could be lured into a clash with pro-Russian separatists in the breakaway Donbass region.
Read more
IMF warns of possible market correction as interest rates rise
Global equity markets that have see-sawed in recent weeks but show signs of "overvaluation" are at risk of a sharp correction as major central banks raise interest rates, a top IMF official said Tuesday.
Read more
Kurds locked in tense Syria prison standoff with IS jihadists
US-backed Kurdish forces tightened the noose Tuesday around armed jihadists hunkering down inside a Syrian prison, with both sides facing a bloodbath or talks to end the five-day-old standoff.
Read moreIn The News
