Dow rebounds 1,050 points as Trump seeks $1 trillion stimulus

NEW YORK: Wall Street stocks rallied Tuesday on expectations for massive federal stimulus to address the economic hit from the coronavirus, partially recovering some of their losses from the prior session. The Dow Jones Industrial Average finished up 5.2 percent or around 1,050 points at 21,237.31, a day after shedding almost 3,000 points. The broad-based […]

Coronavirus: Saudi Arabia suspends work in private sectors for 15 days

Cairo: Saudi Arabia suspended work in private sectors except health and food services for 15 days, state news agency reported early on Wednesday. Saudi Arabia has reported 171 cases of coronavirus so far, and has taken measures to limit the spread of the pathogen, including closing mosques for daily prayers and announcing an extraordinary virtual […]