Intel's next-generation chips delayed until 2022

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Intel says the production of its next-generation chips will be set back until 2022, following years of delays getting its current-generation chips on sale. The company said it was exploring "contingency plans" such as having third-party manufacturers…

US signs $2 billion vaccine deal with Pfizer and BioNTech

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The United States signed a $1.95 billion agreement with US pharma giant Pfizer and Germany's BioNTech for 100 million doses of their experimental COVID-19 vaccine, part of an aggressive push to start immunizing Americans early next year. It…

Erdogan joins thousands to pray at Hagia Sophia

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Turkey’s President Tayyip Erdogan joined huge crowds for the first prayers at Hagia Sophia in nine decades, sealing his ambition to restore Muslim worship at an ancient site long revered in both Christianity and Islam. After the call to…

Netflix warns of slowdown after subscriber surge

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Netflix has seen a surge in sign-ups due to the coronavirus lockdown, but has warned investors that subscriber growth will slow. The streaming giant added more than 10 million subscribers in the three months to July, bringing the total of…

Australia extends jobs support

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Australia will spend A$16.8 billion ($11.8 billion) to extend its wage subsidies for businesses hit by the coronavirus pandemic, as a surge in new infections in the country’s southeast threatens to keep the economy in recession. The six-month…

Oman to impose curfew, travel bans for Eid holiday

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Oman will ban travel between all its governorates from July 25 to Aug. 8, a period that includes a Muslim holiday, to prevent the spread of the new coronavirus, state news agency ONA said on Tuesday. A statement from the Health Ministry described…

Saudi king in stable condition after being admitted to hospital

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Saudi Arabia’s King Salman is in stable condition, three Saudi sources said, after the 84-year-old monarch was admitted to hospital in the capital Riyadh with what state media said was inflammation of the gall bladder. The king, who has…

Pompeo says talked 5G, trade with British PM Johnson

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U.S. Secretary of State Mike Pompeo said he discussed 5G telecommunications and a potential U.S.-UK trade deal with British Prime Minister Boris Johnson, during a trip to London. “Constructive visit with @BorisJohnson today,” Pompeo tweeted. “Our…

Greta to donate one-million-euro prize

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Greta Thunberg, the Swedish environment campaigner, has been awarded a new humanitarian prize worth one million euros. The 17-year-old founder of School Strike for Climate, won the inaugural Gulbenkian Prize for Humanity. Judges described…

EU reaches 'pivotal' coronavirus recovery deal

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EU leaders have struck a deal on a huge post-coronavirus recovery package following a fourth night of talks. It involves €750bn (£677bn; $859bn) in grants and loans to counter the impact of the pandemic in the 27-member bloc. The talks…

British ministers hold first face-to-face cabinet in months

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British Prime Minister Boris Johnson was holding his first face-to-face cabinet meeting of top ministers since March 17, underlining his push to encourage others to go back to work and boost an economy hurt by the coronavirus crisis. The…

Global economy 'not out of the woods yet': IMF

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Managing Director of the International Monetary Fund Kristalina Georgieva warned that the global economy continues to face challenges despite some signs of recovery due to the possibility of a second wave of COVID-19, and urged governments to…

Spain's coronavirus rate triples in three weeks

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The prevalence of the novel coronavirus in Spain has risen three-fold over the last three weeks as authorities struggle to contain a rash of fresh clusters, mainly in the Catalonia and Aragon regions, Health Ministry data showed on Monday. After…

Putin orders full recovery of Russia's labour market in 2021

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Russian President Vladimir Putin ordered officials to fully restore the country’s labour market, hit by the coronavirus crisis and economic shutdowns, in 2021. During a federal budget meeting, Putin said around 3 million people were registered…