Beirut explosion: How many died in Beirut? How did the explosion happen?

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Beirut is still reeling from a devastating explosion which destroyed a portion of the Lebanese capital’s port. Videos showed a violent burst emerge from a building on the city’s coastline, which cascaded […]

US slaps levy on some Canadian aluminium

US President Donald Trump has reimposed a 10% tariff on some Canadian aluminium products, saying it was done to protect US industry. Canada and the US reached a deal last year to lift tariffs on steel and aluminium imports that had been imposed on grounds of “national security”. The US had imposed a 25% tax […]

First coronavirus cases reported in Syria's Al-Hol camp

The vast tent city is home to tens of thousands of displaced people who suffer malnutrition and disease, aid groups say. Three health workers in a displaced people’s camp in northeastern Syria have contracted the novel coronavirus, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said on Wednesday. They were the first reported […]

Macron says aid to blast-stricken Lebanon won't go to "corrupt hands"

BEIRUT (Reuters) – French President Emmanuel Macron on Thursday promised aid to Lebanon but reassured angry citizens reeling from a lethal blast that killed 145 people that no blank cheques will be given to its leaders unless they enact reforms and end rife corruption. Speaking at a news conference at the end of a dramatic […]

A PICTURE AND ITS STORY: Capturing a rescue in Beirut

(Reuters) – When he first felt the ground shaking, Reuters photographer Mohamed Azakir thought Beirut had been struck by an earthquake. Then he heard the explosion. Grabbing his camera, Azakir rushed out into the streets, trying to locate the source of the blast. When he reached the port, he realized he was close. Dead bodies […]

UOB to restructure loans of those on debt holiday

United Overseas Bank (UOB) has set up restructuring teams to assess borrowers who have taken a debt holiday amid the gradual unwinding of government relief measures towards the end of the year. But given the enormous government support around the world, asset prices are unlikely to collapse, with the bank guiding that it does not […]

TREASURIES-Yield curve flattens ahead of U.S. jobs data

(New throughout) By Kate Duguid NEW YORK, Aug 6 (Reuters) – The Treasury yield curve flattened slightly on Thursday afternoon as government bond investors, who have expressed doubt about the stability of the U.S. labor market’s recovery this past week, held off from making major moves ahead of Friday’s federal jobs report. According to a […]

Uber's food-delivery business doubles; COVID-19 eviscerates rides demand

Aug 6 (Reuters) – Uber Technologies Inc said demand for its food-delivery service more than doubled in the second quarter as many users remained largely homebound, while demand for ride-hailing trips was only marginally recovering from pandemic rock-bottom. The company said that despite those larger challenges it is sticking to its goal of being profitable […]