Anger mounts in Istanbul, Athens over blizzard chaos
Stranded passengers chanted protests at Europe's busiest airport in Istanbul on Tuesday and soldiers dug out snowed-in drivers in Athens as a rare blizzard stirred up anger and chaos across swathes of the eastern Mediterranean.
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US firms have only few days supply of semiconductors: govt
American companies have an average of less than five days worth of semiconductors on hand, a level leaving them vulnerable to production shutdowns if supply is disrupted, the Commerce Department said Tuesday.
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US sues to block Lockheed Martin-Aerojet deal
US authorities announced Tuesday they are suing to block Lockheed Martin's $4.4 billion takeover of Aerojet Rocketdyne, asserting the proposed deal would lead to higher costs on defense systems.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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