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Russia’s first McDonald’s scraps 30th anniversary giveaway due to coronavirus fears
MOSCOW (Reuters) – Russia’s first McDonald’s restaurant has scrapped a plan to sell Big Mac burgers for virtually nothing to mark its 30th anniversary over fears it would attract huge crowds, which authorities have advised against due to coronavirus fears. The restaurant on Moscow’ central Pushkin Square, was due on Friday to sell the Big […]
Turkey reconverts Istanbul's Hagia Sophia museum into a mosque
President Erdogan declares iconic cultural site reopen to Muslim worship after a court ruling. Turkey’s president Recep Tayyip Erdogan has declared Istanbul’s Hagia Sophia open to Muslim worship after a top court ruled that the building’s conversion to a museum by modern Turkey’s founding statesman was illegal. Erdogan made the announcement on Friday an hour […]
China cuts medium-term borrowing costs to record low, steps up pandemic battle
SHANGHAI (Reuters) – China’s central bank on Wednesday stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as the coronavirus crisis slammed the brakes on growth. Combined the moves inject a total of $43 billion into […]