The coalition announcement would take place around 1100 local time (1300 GMT) on Friday.

32 teams in event will be vying for a massive $125 million

River current could scupper plans to stage rowing contest

Trade war fears intensify as Trump imposes 25% tax on vehicles not built in US

On Wednesday, oil prices rose about 1% to their highest since February.

Putin says Trump serious about buying Greenland, adds US will keep pushing interests in Arctic; not Russia's concern.

Istanbul Mayor Ekrem Imamoglu was jailed pending trial for graft on Sunday.

Pak firms added to US export blacklist

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Group is back in spotlight after recent hiatus