Oil extends gains after Trump hints at intervening in Saudi-Russia price war
SINGAPORE (Reuters) – U.S. crude oil prices rose over $1 on Friday, extending steep gains from the previous session, after U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia at an “appropriate…
Read More‘Is that it?’: Chinese report into death of doctor who raised coronavirus alarm criticized
A Chinese report into the coronavirus death of a young doctor reprimanded by police for “spreading rumors” when he tried to raise the alarm about the disease drew quick criticism online after it merely suggested the reprimand be withdrawn. The…
Read MoreNew Zealand steps up financial fight against coronavirus
WELLINGTON (Reuters) – New Zealand authorities increased financial aid for markets and bailed out the national airline on Friday, strengthening its efforts to prevent the economy from sinking into recession because of the coronavirus outbreak. The Reserve Bank of New…
Read MoreWalmart to hire 150,000 workers as shoppers surge on coronavirus fears
(Reuters) – Big-box retailer Walmart Inc (WMT.N) said on Thursday it would hire more than 150,000 hourly workers in the United States, citing a jump in shoppers due to the coronavirus pandemic. Rival Amazon.com Inc (AMZN.O) made a similar move…
Read MoreRPT-UPDATE 1-SoftBank-backed OneWeb considers filing for bankruptcy – Bloomberg News
(Repeats to add story keyword used by media customers) OneWeb, the satellite operator backed by SoftBank Group Corp , is considering a possible bankruptcy filing to address a cash crunch, Bloomberg News reported on Thursday, citing people familiar with the…
Read MoreNo, hot yoga won’t kill the coronavirus, say B.C. health officials after studio’s misleading email
No, hot yoga won’t kill the novel coronavirus. That was the somewhat exasperated message from B.C. health officials Thursday, after being made aware of an email sent out by a Bikram Yoga studio in Delta, B.C. making claims about the…
Read MoreCoronavirus live updates: Italy deaths at 3,405; cases up 41,000
Italy’s death toll from coronavirus pandemic continue to rise as China reports at least 228 new cases from abroad. The death toll from an outbreak of coronavirus in Italy rose in the last 24 hours by 427 to 3,405, overtaking…
Read MoreGLOBAL MARKETS-Asia shares seek calm, dollar rush causing stress
* Asian stock markets : tmsnrt.rs/2zpUAr4 * Stocks try to steady after punishing week * Massive fiscal and monetary stimulus offers lifeline * Dollar surges on rush to safety, strains $ borrowers * Oil firms after biggest daily rally on…
Read MoreU.S. Senate will seek deal on $1 trillion coronavirus economic aid package
WASHINGTON (Reuters) – U.S. Senate Majority Leader Mitch McConnell introduced emergency legislation on Thursday to stem the economic fallout from the coronavirus pandemic, and Republicans and Democrats agreed to meet on Friday to seek an agreement. The $1 trillion-plus package…
Read MoreOlympics: Olympic flame arrives in Japan ahead of Tokyo 2020 Games
TOKYO (REUTERS) – The aircraft carrying the Olympic flame arrived at Japan Air Self-Defence Force’s Matsushima base, Kyodo news agency said on Friday (March 20), as concerns growth whether the Games will go ahead as planned this summer amid the…
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