Oil futures rise on hopes of production cuts
Oil futures strengthened late in the session on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut agreement on Thursday....
McDonald’s pulls forecast as coronavirus outbreak hits sales
McDonald’s Corp global comparable sales tumbled 22.2% in March and the burger chain pulled its full-year forecast as coronavirus-related lockdowns forced it to shutter stores...
Saudi-led coalition announces ceasefire in five-year Yemen war
The Saudi-led coalition fighting Yemen’s Iran-aligned Houthi movement said on Wednesday it was halting military operations nationwide in support of U.N. efforts to end a...
Sanders quits U.S. presidential race, setting up Biden battle with Trump
Bernie Sanders, a democratic socialist whose progressive agenda pushed the Democratic Party sharply to the left, ended his White House campaign on Wednesday, clearing the...
GM, Philips to supply 73,000 U.S. ventilators in $1.1 billion effort
The U.S. Health and Human Services Department (HHS) on Wednesday awarded two contracts worth more than $1 billion to make ventilators needed to treat severely...
France to extend lockdown, coronavirus death toll close to 11,000
France reported some positive coronavirus-linked data on Wednesday, with the increase of hospital death fatalities slowing again, but the presidential palace said nonetheless the national...
Ferrari to pilot ‘Back on Track’ employee screening for coronavirus
Ferrari said on Wednesday it was piloting a project to conduct voluntary screening of employees and their families for coronavirus once the supercarmaker’s factories in...
U.S., UK cyber officials say state-backed hackers taking advantage of outbreak
American and British cybersecurity officials are warning that state-backed hackers and online criminals are taking advantage of the coronavirus outbreak to further their operations, echoing...
Record coronavirus deaths in New York, New Jersey amid fear of toll undercount
The number of coronavirus cases in New York state alone approached 150,000 on Wednesday, surpassing Spain for the most infections anywhere in the world, even...
Equities climb on hopes coronavirus pandemic is peaking
World equity markets surged and oil prices jumped on Wednesday on hopes the coronavirus pandemic is getting close to peaking and that more government stimulus...
