Futures tumble in start to second quarter as coronavirus crisis worsens
U.S. stock index futures sank on Wednesday, as stark predictions of a rise in the U.S. death toll and worsening economic damage from the coronavirus...
Russia, U.S. hold energy talks, as Trump complains about oil cheaper than water
U.S and Russian energy officials held rare talks about oil after crude prices crashed to levels last seen about two decades ago, while President Donald...
Exclusive: Germany ready to nationalize airline Condor – sources
The German government stands ready to take over airline Condor after an agreement by Polish carrier LOT to acquire the carrier is likely to collapse,...
Explainer: Euro zone mulls package to support economy against coronavirus
With the euro zone economy in need of help during the coronavirus epidemic, officials have until April 9 to design a package that satisfies members...
Oil majors slash 2020 spending by 20% after prices slump
The world’s biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because...
Worker crunch hits world’s top medical glove maker as demand spikes
The world’s biggest maker of medical gloves is grappling with a serious shortage of workers as it tries to meet a huge surge in demand...
Oilfield spending to fall 21% as producers slash outlays: report
Global spending on oilfield equipment and services this year will fall 21% from 2019 to $211 billion, the lowest level since 2005, according to a...
Futures tumble as coronavirus crisis intensifies
U.S. stock index futures sank on Wednesday following stark predictions of a rising U.S. death toll and economic damage from the coronavirus outbreak, a day...
Chinese buyers snap up U.S. oil purchases at widest discounts ever
China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek to offload excess supplies in...
China’s ports brace for second hit as virus spread wipes out exports
China’s ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the...