Oil prices fall 1% as glut weighs
Oil prices opened about 1% lower on Sunday as a persistent glut continued to weigh on prices and the coronavirus pandemic eroded global oil demand...
Washington in talks with chipmakers about building U.S. factories
The Trump administration is in talks with semiconductor companies about building chip factories in the United States, representatives from two chipmakers said on Sunday....
White House considers more coronavirus aid as jobs picture worsens
The White House has begun informal talks with Republicans and Democrats in Congress about what to include in another round of coronavirus relief legislation, officials...
EU could open legal case against Germany over ECB bond-purchases ruling: Commission
The European Commission could open a legal case against Germany over a ruling by the country’s constitutional court that the European Central Bank had overstepped...
Germany’s Altmaier opposes active state role at Lufthansa
Germany is working on a “concrete model” to aid Lufthansa, Economy Minister Peter Altmaier said on Sunday, amid a political row over whether the state...
White House considers more coronavirus stimulus, with conditions: officials
The White House has started informal talks with Republicans and Democrats in Congress about next steps on coronavirus relief legislation, officials said on Sunday, but...
EU could open legal case again Germany over ECB bond-purchases ruling: Commission
The European Commission could open a legal case against Germany over a ruling by the country’s constitutional court that the European Central Bank had overstepped...
U.S. unemployment rate will get worse, Treasury’s Mnuchin says
The staggering U.S. unemployment rate reported by the government on Friday amid coronavirus lockdowns may get even worse, Treasury Secretary Steven Mnuchin said on Sunday....
Thyssenkrupp overhaul must happen faster due to COVID-19: CEO
Thyssenkrupp has less time for a wide-ranging restructuring plan than previously thought as the coronavirus pandemic is significantly burdening the already ailing conglomerate, its chief...
Exclusive: Saudi Aramco seeking to review price of SABIC deal – sources
Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC’s...