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Vatican Planning Spending Cuts As Pandemic Affects Main Source Of Funding
The Vatican was reportedly planning radical spending cuts Wednesday because the coronavirus pandemic has quashed…
Only a COVID-19 Vaccine Will Allow Return To ‘Normalcy’: UN chief
A COVID-19 vaccine may be the only thing that can bring back “normalcy,” UN Secretary-General Antonio Guterres said…
COVID-19 Global Virus Update
U.S. President Donald Trump said he will unveil guidelines to relax stay-at-home rules on Thursday, citing signs…
Real Oil Market Is Sinking And OPEC+ Deal Can’t Rescue It
The physical oil market, where millions of barrels of real cargoes are traded each day, needed OPEC+’s historic…
Oil Holds Near 18-Year Low As Demand Shock Outweighs Output Cuts
U.S. crude supplies jumped by 19.2 million barrels last week. WTI futures add 0.6% after falling to the lowest…
Stocks Rise With U.S. Futures; Dollar Extends Gain
Investors brace for new jobless figures from biggest economy. Oil holds near 18-year low after record slide in U.S.…
Coronavirus: Germany Slowly Eases Lockdown Measures
German Chancellor Angela Merkel has announced plans to slowly ease restrictions brought in to tackle the…
Trump’s National Doral Miami Golf Resort To Cut 560 Jobs
President Donald Trump’s Miami-area golf resort is cutting 560 jobs after it was shut down in response to the…
Oil Falls 4% To $28 As Demand Collapses
Oil fell 4% towards $28 a barrel on Wednesday, pressured by reports of persistent oversupply and collapsing demand…
Bank Of America’s Quarterly Profit Reduces By 48.5% As It Prepares For Loan…
Bank of America Corp (BAC.N) recorded a 48.5% fall in quarterly profit on Wednesday, as it set aside $3.6 billion…
McDonald Apologizes After Its Store In China Banned Blacks From The Premises
McDonald is in damage control mode after a restaurant in China displayed a sign banning black people from the…
Will Coronavirus End The Handshake?
The United States has become the hardest-hit country in the global Covid-19 pandemic, with more than…
Newcastle United Takeover Deal Worth £300m Close
A Newcastle United takeover has taken a step closer after new documents show that owner Mike Ashley has entered…
IMF: Global Economy To Contrast By 3% This Year, The Worst Since The Great…
The global economy will contract by 3% this year as countries around the world shrink at the fastest pace in…
Coronavirus: UK Economy ‘Could Shrink By Record 35%’ By June
The UK's independent tax and spending watchdog has warned the coronavirus pandemic could see the economy shrink by…
Ten U.S. States Developing ‘Reopening’ Plans Account For 38% Of U.S.…
The ten U.S. states coordinating plans separately from the White House to reopen businesses shut by the coronavirus…
JPMorgan Warns Of ‘Fairly Severe Recession,’ Expects Billions In Loan Losses
JPMorgan Chase (JPM), the largest U.S. bank by assets, kicked off earnings season for the big banks on Tuesday by…
Trump Says Plan To Re-Open Shuttered U.S. Economy To Be Completed Soon
President Donald Trump said on Monday that his administration was close to completing a plan to re-open the U.S.…
Getting A Coronavirus Test In Wuhan, China: Fast, Cheap And Easy
Coronavirus tests can be difficult to come by in many countries including in hard-hit parts of the United States…
New York, California And Other States Plan For Reopening As Coronavirus Crisis…
Ten U.S. governors on the east and west coasts banded together on Monday in two regional pacts to coordinate…
UK Prime Minister, Boris Johnson Tests Negative For Coronavirus
UK Prime Minister, Boris Johnson has tested negative for coronavirus before being discharged from hospital on…
Coronavirus: Amazon To Add 75,000 More Jobs
Amazon.com Inc said on Monday it plans to hire 75,000 more people for jobs ranging from warehouse staff to delivery…
Ford expects $600 million first-quarter loss due to coronavirus
Ford Motor Co (F.N) said on Monday it expects to post a pre-tax loss of about $600 million for the first quarter as…
Why The Next 4 Weeks Could Be Lethal For The Stock Market
The approaching earnings season is going to plain old suck, no thanks to the coronavirus.
Just take a gander at…
Oil Reverses Early Gains As OPEC+ Deal Fails To Revive Prices
Oil declined after an initial jump as an historic deal among the world’s top producers to cut global output by…
Coronavirus Pandemic Reveals Widening Digital Gap — UN
The United Nations Conference on Trade and Development says the global crisis brought on by the coronavirus…
ACCA Research Shows 82% of Firms Are Expecting Negative Revenue Growth
A research conducted by the Association of Chartered Certified Accountants research shows that about 82 per cent of…
Coronavirus: Rising Unemployment Threatens China’s Poverty Targets
Although China is claiming success in its battle against the coronavirus, millions have lost their jobs in the…
Talks To Cut The World’s Oil Production Drag On For A Third Day
The world’s largest oil producers were still grasping for a deal to rescue energy markets from a…
These Countries Are Reopening — Here’s How They’re Doing It
People in the Czech Republic can now shop at hardware and bicycle stores, play tennis and go swimming. Austria…