Russia has reported a record one-day rise of 1,459 new cases of coronavirus Thursday, making the total number of confirmed cases to 10,131.
The number of confirmed coronavirus cases in the U.S. surpassed 400,000 on Wednesday, according to figures provided by NBC, with 12,864 fatalities nationwide.
North Korea fired two projectiles that appeared to be short-range ballistic missiles into the sea off the east coast of the Korean peninsula, South Korea's military said on Saturday.
*Tesla's Fremont plant employs over 10,000 people. NEW YORK/ BEIJING, March 18- Tesla Inc cannot continue to operate its main U.S. vehicle plant normally as its San Francisco Bay Area home began a three-week lockdown on Tuesday to slow the spread of coronavirus, a county sheriff's office spokesman said. The comment relates to Tesla's factory in Fremont, Alameda...
SINGAPORE, March 17- Oil refiners' profits for transportation fuels fell further this week, with the margin for gasoline turning negative for the first time in more than a year, according to Refinitiv data. In Asia, refiners are now losing 78 cents on every barrel of gasoline they produce from Brent crude, their widest loss in 13 months, Reuters data showed..
SEOUL, March 14- South Korea reported more recoveries from the coronavirus than new infections on Saturday for the second day in a row, as a downward trend in daily cases raised hopes that Asia's biggest epidemic outside China may be slowing. The Korea Centers for Disease Control and Prevention recorded 107 new coronavirus cases on Saturday compared with 110 a...
SEOUL, March 14- South Korea reported more recoveries from the coronavirus than new infections on Saturday for the second day is a row, as a downward trend in daily cases raised hopes that Asia's biggest epidemic outside China may be slowing. The Korea Centers for Disease Control and Prevention recorded 107 new coronavirus cases on Saturday compared with 110 a...
*Saudi, UAE offer more crude in oversupplied market. NEW YORK, March 13- Oil prices on Friday posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply. "It's a problem of an oil price war in the middle of a...
*Saudi, UAE offer more crude in oversupplied market. NEW YORK, March 13- Oil prices on Friday posted their worst week since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply. "It's a problem of an oil price war in the middle of a constricting...
*Saudi, UAE offer more crude in oversupplied market. NEW YORK, March 13- Oil prices on Friday posted their worst week since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply. "It's a problem of an oil price war in the middle of a constricting...
*Norway cenbank cuts rates, Sweden offers loans. HONG KONG/ LONDON/ NEW YORK, March 13- Central banks worldwide acted to shore up money markets after cratering share prices drove a rush for cash, hitting many regional currencies and threatening a surge in short-term borrowing costs. With most developed economies moving into partial shutdowns as the epidemic...
*Saudi, UAE offer more crude in oversupplied market. NEW YORK, March 13- Oil prices were on track for their worst week since the 2008 global financial crisis after the coronavirus outbreak rocked the world economy while top exporter Saudi Arabia and its allies stepped up plans to flood the market with record levels of supply. "It's a problem of an oil price war in the...
NEW YORK, March 13- Oil prices were lower on Friday, with Brent crude on track for its biggest weekly slide in nearly three decades as the coronavirus outbreak threatened the global economy and Saudi Arabia stepped up plans to flood markets with more crude oil. Brent crude lost 11 cents to $33.11 a barrel by 12:11 p.m. EDT, after rising to a session high of $35.78.
*Saudi, UAE offer more crude in oversupplied market. LONDON, March 13- Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 4% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply. Brent crude was up $1.24, or 3.7% on the day, at $34.46 per barrel by 14075 GMT after rising...
*Roche jumps after emergency FDA nod for virus test. While an underwhelming stimulus package from the European Central Bank had prompted extended selling in markets on Thursday, investors were holding out for injections of liquidity from other major banks, including the U.S. Italian stocks, which have been among the hardest hit as the country has so far been the...
*Saudi, UAE offer more crude in oversupplied market. LONDON, March 13- Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 7% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply. Brent crude was up $2.50, or 7.3% on the day, at $35.62 per barrel by 1245 GMT but were still 21%...
*Norway cenbank cuts rates, Sweden offers loans. HONG KONG/ LONDON, March 13- Central banks worldwide acted to shore up money markets after cratering share prices drove a rush for cash, hitting many regional currencies and threatening a surge in short-term borrowing costs. With most developed economies now also moving into partial shutdowns as the epidemic...
LONDON, March 13- Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 5% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply. Brent crude was up $1.83, or 5.5 on the day%, at $35.05 per barrel by 1100 GMT but were still 23% lower on the week- the biggest weekly drop since...
SEOUL, March 13- South Korea reported more recoveries from the coronavirus than new infections on Friday for the first time since its outbreak emerged in January, as a downward trend in daily cases raised hopes that Asia's biggest epidemic outside China may be slowing. But officials urged vigilance after new clusters of infections emerged at a call centre in a...
LONDON, March 13- Oil prices were up more than 5% on Friday but set for their worst weekly drubbing since the 2008 financial crisis as investors fretted over the coronavirus knocking demand and plans by producers to boost output. Brent crude was up $1.77, or 5.3%, at $34.99 per barrel by 1011 GMT after falling more than 7% on Thursday. "It's been a very rough week and so...
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