March 6, 2020

Oil slides nearly 4% after Russia rejects steeper OPEC+ cut

Oil prices were down nearly 4% on Friday on concerns that OPEC might not go ahead with steeper oil output cuts to bolster prices after Reuters […]
March 6, 2020

Factbox: The economic remedies for the coronavirus

Policymakers have taken a range of approaches to deal with the economic fallout from the coronavirus, from emergency interest rate cuts and big spending packages to […]
March 6, 2020

Across Asia, countries race to boost face mask supplies

At a face mask factory just outside the South Korean capital of Seoul, workers are churning out 300,000 masks a day – and it’s still not […]
March 6, 2020

Rolling in toilet paper – Australian family over-orders coveted commodity

An Australian family is rolling in a much-coveted commodity after mistakenly ordering 48 boxes instead of 48 rolls of toilet paper online. Powered by WPeMatico
March 6, 2020

Coronavirus infections rise above 100,000 worldwide as outbreak wreaks financial havoc

The number of people infected with the new coronavirus across the world surpassed 100,000 on Friday as the economic damage intensified, with business districts beginning to […]
March 6, 2020

OPEC oil cuts deal in trouble as Russia resists

OPEC’s plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early […]
March 6, 2020

OPEC fails to secure deal with non-OPEC on oil cuts: OPEC sources

OPEC has failed to secure a deal with Russia and other non-OPEC producers on its plans for big, additional oil production cuts, two OPEC sources said […]
March 6, 2020

Wall Street slumps, investors flee to safe havens on virus fears

U.S. stocks opened sharply lower on Friday, as the global tally of coronavirus infections surpassed 100,000 and jittery investors took cover in perceived safe havens such […]
March 6, 2020

Tesla wins approval to sell longer-range China-made Model 3 vehicles

Tesla Inc has secured Chinese government approval to sell longer-range China-made model 3 vehicles in China, the Ministry of Industry and Information Technology said on Friday. […]
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