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Oil sinks as market doubts OPEC supply cuts will be enough

NEW YORK (Reuters) – Oil prices tumbled on Thursday on doubts that a deal between OPEC and allies to make a record oil supply cut would be enough to offset the collapse in global fuel demand caused by...

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Sign of the times: Mile-long line of cars outside California grocery giveaway

VAN NUYS, Calif. (Reuters) – A pop-up food pantry in Southern California on Thursday drew so many people that the line of cars waiting for free groceries stretched about a mile (1.6 km), a haunting...

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‘You can’t relax’: Vigilance urged as New York sees signs of coronavirus...

NEW YORK (Reuters) – Americans must resist the impulse to ease social-separation measures at the first glimpse of progress now being seen in the coronavirus battle, state government and public health...

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Trump says he had good call with Russia’s Putin, Saudi king on oil

FILE PHOTO: U.S. President Donald Trump addresses the daily coronavirus task force briefing at the White House in Washington, U.S., April 7, 2020. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – U.S....

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Spain’s coronavirus death toll curve flattening at last

BARCELONA (Reuters) – The coronavirus death toll curve in Spain flattened further on Friday as the government discussed different strategies to start phasing out one of the world’s strictest...

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UK PM Johnson in ‘very good spirits’ after leaving intensive care: spokesman

FILE PHOTO: British Prime Minister Boris Johnson holds a news conference addressing the government’s response to the coronavirus outbreak, at Downing Street in London, Britain March 12, 2020....

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Coronavirus drug hopefuls are cheap to make but may be in short supply

ZURICH (Reuters) – Drugs being re-purposed in hopes they will help against COVID-19 cost little to make but may prove challenging to produce in quantities needed for a pandemic, a drug pricing expert...

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Trump says he is speeding help to farmers hurt by coronavirus dislocation

U.S. President Donald Trump answers a question during the daily coronavirus task force briefing at the White House in Washington, U.S., April 9, 2020. REUTERS/Jonathan Ernst WASHINGTON (Reuters) –...

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Exclusive: Treasury wants warrants, repayment from major U.S. airlines on 30%...

WASHINGTON/CHICAGO (Reuters) – U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress approved last month...

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Mnuchin, Congress leaders to hold new talks on next coronavirus aid bill

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin and congressional leaders will hold bipartisan negotiations on a new coronavirus-response bill with the goal of reaching a deal by early...

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Using his own ‘metrics,’ Trump says ending U.S. shutdown is biggest decision yet

WASHINGTON (Reuters) – President Donald Trump said on Friday he faced his biggest decision yet with regard to when to re-open the U.S. economy from its coronavirus shutdown and pledged to listen to...

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Global coronavirus death toll hits 100,000, cases over 1.6 million

(Reuters) – The number of deaths linked to the novel coronavirus reached 100,000 on Friday, as the tally of cases passed 1.6 million, according to a Reuters tally. FILE PHOTO: Healthcare workers...

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Spain’s coronavirus death toll slows ahead of lockdown loosening

MADRID (Reuters) – Spain registered its lowest one-day increase in deaths from coronavirus since March 23 on Saturday, as thousands of businesses prepared to reopen under a loosening of nationwide...

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England’s coronavirus hospital death toll rises by 823 to 8,937

A message is seen on the side of a tower block in Manchester as the spread of the coronavirus disease (COVID-19) continues, Manchester, Britain, April 11, 2020. REUTERS/Phil Noble LONDON (Reuters) –...

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Congressional Republicans demand quick action on new coronavirus business relief

File Photo: U.S. Senate Majority Leader Mitch McConnell (R-KY) walks to the Senate Chamber floor on Capitol Hill in Washington, U.S. , April 9, 2020. REUTERS/Tom Brenner WASHINGTON (Reuters) – The two...

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SoftBank CEO Son says will supply 300 million masks per month to Japan

People walk on the crosswalk, downtown, which has less than usual passersby after the state of emergency was announced, following the coronavirus disease (COVID-19) outbreak, in Shinjuku City, Tokyo,...

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Mexican president’s nationalist oil vision fuels standoff with Saudis

MEXICO CITY/DUBAI (Reuters) – The biggest supply cut ever contemplated by the world’s top oil producers is hanging in the balance as a refusal by Mexico’s leftist leader to imperil his plans to...

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Empty churches, food drive mark start of Easter weekend in coronavirus-hit U.S.

NEW YORK (Reuters) – Political leaders and health experts urged Americans celebrating Good Friday and the Easter weekend under threat of the coronavirus to avoid church gatherings and observe the...

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Airlines want U.S. Treasury to scrap proposal to make some grant money repayable

WASHINGTON/CHICAGO (Reuters) – Major U.S. airlines were urging Treasury officials and the federal government’s outside advisers on Saturday to scrap or revise a proposal that would make part of the...

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U.S. senators press Saudi officials to put oil cut in motion

WASHINGTON (Reuters) – Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials...

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