Exhausted Dutch minister leading coronavirus fight quits
The minister leading the Dutch government’s fight against the coronavirus resigned on Thursday, a day after collapsing from exhaustion during a parliamentary debate on the epidemic.
U.S. oil surges 20% after three-day sell off
U.S. oil prices rose 20% on Thursday, recouping some losses from a sell-off that drove prices to near 20-year lows, but analysts saw the rebound as a brief reprieve, anticipating more weakness as the coronavirus outbreak takes its toll on global demand…
Trump says he will enter Saudi-Russia oil fray at appropriate time
U.S. President Donald Trump on Thursday said he would get involved in the oil price war between Saudi Arabia and Russia at the appropriate time, saying low gasoline prices were good for U.S. consumers even as they were hurting the industry.
CDC reports 10,491 coronavirus cases, 150 deaths
The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 10,491 cases of coronavirus, an increase of 3,404 from its previous count, and said the death toll had risen by 53 to 150, the biggest one-day jump so far.
Wall Street ekes out gains as Fed steps in
Wall Street tried to bounce back on Thursday from dramatic losses in the previous session, as policymakers around the world pulled out all the stops to try and stave off a deep and lasting coronavirus-driven recession.
Exclusive: Ferrari and Fiat look at helping Italy make ventilators in coronavirus crisis
Italian carmakers Ferrari and Fiat Chrysler are in talks with the nation’s biggest ventilator manufacturer to help to boost production of the life-saving machines that are urgently needed in the coronavirus crisis, company officials said on Thursday.
Amazon asks shoppers to cooperate with U.S. probe of third-party sellers
Amazon.com Inc has started asking customers to cooperate with a Department of Justice criminal investigation of third-party sellers on its e-commerce marketplace, according to an email seen by Reuters.
American Airlines says bookings still falling, working on more flight cuts
American Airlines Group Inc is working on more network reductions “in real-time” as it sees booking continuing to decline, President Robert Isom told employees in a letter on Thursday.
Rich world pumps aid as coronavirus deaths in Italy overtake China
The world’s richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China where the virus originated.
Coronavirus patients flood hospitals in Swiss canton next to Italy
The southern Swiss canton of Ticino on the border with Italy is being swamped with coronavirus patients and authorities are battling to find enough intensive care beds, a top public health official said on Thursday.
