U.S. says to buy initial 30 million barrels of oil for emergency stockpile
The U.S. Department of Energy said on Thursday it will buy up to 30 million barrels of crude oil for the Strategic Petroleum Reserve by the end of June as a first step in fulfilling President Donald Trump’s directive to fill the emergency stockpile to …
Goldman Sachs employees in New York have contracted the new coronavirus: sources
Several employees at Goldman Sachs Group Inc’s New York headquarters are believed to have contracted the novel coronavirus, according to two sources, making it the latest Wall Street bank whose staff have been affected by the pandemic.
Colombia to suspend entry for all travelers from abroad
Colombia will block entry to everyone traveling from abroad from midnight on Monday in an effort to control the spread of coronavirus, President Ivan Duque said on Thursday.
Germany expects more than 2 million people to use short-time scheme in 2020
Germany expects a record 2.15 million people to this year make use of a scheme that allows employees to work shorter hours but keep their jobs, as the impact of the coronavirus causes havoc in the labor market, a ministry document seen by Reuters showe…
Mideast, Africa airlines in crisis as coronavirus stifles demand: IATA
Middle East and African airlines are in crisis with hundreds of thousands of jobs at risk from the coronavirus outbreak, the International Air Transport Association (IATA) said on Thursday, calling for state intervention.
From Boeing to Tennessee whiskey, coronavirus U.S. bailout requests top $2 trillion
As the coronavirus pandemic threatens to bring U.S. economic activity to a halt, American businesses are jockeying for a financial lifeline from President Donald Trump’s administration and Congress.
Uber says has enough cash to tide over coronavirus crisis: CNBC
Uber Technologies Inc has plenty of cash on hand to get through the coronavirus crisis and is seeing growth in businesses other than ride-hailing, CNBC reported https://www.cnbc.com/2020/03/19/uber-stock-pops-after-saying-worst-of-coronavirus-fallout-…
U.S. weekly jobless claims hit two-and-a-half-year high; mid-Atlantic factory activity plunges
The number of Americans filing for unemployment benefits surged by the most since 2012 to a 2-1/2-year high last week, as companies in the services sectors laid off workers because of the coronavirus pandemic.
Iran’s death toll from coronavirus rises to 1,284: official
The new coronavirus is killing one person every 10 minutes in Iran, the health ministry spokesman tweeted on Thursday, as the death toll in the Middle East’s worst-affected country climbed to 1,284.
Chad confirms first case of coronavirus: government statement
Chad confirmed its first case of coronavirus on Thursday, a Moroccan national who had traveled to the country from Cameroon, the government said in a statement.
