Turkey held talks with U.S. over possible Fed swap line: Turkish officials
Turkey has held talks with the United States about possibly securing a swap line from the Federal Reserve and has discussed other funding options to mitigate...
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Russia calls on G20 to join efforts with OPEC+ on oil market
Russian Energy Minister Alexander Novak called on the G20 group of the world's largest economies on Friday to join the efforts of the group of leading...
Kremlin says 'work' on Mexico joining oil cuts under way
The Kremlin said on Friday that "work" to persuade Mexico to join efforts to curb oil production was under way a day after marathon talks among...
Kremlin: Putin and Trump discuss OPEC+ oil cuts deal
Russian President Vladimir Putin and U.S. President Donald Trump, in a phone call on Friday, discussed a potential global deal on oil production cuts by the...
Paycheck Protection Program aid opens for sole proprietorships and independent contractors
Today is the first day independent contractors and self-employed individuals can apply for the $349 billion Paycheck Protection Program.
Turkey held talks with U.S. on possible Fed swap line: Turkish officials
Turkey has held talks with the United States about possibly securing a swap line from the U.S. Federal Reserve and has discussed other funding options to...
G20 ministers to propose task force on next steps to help oil market: India
G20 energy ministers in their joint statement will propose setting up a task force to advise ministers on the steps needed to stabilise the oil markets...
U.S. consumer prices record largest drop in five years
U.S. consumer prices fell by the most in more than five years in March and further decreases are likely as the novel coronavirus outbreak suppresses demand...
3M sues distributor for alleged price gouging of N95 respirators in New York
3M Co said it filed a lawsuit against Performance Supply LLC on Friday, alleging that the New Jersey-based company had posed as an authorized vendor of...
Saudi, Russia work oil cut deal in G20 talks, seek U.S. participation
Top oil nations were finalising a deal at G20 talks on Friday for big output cuts to lift prices slammed by the coronavirus crisis with Russia...
Crisis blocks Airbus plan for new A321 jet plant in France
Airbus has shelved plans to add a French assembly line for its A321neo just 10 weeks after the expansion was launched, as the coronavirus fallout spreads...
Trump, Putin discuss coronavirus, global energy markets: White House
U.S. President Donald Trump spoke with Russian counterpart Vladimir Putin on Friday about the coronavirus and energy markets, the White House said.
Mexico says U.S. to help it make oil cuts aimed at global reduction
The United States agreed on Thursday to make 250,000 barrels per day in additional cuts to oil output to help Mexico contribute to global reductions, Mexican...
Exclusive: Coronavirus-hit airlines in push for divisive route subsidies
Major airlines are seeking operating subsidies for key routes once coronavirus restrictions are lifted, a leaked lobbying document shows, stoking tensions with some low-cost carriers that...
Apple, Google to create contact tracing technology to fight coronavirus spread
Apple Inc and Alphabet Inc's Google said on Friday that they will work together to create contact tracing technology that aims to slow the spread of...