International
Dollar dips after ‘potentially positive’ COVID-19 data
The U.S. dollar dipped on Tuesday after The World Health Organization said some treatments appear to be limiting the severity...
Tens or 100s of billions? Insurers consult crystal balls on coronavirus costs
Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars...
Pandemic slams global factories, activity sinks to new lows
Factory activity was ravaged across the world in April, business surveys showed, and the outlook looked bleak as government lockdowns...
A shock like no other: Coronavirus rattles commodity markets
As countries around the world contend with the health emergency of the COVID-19 pandemic, the economic effects of suspending almost all...
U.S. crude futures turn positive after historic slide, Brent dips
U.S. oil prices recovered on Tuesday to trade in positive territory after sinking below $0 for the first time ever,...
Oil price crashes into negative territory for the first time in history amid pandemic
U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut,...
World Bank Group and IMF mobilize partners in the fight against COVID-19 in Africa
The World Bank Group and International Monetary Fund today convened African leaders, bilateral partners, and multilateral institutions to spur faster...
Oil prices at 21-Year low
Crude oil futures fell on Monday, with U.S. futures dropping more than 10 percent to levels unseen since 1999 amid...
Hobbled by coronavirus, China’s first-quarter GDP shrinks for first time on record
China’s economy shrank in the March quarter for the first time since current records began almost three decades ago, as...
EU helps protect weak firms from foreign takeovers
The EU plans to help block foreign takeovers of European companies struggling with the virus downturn. It wants to allow...
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