The number of coronavirus cases in Italy, Europe’s worst-hit country, leapt by more than 1,200 in a 24-hour period, the Civil Protection Agency said on Saturday, the biggest daily rise since the epidemic began two weeks ago.
The Maldives on Saturday reported its first two confirmed cases of new coronavirus, and placed two of its island resorts under lockdown, as authorities conducted further tests to try to limit the spread of the disease.
The number of confirmed coronavirus cases in Germany jumped by more than 100 on Saturday, reaching 795 by mid-afternoon amid growing concern at the economic impact of the spreading epidemic on one of the world’s most trade-dependent economies.
(Bloomberg) — Saudi Arabia kick started an all-in oil price war on Saturday, slashing the official selling prices for its flagship crude Arab Light by the most in 20 years, in an effort to push as many barrels into the market as possible.The cut by Saudi Aramco, the state-owned oil company, came after the collapse of the OPEC+ talks a day earlier, ending the cooperation between Saudi Arabia and Russia that has underpinned oil prices since 2016.The state producer lowered April pricing for crude oil sales to Asia by $4-$6 a barrel to Asia and to the U.S. by $7 …read more […]
The death toll from an outbreak of coronavirus in Italy slowed down on Saturday but the total number of cases in the country leapt by over 1,200, the Civil Protection Agency said.
(Bloomberg) — At 10:16 a.m. on a wet and dreary Friday morning, Russia’s energy minister walked into OPEC’s headquarters in central Vienna knowing his boss was ready to turn the global oil market upside down.Alexander Novak told his Saudi Arabian counterpart Prince Abdulaziz bin Salman that Russia was unwilling to cut oil production further. The Kremlin had decided that propping up prices as the coronavirus ravaged energy demand would be a gift to the U.S. shale industry. The frackers had added millions of barrels of oil to the global market while Russian companies kept wells idle. Now it was time …read more […]
Foreign nationals living in the Czech Republic will have to enter a two-week coronavirus quarantine if they return to the country from Italy, the European nation hit hardest by the epidemic, Prime Minister Andrej Babis said on Saturday.
A second member of France’s National Assembly has been taken to hospital after contracting coronavirus and five other lawmakers are being tested for the illness, the lower house’s presidency said in a statement on Saturday.
The Maldives on Saturday reported its first two confirmed cases of the new coronavirus.
A U.S. judge said Amazon.com Inc is likely to succeed in its challenge to the U.S. Department of Defense’s decision to award an up to $10 billion cloud computing deal to Microsoft Corp.
U.S. Court of Federal Claims Judge Patricia Campbell-Smith’s opinion was unsealed on Friday. On Feb. 13, she issued an order blocking work on the contract pending resolution of Amazon’s court challenge. Amazon contends the contract was awarded to its rival because of improper influence by President Donald Trump. …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]
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