Reuters

Crude oil futures fell on Monday, with U.S. futures dropping more than 10% to levels unseen since 1999 amid concerns that U.S. storage facilities will soon be brimful with demand evaporating due to the coronavirus pandemic. The volume of…

China dismissed on Monday allegations leveled by African and U.S. diplomats that foreigners of African appearance in the city of Guangzhou were being subjected to forceful testing for coronavirus, quarantine, and ill-treatment. “We do…

Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be extended in Germany. “No one at Siemens will leave…

Wall Street closed out the trading week on a high note on Thursday as the U.S. Federal Reserve unleashed another program designed to buoy local governments and businesses crushed by massive closures to stem the coronavirus outbreak. The…

The huge cost of the coronavirus pandemic is upending Japan’s seven-year experiment to rescue the economy from its debt timebomb, as recession fears prompt calls for “helicopter money” - unlimited spending bankrolled by the central bank.…