Oil prices fell below zero for the first time in history last night as the global lockdown decimated demand for the commodity in the midst of a price war between suppliers. Indian stocks have opened weak this morning, down over 3%, which is in line with the …
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Something bizarre happened in the oil markets on Monday: Prices fell so much that some traders paid buyers to take oil off their hands. The price of the main U.S. oil benchmark fell more than $50 a barrel to end the day about $30 below zero, the first time oil …
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People under 20 suffer the biggest decline in jobs and wages, Australian Bureau of Statistics figures show. Sign up for Guardian Australia’s daily coronavirus email · Download the free Guardian app to get the most important news notifications · Paul Karp.
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The letters started to arrive in early April. One after the other, the titans of global finance, from JPMorgan Chase & Co. to HSBC Holdings Plc, demanded the immediate and urgent repayment of hundreds of millions of dollars in loans. On the receiving end was …
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Meat packing plants across the United States are getting hit hard by COVID-19. It’s giving employees and their families some uncertainty, including a man who is working at Smithfield Foods in Crete, Nebraska. His daughter translated his conversation with …
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