Airplane manufacturing giant Boeing announced on Monday it would suspend 787 production at South Carolina plant amid the coronavirus pandemic.
Kirill Dmitriev, one of Russia's top oil negotiators who also heads the sovereign wealth fund, says a deal is imminent, a month after oil prices tumbled due to the coronavirus pandemic and a price war between Russia and Saudi Arabia.
As global novel coronavirus infections slow down in hardest-hit countries, Asian shares and US futures, including the energy sector, start to rebound.
Prices may decline more gradually after Saudi Arabia sent a signal that a production cut deal may be ahead, and the US has said it will put pressure on Saudi Arabia and its allies for such a deal.
British officials says it is very dangerous to spread conspiracy theories which link 5G mobile telecommunications masts to the spread of the novel coronavirus.
The continent's economy could shrink up to 1.1 percent this year, trade could fall 35 percent from 2019 levels, and oil producers, tourist destinations will be hit hard, a study by African Union says.
Beijing has encouraged factories to increase the production of medical supplies as pandemic kills over 65,000 globally and parts of the world face protective equipment shortage.
Turkish Cargo, a division of national flag carrier Turkish Airlines, plans 155 flights per week for cargo freighters and 60 flights for passenger aircrafts being used for cargo operations in April, a statement says.
Coronavirus epidemic has killed 56 Iraqis and infected more than 800 others, according to the country's health ministry. Many suspect the real numbers to be much higher, as only a few thousand people from a population of 40 million have been tested.
Oil prices have dropped by about two-thirds this year as the pandemic crushes demand and as major producers Russia and Saudi Arabia boost output in a war over market share.
Order of 200,000 Germany-bound masks from a 3M factory in China “confiscated” in Bangkok, said Berlin Secretary of Interior Geisel, calling it an “act of modern piracy." Canada's Trudeau calls US blockade of equipment a mistake that could backfire.
The financially well-off members such as Germany and the Netherlands are hesitating to help Italy, Spain and France, where thousands have been killed by Covid-19.
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