Oil prices fell to the lowest in more than 17 years as demand plunged amid the coronavirus pandemic.
The London-headquartered bank earlier announced the exit of CEO John Flint but gave no reason for the decision. It revealed it would axe two percent of its global workforce, or roughly 4,000 mostly management jobs.
The leading countries of the European Union leading, Germany, France and the UK, have introduced a new special purpose vehicle called INSTEX to bypass US sanctions and save the nuclear agreement with Iran.
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