[ad_1] BEIRUT (Reuters) – Lebanon’s politically influential Maronite Christian patriarch backed the long-serving central bank governor on Sunday, after the prime minister cast bank chief Riad Salameh as responsible for a currency crash that has
Venezuela’s gasoline goes from world’s cheapest to steepest as fuel shortages bite
[ad_1] PUERTO ORDAZ/MARACAIBO, Venezuela (Reuters) – Venezuelans reported paying above $2 per liter ($7.57 per gallon) for gasoline last week amid fuel shortages, one of the world’s highest rates and a dramatic reversal for an
U.S. response to virus splinters into acrimony and uncertainty
[ad_1] WASHINGTON (Reuters) – Six weeks after U.S. President Donald Trump declared a national emergency over the spreading new coronavirus, the United States is deeply divided over the correct economic and health response. FILE PHOTO:
Daimler says China business picks up again – report
[ad_1] FILE PHOTO: A worker assembles an engine for a Mercedes-Benz S-class model at the Daimler Powertrain plant in Bad Cannstatt, as the spread of the coronavirus disease (COVID-19) continues near Stuttgart, Germany, April 22,
Prescriptions for two malaria drugs surged after Trump’s praise as COVID-19 treatment – NYT
[ad_1] U.S. President Donald Trump participates in the daily coronavirus disease (COVID-19) outbreak task force briefing at the White House in Washington, U.S. April 24, 2020. REUTERS/Jonathan Ernst/Files (Reuters) – Prescriptions for two malaria drugs
Germany warns against race to restart tourism
[ad_1] BERLIN (Reuters) – German Foreign Minister Heiko Maas has warned against reopening tourism destinations too quickly, saying Europe should agree on a common path back to freedom of travel, a newspaper quoted him as
Countries, companies risk billions in race for coronavirus vaccine
[ad_1] (Reuters) – In the race to develop a vaccine to end the COVID-19 pandemic, governments, charities and Big Pharma firms are sinking billions of dollars into bets with extraordinarily low odds of success. FILE
When oil became waste: a week of turmoil for crude, and more pain to come
[ad_1] (Reuters) – The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures, which had never dropped below $10 a barrel
Losses on Bank of China crude oil investment product could hit $1.3 billion – report
[ad_1] SHANGHAI (Reuters) – Total losses from a structured crude oil product marketed to retail investors by the Bank of China could be more than 9 billion yuan ($1.27 billion), the Caixin financial news outlet
Deutsche Bank refuses to give U.S. senators information on recent Trump dealings
[ad_1] FRANKFURT (Reuters) – Deutsche Bank has declined a request by prominent U.S. senators to provide information about the German lender’s recent business dealings with U.S. President Donald Trump and his family, according to a