LONDON (Reuters) – BP (BP.L) agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $ 5 billion, leaving a sector widely seen as a key driver of growth in oil demand in the coming decades. FILE PHOTO: A BP logo at a service station in London, …
Read More »
WASHINGTON (Reuters) – US lawmakers on Tuesday will have another chance to criticize the heads of the Federal Reserve and Treasury over the effectiveness of the nearly $ 3 trillion in emergency aid apportioned to stem the economic consequences of the new coronavirus pandemic . FILE PHOTO: Federal Reserve Chairman …
Read More »
LOS ANGELES (Reuters) – California and Texas hit record peaks in new COVID-19 infections on Monday, a Reuters count showed, as Los Angeles reported a “startling” one-day surge in the second-largest city in the United States. that placed him in over 100,000 cases. Los Angeles has become a new epicenter …
Read More »
(Reuters) – Judith Ramirez is preparing for July. That’s when the hotel housekeeper and her electrician husband, who have been out of a job for three months, expect their combined unemployment benefits to drop by more than half, and their deferred mortgage payment of $ 1,500 per month due. his …
Read More »
SYDNEY (Reuters) – Australia’s second most populous state said on Monday it is considering reimposing social distancing restrictions after the country reported its biggest one-day increase in new coronavirus infections in more than two months. Powered by the state of Victoria that reported 75 cases, Australia recorded 85 new COVID-19 …
Read More »