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Oil prices fell more than 1% in early trade on Thursday as a spike in new coronavirus cases. (AFP Photo)

Oil prices drop on demand worries as coronavirus cases rise

A rise in US crude stockpiles to a record high for a second week in a row also weighed on sentiment

18 Jun 2020 9:27 AM IST

US offers help in cleaning huge Russian oil spill. (AFP Photo)

Despite disagreements, US offers help in cleaning huge Russian oil...

President Vladimir Putin declared an emergency and said he expects the company to pay for the clean up, which could take...

7 Jun 2020 12:34 PM IST

Google CEO Sundar Pichai. (PTI Photo)

Google CEO Sundar Pichai pledges USD 37 million to fight racism

Pichai also urged his employees to stand together in silence for 8 minutes and 46 seconds to honour

4 Jun 2020 2:38 PM IST

Oil hits three-month high over hopes for output cuts. (AFP Photo)

Oil hits three-month high over hopes for output cuts

OPEC countries including Russia may extend production cuts of 9.7 million barrels per day, or about 10% of global output...

3 Jun 2020 11:35 AM IST

A total of 375,070 deaths have been registered across the globe from 6,258,474 cases. (AP Photo)

Global coronavirus death toll tops 3,75,000

United States recorded most deaths, with 105,160, ahead of Britain with 39,045, Italy with 33,475, Brazil with 29,937...

2 Jun 2020 1:23 PM IST

Terrence Floyd speaks to a group gathered at the site where his brother George Floyd was killed by police one week ago. (Photo- AFP)

Violence won't bring back Floyd, says victim's brother

The crowd chanted, What's his name? George Floyd! and One down, three to go! in reference to four officers involved...

2 Jun 2020 12:12 PM IST

Donald Trump declares himself president of law and order amid protests. (AP Photo)

Amid racial unrest, Trump brands himself 'president of law and order'

Trump vowed to deploy the US military to America's own cities to quell a rise of violent protests

2 Jun 2020 11:03 AM IST

Tedros Adhanom Ghebreyesus, director general of the World Health Organization speaks during a news conference on updates regarding on the novel coronavirus COVID-19, at the WHO headquarters in Geneva, Switzerland. (Photo- AP)

WHO seeks good ties with US despite Trump's exit move

WHO chief Tedros Adhanom Ghebreyesus said he hoped his organisation could continue its longstanding collaboration with...

2 Jun 2020 10:13 AM IST

Moderna Inc is planning to price its coronavirus vaccine at $50 to $60 per course. (Representative Image)

Moderna to price COVID-19 vaccine at $50-$60 per course

Moderna's proposed price would apply to the United States and other high-income countries

29 July 2020 11:18 AM IST

Oil rises after surprise drop in U.S. inventories offsets demand concerns. (AFP Photo)

Oil prices inch higher after sharp drop in US crude inventories

Inventories of crude oil in the US dropped by 6.8 million barrels last week to 531 million barrels

29 July 2020 9:12 AM IST

Oil slips as rising virus cases, US-China tensions weigh on markets. (AFP Photo)

Oil prices fall amid US-China tensions, increasing pandemic fears

Oil demand has improved somewhat from the deep trough of the second quarter, supporting prices, although the recovery...

27 July 2020 2:21 PM IST

India seeks new preferential treatment from US on drugs, other goods. (AFP Photo)

India seeks concession from US for generic drugs export

India accounts for 40% of US generic drug imports, including anti-malarial hydroxychloroquine, touted by Trump in fight...

21 July 2020 11:42 AM IST