Business

Finance dep’t airs call for recruits to help economic managers craft PHL economy “bounce-back” plan

(Eagle News) -- To support economic managers in crafting a "bounce-back plan" for the Philippine economy, the Department of Finance…

Oil collapses to under $11 as world awash with crude

  by Roland JACKSON Agence France Presse US oil prices dived to 22-year lows under $11 Monday after crashing 40…

Oil prices collapse on storage fears, Asia equities mixed

HONG KONG, China (AFP) -- Oil prices collapsed to more than two-decade lows Monday as traders grow concerned that storage…

US crude falls below $15 a barrel as virus throttles demand

SINGAPORE, Singapore (AFP) -- US crude crashed to below $15 a barrel on Monday, its lowest level for over two…

Global stock markets and oil prices slide as virus impact mounts

NEW YORK, United States (AFP) -- Global stocks sank Wednesday as COVID-19 infects the global economic outlook, while oil prices…

Oil near 18-year low on demand devastation warning

  SINGAPORE (AFP) -- Oil languished at multi-year lows on Thursday, with WTI crude remaining around $20 a barrel as…

Virus sends Germany into recession, to last to mid-year

BERLIN, Germany (AFP) -- Europe's economic powerhouse Germany plunged into recession in March, with the slump sparked by the coronavirus…

Global stocks mostly rise as oil prices suffer another blow

NEW YORK, United States (AFP) -- Global stocks mostly rose Tuesday as markets embraced better coronavirus case counts in some…

Virus is snarling supply chains across US, survey says

  WASHINGTON, United States (AFP) -- Almost all US companies surveyed in the last half of March said the coronavirus…

Saudi total oil curbs could reach 19.5 million barrels

RIYADH, Saudi Arabia (AFP) -- Oil output cuts by OPEC and its allies, together with pledges from other G20 nations…

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