OPEC again slashed its forecast for global oil demand this year as the coronavirus outbreak causes a global recession, although it said record supply cuts by the group and other producers were already helping rebalance the market.
People attending Masses in St. Peter's and other papal basilicas in Rome will have their temperature checked as part of measures to contain the spread of coronavirus, the Vatican said on Thursday.
The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of sanctions penalties, standards that maritime players and a senior State Department official said were modified following months of discussions with industry.
France announced measures worth €18 billion (US$19 billion) to support its tourism sector, which has been hammered by the COVID-19 crisis and resulting shutdown in beaches, leisure attractions, and hotels.
China's industrial output returned to growth for the first time this year in April, official data showed on Friday, as the country continued its gradual recovery after the coronavirus brought activity to a near-halt.
President Donald Trump is mobilizing the U.S. military to distribute a novel coronavirus vaccine when one becomes available and will focus first on older Americans.
The World Trade Organization chief announced on Thursday he will step down on August 31, a year before his term ends, despite the COVID-19 pandemic ravaging the global economy. Brazil's Roberto Azevedo said it had been a “personal decision” reached with his family, and stressed that he was not leaving to pursue “political opportunities”.
Britain’s pubs may be shut, but one east London brewer has found a novel way to keep the beer flowing - by packing his kegs into a van and pulling pints on people’s doorsteps.
Chile ordered a mandatory total quarantine for the capital Santiago's seven million people on Wednesday, after authorities reported a 60% spike in coronavirus infections in 24 hours, dealing a stunning blow to hopes the economy would soon reopen.
Brazil registered a record number of new cases of COVID-19 on Wednesday surpassing France's tally to become the sixth-worst hit country, as the coronavirus sends the economy towards its worst year since at least 1900.