International

Tuesday, April 14th 2020 - 07:48 UTC
Exxon raises US$ 9,5bn to bolster its finances; shares have lost 38%

Exxon Mobil Corp on Monday raised US$ 9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster its finances while debt markets remain open to new deals.
Tuesday, April 14th 2020 - 07:19 UTC
Ex Argentine scrum-half on campaign to become World Rugby chairman

Former Argentina scrum-half Agustin Pichot has launched his campaign to become chairman of World Rugby. Pichot has drawn up a six-point plan to force change in the world of rugby - with one part, in particular, catching the eye of many.
Monday, April 13th 2020 - 12:45 UTC
Europe's largest coffin maker plant in France working overtime

At a factory belonging to Europe's largest coffin maker, OGF, in eastern France, workers are doing overtime to meet demand from families parting with their loved ones. “Due to the epidemic, we decided to manufacture just four models of coffins that are top sellers with families” compared to the 15 types usually on offer, said factory director Emmanuel Garret.
Monday, April 13th 2020 - 12:18 UTC
Foreigners in India made to write 500 times “I did not follow the rules of lockdown so I am sorry”

Foreigners who broke a coronavirus lockdown in an Indian town made famous by the Beatles, were forced to repent by writing “I am so sorry” - 500 times, officials said on Sunday. The nationwide lockdown was imposed near the end of March, with residents permitted to leave their homes only for essential services such as buying groceries and medicine.
Monday, April 13th 2020 - 12:14 UTC
Tenor Bocelli performs “The Music for Hope” from Milan's Duomo

Italian tenor Andrea Bocelli performed a solo Easter concert from an empty Milan Cathedral streamed live to millions of people around the world in coronavirus lockdown. “The Music for Hope” performance, which was streamed on YouTube from Milan's Duomo cathedral, has been watched more than 22 million times so far.
Monday, April 13th 2020 - 10:54 UTC
Oil prices recover modestly following a historic deal by world's largest producers

Oil prices jumped on Monday after swinging wildly in early trading as investors weighed whether a historic deal by the world’s biggest producers to cut output would be enough to steady a market pummeled by the coronavirus.
Monday, April 13th 2020 - 10:30 UTC
EU agrees massive emergency Euros 500bn fund; Germany says “nein” to mutual guaranteed coronabonds

European Union finance ministers have agreed on a massive emergency package designed to ensure that member-states hit hard by the coronavirus pandemic will have the necessary resources to rebuild their economies.
Monday, April 13th 2020 - 10:20 UTC
LATAM suspends all international flights until May

Latin America's biggest airline, the Brazilian-Chilean group LATAM, is suspending all international flights until May because of the coronavirus pandemic.
Monday, April 13th 2020 - 10:15 UTC
Mexico has its oil protected by a sovereign hedge ensuring against low prices

While Mexico and Saudi Arabia fought over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge shielding it from low prices. The Mexican sovereign oil hedge, which ensures the country against low prices and is considered a state secret, is a factor that may make the country less inclined to accept the OPEC+ agreement.
Monday, April 13th 2020 - 09:44 UTC
Assange fathered two children with one of his lawyers while in the Ecuador embassy

Wiki Leaks founder Julian Assange fathered two children with one of his lawyers while holed up in Ecuador's embassy in London for much of the past decade, a report on Sunday said. The 48-year-old Australian is allegedly the dad of two boys - aged two and one - born to South African-born lawyer Stella Morris, the Mail on Sunday reported.