International

Tuesday, March 31st 2020 - 09:07 UTC
Saudi Arabia wants to be Oil King again and lets prices collapse

Saudi Arabia said on Monday it will raise its oil exports to a record 10.6 million barrels per day starting from May despite a global supply glut, escalating a price war with Russia. Oil prices are languishing at 17-year lows as the coronavirus pandemic threatens a painful global recession that could further sap demand.
Tuesday, March 31st 2020 - 08:20 UTC
Falklands receives 28 coronavirus test results from UK and all are negative

The Falkland Islands hospital, KEMH, announced on Monday it has received 28 coronavirus test results back from the UK which are all negative for COVID-19, which according to the Chief Medical Officer, Dr. Rebecca Edwards means that at this stage the Falkland Islands does not yet have a confirmed case of COVID-19.
Tuesday, March 31st 2020 - 08:15 UTC
Russia's oil giant Rosneft, yields to US pressure: ceases operations in Venezuela

Russian oil production giant Rosneft said it had ceased operating in Venezuela and transferred its assets to a company own entirely by the Russian government. The move is apparently intended to shield the company from US sanctions aimed at punishing entities that do business with the government of President Nicolas Maduro.
Tuesday, March 31st 2020 - 08:10 UTC
Surprising factory activity numbers in China, according to Beijing stats office

Factory activity in China unexpectedly expanded in March after contracting sharply to a record low, but the rapid global spread of the coronavirus is expected to keep businesses and the overall economy under heavy pressure as foreign demand slumps.
Tuesday, March 31st 2020 - 07:55 UTC
World's largest meat processor confident in the recovery of the Chinese market

Brazil's JBS, the world’s largest meat processor, believes that the coronavirus pandemic may cause container shortages, port disruptions, and other logistical problems, but that exports should remain strong thanks to Chinese demand.
Tuesday, March 31st 2020 - 07:44 UTC
Small drop in Brazil's agribusiness exports to China in first two months of 2020

Brazil’s Agriculture and Livestock Confederation (CNA) held a live debate via Instagram on March 27 to assess the impact the coronavirus has had on exports.
Tuesday, March 31st 2020 - 07:20 UTC
Morrison Falklands acquired by the Irish group RSK

RSK, an integrated environmental, engineering and technical services business, has acquired construction company Morrison Falklands Ltd (now trading as RSK Falkland Islands) and consulting engineering practice Nicholas O’Dwyer, according to reports in the Irish media.
Monday, March 30th 2020 - 12:49 UTC
LATAM will continue USA and Chile Service only

LATAM Airlines Group and its affiliates announced today that they will temporarily suspend additional international services until April 30, 2020, due to travel restrictions put in place by national authorities and lower demand resulting from the COVID-19 (Coronavirus) pandemic.
Monday, March 30th 2020 - 09:05 UTC
Zaandam and Rotterdam on their way to Florida, where strict debarkation measures await

Holland America Zaandam cruise ship, carrying four bodies and scores of patients with coronavirus-like symptoms, has been given permission to cross the Panama Canal, allowing them to continue their journey toward Florida, the cruise line’s president said Sunday.
Monday, March 30th 2020 - 08:50 UTC
Cleaner air in European cities as nitrogen dioxide levels drop with lockdowns

Air pollution has decreased in urban areas across Europe during lockdowns to combat the corona-virus, new satellite images showed on Monday, but campaigners warned city-dwellers were still more vulnerable to the epidemic. Cities including Brussels, Paris, Madrid, Milan and Frankfurt showed a reduction in average levels of noxious nitrogen dioxide over Mar 5-25, compared with the same period last year, according to the Sentinel-5 satellite images.