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Saudi, Russia outline record oil cut under U.S. pressure as demand crashes OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up pr …

Saudi energy minister says OPEC+ oil pact hinges on Mexico joining Saudi Arabia's energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts. …

China's Wuhan to keep testing residents as coronavirus lockdown eases China's Wuhan city, where the global coronavirus pandemic began, is still testing residents regularly despite relaxing its tough two-month lockdown, with the country wary of a rebound in cases ev …

Helicopters, fines in Australia's Easter travel crackdown against coronavirus Australia will deploy helicopters, set up police checkpoints and hand out hefty fines to deter people from breaking an Easter travel ban, officials warned on Friday, in their toughest crackdown agains …

High U.S. unemployment, 2.5 million jobs lost through 2021: survey After a widely expected and sharp drop in the U.S. economy over the next three months, a panel of top business economists sees high joblessness persisting for more than a year in an outcome that would …

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