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Dollar slips against commodity currencies as Brent surges

By Tom Wilson LONDON (Reuters) – The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. As Brent crude <LCOc1> surged on signs producers were cutting production to address collapsing demand for […]

Lebanon approves financial, legal advisers on debt restructuring-government source

BEIRUT (Reuters) – Lebanon has given approval for U.S. investment bank Lazard <LAZ.N> to be its financial adviser on debt restructuring, a government source said on Tuesday, with the heavily indebted state facing a major financial crisis. At a cabinet meeting on Tuesday, approval was also given for law firm Cleary Gottlieb Steen & Hamilton […]

Couple with COVID-19 arrested on plane after fleeing Dutch quarantine hotel

A married couple who tested positive for COVID-19 have been arrested after fleeing a quarantine hotel in the Netherlands before attempting to leave the country. The pair were arrested on an aeroplane that was about to take off at Amsterdam’s Schiphol airport on Sunday evening, according to Dutch police. Officers did not release the names […]