By Scott DiSavino NEW YORK (Reuters) – Oil prices rose modestly on Tuesday, but settled off the day’s highs as the coronavirus pandemic’s heavy toll on demand offset hopes for a forthcoming $2 trillion U.S. economic relief package. India, the world’s third largest oil consumer, ordered its 1.3 billion residents to stay home for three […]
MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) has asked the Italian government for a state-backed three-year loan, to help the automaker pay suppliers and continue its investment plan in the country, UILM union said on Saturday. FCA confirmed to UILM that it had asked Rome for a loan to be paid back in three years, […]
BEIJING (Reuters) – China National Energy Administration on Saturday urged coal miners to resume production to keep the market supplied and stabilize prices amid the coronavirus outbreak that has killed more than 250 people and infected over 10,000. The administration will strictly ban activities such as raising coal prices beyond their contracts, refusing to fulfill […]
