Oil prices fell more than 5% on Thursday as rising coronavirus cases dampened demand outlook
Brent crude LCOc1 futures fell $2.22, or 5.3%, to $40.08 a barrel by 11:10 a.m. ET (1510 GMT)
U.S. House of Representatives Speaker Nancy Pelosi said she remains hopeful of reaching agreement on COVID-19 relief. Pelosi cited lingering differences on provisions involving aid to state and local governments, small businesses, healthcare and tax policy.
'We not only have a dollars debate, we have a values debate. Still, I'm optimistic,' Pelosi said.
Canada to invest $7.5 billion in infrastructure
Canada is launching a C$10 billion ($7.5 billion) three-year infrastructure plan.
U.S. Justice Department investigating Medtronic’s ventilator acquisitions
The probe focuses on an acquisition when Covidien Plc bought a small manufacturer of ventilator systems Newport Medical Instruments in…
Boeing to move 787 Dreamliner production to South Carolina
Boeing will move the rest of its 787 Dreamliner production to South Carolina in 2021, a cost-cutting strategy.
White House open to legislation to help U.S. airlines, spokeswoman says
'We are willing to look at a plan - legislation - that is just clean legislation to protect those airline…
British health minister says government will consult parliament on new virus restrictions
British health minister Matt Hancock promised on Wednesday that the government would involve parliament more in decisions on any new…
Biden calls on world to offer Brazil $20 billion to stop Amazon deforestation
Democratic presidential candidate Joe Biden called on the world to offer Brazil $20 billion to stop Amazon deforestation.
The dollar edged higher on Wednesday after a two-day fall
The dollar was also boosted by quarter-end and month-end portfolio rebalancing.
FAA chief to conduct two-hour evaluation flight at controls of Boeing 737 MAX
The FAA's Steve Dickson is due to conduct a two-hour evaluation flight at the controls of a Boeing 737 MAX.