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Updated: 7 hours 31 min ago

Equities surge, bonds tumble on surprise U.S. jobs gains

Fri, 06/05/2020 - 11:09am
An unexpected jump in U.S. employment sent world equities surging on hopes that the global economy has started to recover from the coronavirus pandemic, pulling investors out of perceived safe havens like government bonds and gold.

UK halts trial of hydroxychloroquine as 'useless' for COVID-19 patients

Fri, 06/05/2020 - 11:08am
British scientists halted a major drug trial on Friday after it found that the anti-malarial hydroxychloroquine, touted by U.S. President Donald Trump as a potential "game changer" in the pandemic, was "useless" at treating COVID-19 patients.

Factbox: Where are people around the world protesting over George Floyd?

Fri, 06/05/2020 - 11:02am
The death of African American George Floyd in the United States, after a police officer pressed a knee into his neck while detaining him, has triggered worldwide protests against racism and brutality.

OPEC+ to meet Saturday on extending cuts, pushing for compliance

Fri, 06/05/2020 - 10:27am
OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards such as Iraq and Nigeria to comply with existing curbs.

OPEC, allies coordinating to hold Saturday meeting: Saudi Arabia

Fri, 06/05/2020 - 10:27am
Saudi Arabia's energy minister said on Friday that OPEC and its allies, a group known as OPEC+, were working to hold their oil output policy meeting on Saturday.

'It's not over': COVID-19 cases rise in some nations easing lockdowns: WHO

Fri, 06/05/2020 - 10:23am
Some countries have seen "upticks" in COVID-19 cases as lockdowns ease, and populations must protect themselves from the coronavirus while authorities continue testing, the World Health Organization (WHO) said on Friday.