more than 90,000 cases

India reports global daily record of new coronavirus cases

The pandemic will not finish this year as the virus has spread from big cities to other parts of the country, Randeep Guleria, the director of the All India Institute of Medical Sciences in New Delhi, said in an interview with India Today TV

Fiscal crises

Algeria pins hopes on oil prices to avert cuts and renewed unrest

The government is offering debt and tax holidays and an $80 cash handout to needy families. "Losses of firms are being assessed. We are ready to provide financial support. Even self-employed people such as taxi drivers and hairdressers will be helped," Tebboune said

Cargo volume

Port of New York surpasses Long Beach

During 2019, the port handled 5,231,418 loaded TEUs, surpassing the loaded imports handled by the Port of Long Beach, elevating the port to No. 2 in the nation for the first time in two decades

markets

Fuel market calm ahead of IMO changeover

London - Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded, with distillate premiums falling to some of the lowest levels for two years

markets

GE brings in shipper Maersk’s CFO as finance chief

Boston - General Electric on Monday named finance head at shipper AP Moller-Maersk as its new chief financial officer in the latest top-level change aimed at turning around the U.S. industrial conglomerate

markets

BP CEO draws up plan to step down

London - BP Chief Executive Officer Bob Dudley is drawing up plans to step down next year, ending a tumultuous decade at the helm of the oil and gas company that swung from near collapse in 2010 to rapid growth