Edition:
United States

Sonali Paul

Oil prices slip on uncertainty over U.S. recovery, stimulus

Aug 06 2020

MELBOURNE, Aug 7 Oil prices slipped on Friday, adding to losses in the previous session, on worries that fuel demand growth will drop amid a resurgence of coronavirus cases and as talks have stalled in the United States on a new stimulus deal.

Papua New Guinea's Ok Tedi copper mine halts output over COVID cases

Aug 06 2020

MELBOURNE Papua New Guinea's Ok Tedi copper and gold mine has suspended operations for at least 14 days, after seven workers tested positive for the novel coronavirus, the mine operator said.

Oil prices struggle to hold five-month high amid pandemic worries

Aug 05 2020

MELBOURNE, Aug 6 Oil prices were unchanged on Thursday, struggling to hold onto five-month highs reached in the previous session, as fuel demand worries caused by a second wave of coronavirus infections outweighed declines in the U.S. dollar.

Australia suffers record coronavirus deaths, triggering tighter curbs

Aug 05 2020

MELBOURNE Australia reported a record 15 deaths from COVID-19 on Wednesday, all in Victoria state, which was preparing to close much of its economy to control a second wave of infection that threatens to spread across the country.

CORRECTED-UPDATE 1-Australia fears contagion as Victoria state reports record coronavirus deaths

Aug 05 2020

MELBOURNE, Aug 5 Australia's Victoria state reported a record rise in new COVID-19 cases and deaths on Wednesday, as it prepared to close much of its economy to control a second wave of infection that threatens to spread across the country.

Australia's Queensland shuts state border to stem COVID-19 second wave

Aug 04 2020

MELBOURNE, Aug 5 Australia's Queensland state on Wednesday said it would close its border with New South Wales state to hold back a second wave of COVID-19, while the country's second-largest city Melbourne was set to shut most businesses from midnight.

Oil prices drop on fuel demand worries as coronavirus flares up

Aug 03 2020

MELBOURNE, Aug 4 Oil prices fell in early trade on Tuesday on concerns about fuel demand growth as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns just as major producers ramp up output.

Australia fast tracks approval process for $16 billion solar power export project

Jul 30 2020

MELBOURNE Australia's plan to fast track the approval process for a A$22 billion ($16 billion) project to export solar power to Singapore could help it secure financing earlier than planned, the project's boss said on Thursday.

Oil prices slip as COVID-19 case surge dents fuel demand hopes

Jul 29 2020

MELBOURNE, July 30 Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a rebound in fuel demand would stutter just as major oil producers are set to raise output in August.

Emergency teams battle Australia's worst virus outbreak in aged homes

Jul 29 2020

MELBOURNE/SYDNEY Australia has sent defence and emergency medical teams, usually deployed to disaster zones, to aged care homes in the city of Melbourne to help contain the country's worst outbreak of the coronavirus.

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