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Coronavirus drives 6.65 mn to file for US jobless benefits

AFP Washington Another 6.65 million US workers filed for unemployment benefits last week, the most ever recorded, as the coronavirus forces businesses to shut down nationwide, the Labor Department reported Thursday. The number ..

As prices fall, what are the threats to oil giant Iraq?

AFP Baghdad As crude prices plunge, Iraq’s oil sector is facing a triple threat that has slashed revenues, risks denting production and may spell trouble for future exports. So what are the challenges facing the only significant ..

AFP New York Automakers reported lower US sales on Wednesday, with purchases diving in March as the coronavirus pandemic prompted widespread economic closures in much of the country, carmakers reported Wednesday. Some ..

AFP Washington The ailing news industry, struggling during a pandemic-induced economic slump, is pressing for new government relief as media outlets scramble to keep covering the health crisis. News outlets have begun layoffs, ..