State-run oil company Saudi Aramco suspends plans to build a US$10 billion oil refinery in Liaoning, China, due to decreased global demand for oil. Its Chinese partners said they will press ahead with the project. 2020-08-21
The Spanish economy suffers a historically large fall in the second quarter of 18.5% of GDP and enters in recession, making Spain the Eurozone country most economically devastated by the pandemic. 2020-07-31
Swedish auto manufacturer Volvo Cars resumes full production at its plant in Torslanda, Sweden, which had been shut down due to the COVID-19 pandemic since March 26, 2020. 2020-04-20
U.S. Senate Majority Leader Mitch McConnell is expected to set up a second vote on a coronavirus relief stimulus bill for Monday. 2020-03-22
Before markets open, the Dow Jones Industrial Average futures posted a 1,300-point drop due to the coronavirus and a fall in the price of oil. The drop would be the most points the Dow has dropped in a single day. 2020-03-9
Global stock markets have lost US$6 trillion in value over the last six days. 2020-02-28