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PETALING JAYA: A fresh wave of coronavirus (Covid-19) cases could see prolonged low crude oil prices as demand for fuel is plunging due to longer movement restriction globally.
MOGADISHU (Reuters) - At a government building in a former United Nations compound in Mogadishu, Khadar Sheikh Mohamed stares at a bank of giant screens displaying weather conditions across the country.
Microsoft has emerged as a saviour to young users of TikTok, who praised the tech industry giant for trying to buy parts of the social media company's operations, in hopes of avoiding a US shutdown.
WASHINGTON (Reuters) - U.S. Representative Roger Marshall won the Kansas Republican primary for the Senate on Tuesday, defeating anti-immigration firebrand Kris Kobach with the help of the party establishment, which feared Kobach would hurt Republican chances in the fall.
JAKARTA/MANILA Aug 4 (Reuters): Share markets in Indonesia and the Philippines recovered more than 1% on Tuesday after sharp falls a day earlier, as strong US manufacturing data lifted investor spirits globally, offsetting worries over surging coronavirus cases at home.
MELBOURNE/SINGAPORE, Aug 4 (Reuters): Oil prices eased on Tuesday amid concerns that a fresh wave of Covid-19 infections around the world will see a pickup in fuel demand stalling amid tighter lockdowns - just as major producers ramp up output.
SINGAPORE, Aug 4 (Reuters): Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February.
LONDON: BP cut its dividend for the first time in a decade after a record $6.7 billion second quarter loss when the coronavirus crisis hammered fuel demand and it sought to win over investors by speeding up its reinvention as a lower carbon company.
LONDON: BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.