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World 17 Sep 2020 | 5:07 AM

China becomes EU's top trading partner in first 7 months: Eurostat

BRUSSELS, Sept. 16 (Xinhua) -- In the first seven months of 2020, China became the top trading partner of the European Union (EU), a position previously held by the United States, said Eurostat on Wednesday.

World 17 Sep 2020 | 4:04 AM

Oil prices jump as U.S. inventories drop

NEW YORK, Sept. 16 (Xinhua) -- Oil prices surged on Wednesday after data showed U.S. crude stockpiles fell considerably last week.

World 17 Sep 2020 | 12:00 AM

1st LD: Building confidence crucial to ensuring worldwide economic recovery: OECD

BEIJING, Sept. 16 (Xinhua) -- The Organization for Economic Cooperation and Development (OECD) in its latest report published on Wednesday revised up its forecast for global economic output in 2020 to a contraction of 4.5 percent, which was less negative than what had been expected in June.