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Oil prices slump as virus-related demand concerns resurface

Oil prices tumbled around 7% on Thursday, fueled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while the United States saw another large build in crude inventories. U.S. coronavirus cases surpassed 2 million on Wednesday, according to a Reuters...

Nearly 50 dead in migrant shipwreck off Tunisia: new toll

 More than 50 people, mostly from sub-Saharan Africa, died when a boat carrying migrants bound for Italy sank off Tunisia, a health official said Thursday in an updated toll. Another 17 bodies were recovered, raising the total to 52 since the authorities were alerted by fishermen near...

US economy will stay open even in second virus wave: Mnuchin

US Treasury Secretary Steven Mnuchin said Thursday there will be no more shutdowns to stop the coronavirus pandemic, even as the outbreak flares in some states. "We can't shut down the economy. I think we've learned that if you shut down the economy, you're going to create more damage,"...