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Oil rockets as Trump signals end to price war

Oil prices rocketed Thursday after US President Donald Trump said Russia and Saudi Arabia planned to end their price war by slashing output. But gains for Brent North Sea crude of nearly 46 percent cooled to around 20 percent as Russia denied it had spoken with Saudi Arabia, the world's...

Democrats delay presidential convention until August

The U.S. Democratic Party on Thursday postponed its presidential nominating convention by a month until August, citing the coronavirus health crisis which has upended life in the country. The delay is the latest sign the coronavirus pandemic is having a profound impact on the presidential...