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Oil prices skid as new coronavirus strain fuels demand worries

Oil prices dropped more than 3% on Monday, as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe fuelled worries about a slower recovery in fuel demand. Brent crude slid $1.74, or 3.3%, to $50.52 a barrel by 0745 GMT after...

Turkey ends nationwide weekend coronavirus curfew

Turkey ended a countrywide weekend curfew early Monday as part of measures to stem the spread of the coronavirus. The curfew began on Friday at 9 p.m. and ended on Monday at 5 a.m. local time. In late November, President Recep Tayyip Erdogan announced new COVID-19 restrictions,...

Congress seals agreement on COVID relief, government funding

WASHINGTON (AP) — Top Capitol Hill negotiators sealed a deal Sunday on an almost $1 trillion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them. The agreement, announced by...