The U.S. dollar rose against the Saudi riyal in the forwards market on Wednesday after oil prices slumped, with Brent crude futures dropping to their lowest in more than two decades as the coronavirus pandemic caused demand to collapse. One-year dollar/riyal forwards rose as high as 264.3...

The Kremlin said on Wednesday that it was too early to draw any conclusions about possible additional steps to stem the slump in oil prices before the global deal agreed by the OPEC+ group takes effect on May 1. Oil prices slumped to less than $16 a barrel on Wednesday, hitting their lowest...

Germany's vaccines regulator approved live human testing of a potential vaccine against the Covid-19 virus developed by German biotech company BioNTech , the regulator said in a statement Wednesday. The trial, only the fourth worldwide of a preventive agent targeting the virus behind the...

Netflix picked up nearly 16 million global subscribers during the first three months of the year, helping cement its status as one of the world’s most essential services in times of isolation or crisis. The quarter spanned the beginning of stay-at-home orders in the U.S. and around the...