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Oil rises as Trump plans to ease lockdown

Oil prices rose on Friday as President Donald Trump laid out plans to ease the U.S. coronavirus lockdown and on reports, later played down, that a drug may potentially help treat COVID-19. Brent rose by 54 cents, or 1.9%, to $28.36 a barrel by 1133 GMT, and U.S. crude CLc2 for June was up 4...

Japan offers $930 virus stimulus payment to all residents

Japan will offer a cash payment of 100,000 yen ($930) to every resident, Prime Minister Shinzo Abe announced Friday, as measures to contain the coronavirus decimate the world's third-top economy. "We are moving quickly to deliver cash to all people," Abe said in a televised news conference...

Germany charts lockdown exit with virus 'under control'

Germany said on Friday a month-long lockdown had brought the coronavirus pandemic under control, announcing plans to manufacture 50 million masks a week ahead of the first steps to loosen restrictions. Smaller shops will be allowed to reopen from Monday and some children could soon return...