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With oil industry in crisis, hedge funds sense turning point

Hedge fund managers sensed oil prices were nearing a turning point last week, and for the first time in more than two months started to add long positions in anticipation prices would bounce from an unsustainable low. Overall, hedge funds and other money managers were still net sellers of...

Italy records lowest virus death toll in over two weeks

Italy Sunday recorded its lowest daily death toll from the novel coronavirus in over two weeks and saw the number of critical care patients decline for the second day. The 525 official COVID-19 fatalities reported by the civil protection service were the lowest since 427 registered on March...