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Oil climbs on Chinese factory data, U.S. stimulus hopes

Oil rose on Monday, supported by an improvement in Chinese factory data, rising energy demand and hopes for an agreement in the United States on more coronavirus-related economic stimulus. Brent crude LCOc1 rose 82 cents, or 1.9%, to $45.22 a barrel by 12:58 EDT (1658 GMT). West Texas...

Lebanon FM resigns in protest at mishandling of crisis

Lebanon's foreign minister announced his resignation Monday in protest at the government's mishandling of the worst economic crisis in decades that has forced Beirut to ask for IMF support. "I have decided to resign today as foreign minister," Nassif Hitti said in a statement seen by AFP,...