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Tuesday, January 28, 2020

Oil rises as investors take stock of economic hit from virus

Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day fall on talk OPEC could extend oil cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices.


from Reuters: Business News https://ift.tt/2RDz1fX

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Sunak defends Covid loan scheme over excessive fraud claims

Critics say Bounce Back Loans were vulnerable to fraud, but Sunak cited need for speedy rollout from BBC News https://ift.tt/rgq61ht