(Bloomberg) Airlines are owed almost $1 billion across 20 countries as governments seek to hang on to hard currency, depriving the industry of vital cash at a time when travel has been devastated by the coronavirus crisis.
Brazil is negotiating with Argentina on the construction of a billion-dollar pipeline from the Vaca Muerta shale gas reserves, Brazilian President Jair Bolsonaro said on Thursday.
Oil prices skidded on Thursday for a sixth session, hitting lows not seen since May, as investors pulled back over concerns about weakened global demand as COVID-19 cases climband on the back of a rise in the U.S. dollar.
Wall Street ended the day lower on Wednesday, after meeting minutes showed U.S. Federal Reserve officials split on when to ease back on economic stimulus, while COVID-19's spread weighed on oil for the fifth straight day.