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Covid-19 coronavirus infections in Italy continue falling
The trend in the number of new infections from the Covid-19 coronavirus pandemic continues to trend lower in Italy.
Friday preview: Services sector surveys in the spotlight around the globe
The focus at the end of the week will be on a raft of services sector surveys due out around the world, including in the UK, US and euro area.
Europe close: Oil price spike helps stocks stay above water
Stocks on the Continent managed to keep their heads above water following the previous day's thrashing, helped by a rebound in oil futures, even as investors kept a close eye on the economic fallout of the Covid-19 pandemic.
Brent oil spikes higher after Trump says Russia and Saudi will cut output
Traders in Brent crude oil endured a roller coaster-like session after the US President said Russia and Saudi had agreed to restrain their combined output, but Russian officials quickly appeared to call that into doubt, at least in part.
FTSE 100 movers: Shell and BP pace gains as Brent surges 24%
US President Donald Trump triggered a sharp rally in crude oil futures on Thursday after doubling-down on his optimism regarding a detente between Russia and Saudi in their oil price war.
FTSE 250 movers: Hopes of Russian-Saudi detente boosts oilers
Crude oil futures rallied amid hopes for a Russia-Saudi detente in their oil price war, helping to keep losses on London's second-tier index in check.
Europe midday: Stocks buoyed by rally in crude oil futures
Stocks on the Continent are keeping their heads above water following the previous day's thrashing, helped by a rebound in oil futures, even as investors kept a close eye on the economic fallout of the Covid-19 pandemic.
US foreign trade deficit narrows more sharply than expected due to China lockdown
America's shortfall in trade with the rest of the world narrowed sharply in February as Chinese exports slowed amid the impact from the Covid-19 pandemic.
Initial US jobless claims soar during latest week
US jobless claims surged even further last week as businesses rushed to shutter activity, surpassing even the most downbeat estimates.
Chinese Covid-19 statistics intentionally incomplete, US intelligence says
US intelligence has concluded that China did not reveal the true extent of the Covid-19 coronavirus pandemic in the country on purpose.