What you need to know about the coronavirus right now

Here’s what you need to know about the coronavirus right now.
Oil prices rise as demand improves, supplies tighten

Oil prices rose on Monday, hitting their highest levels in more than two years supported by economic recovery and the prospect of fuel demand growth as vaccination campaigns in developed countries accelerate.
EXCLUSIVE IMF eyes new trust to provide aid to broader group of countries-Georgieva

The International Monetary Fund is exploring creation of a new trust that could allow its members to lend their IMF reserves to more countries, including middle-income countries vulnerable to climate change, IMF chief Kristalina Georgieva said on Sunday.
EXCLUSIVE Energy majors bid for Qatar LNG project despite lower returns

Six top western energy firms are vying to partner in the vast expansion of Qatar’s liquefied natural gas output, industry sources said, helping the Gulf state cement its position as the leading LNG producer while several large projects around the world recently stalled.
Bitcoin law is only latest head-turner by El Salvador’s ‘millennial’ president

The young president of small Central American nation El Salvador leapt to worldwide fame this week after his country became the first in the world to adopt bitcoin as legal tender, but Nayib Bukele is no stranger to controversy.
Spotlight on Xbox Game Pass as Microsoft showcases upcoming games

Microsoft (MSFT.O) on Sunday showcased 30 upcoming games and said most of those titles will be available on its monthly subscription service, Xbox Game Pass.
Analysis: Remittance firms slow to add bitcoin, despite El Salvador move

El Salvador may be touting bitcoin’s use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about offering cryptocurrency services.
Mexican auto parts lobby sees chip supply crunch over by December

Mexico’s main autopart association INA forecasts that the severe semiconductor chip shortage that has slammed the brakes on the global auto industry will subside in July and return to normal by the end of this year.
EXCLUSIVE Exxon losing veteran oil traders recruited to beef up profit -sources

Exxon Mobil Corp (XOM.N) has lost two top crude oil traders from its U.S. energy trading group, according to people familiar with the matter, in a continued exodus from the group.
Wall Street flat with Fed meet in focus

U.S. stock indexeswere flat on Friday as focus turned to next week’s Federal Reserve meeting, while technology and growth- exposed sectors gained after inflation data calmed fears over a long-term spike in consumer prices.