Saudi Arabia said on Friday that it was not in talks with Russia to stablise crude prices despite overtures from Moscow and rising pressure from Washington to call a truce in an oil price war.

Seventy percent of people in Canada, France, Germany, Italy, Japan, the United Kingdom and the United States expect their household to lose income due to the coronavirus outbreak, according to a survey on Wednesday.

United States senators and Trump administration officials have reached an agreement on a significant economic stimulus bill to alleviate the economic effect of the coronavirus pandemic, White House official Eric Ueland has said.