Oil prices climbed on Friday on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China’s COVID-19 curbs and weakness in the global economy loomed over the market. Brent crude futures were up $1.59, or 1.7%, to $93.95 a barrel by 11:19 a.m. …
Read More »Monkeypox outbreak can be eliminated in Europe, WHO says
It is possible to eliminate the monkeypox outbreak in Europe, World Health Organization officials said on Tuesday, highlighting evidence that case counts are slowing in a handful of countries. There are encouraging signs of a sustained week-on-week decline in the onset of cases in many European countries, including France, Germany, …
Read More »Gas prices set new record in Europe amid fears of Russian supply cuts
European natural gas prices have hit new records in the aftermath of sanctions targeting Russia’s energy sector, prompting several European countries such as Italy and Spain to take new measures to bring the crisis under control. Europe’s benchmark Dutch TTF gas contract advanced to 318 euros per megawatt on Thursday, …
Read More »Champions League draw: Lewandowski, Barca to face Bayern as English teams avoid group of death
A Barcelona-Bayern Munich pairing headlines the Champions League group stage draw as the Premier League teams all avoided what looks to be the group of death. Internazionale also lines out in that tough Group C, with Czech club Viktoria Plzen given the rough end of the stick as the fourth …
Read More »Oil prices ease on possible Iran oil exports, rising interest rates
Oil prices eased on Thursday in volatile trade as investors braced for the possible return of sanctioned Iranian oil exports to the market and on worries that rising U.S. interest rates would weaken fuel demand. The prospect that the OPEC+ producer group could curb oil supplies limited the decline in …
Read More »Europe facing its worst drought for 500 years: Study
47 percent of Europe is under warning conditions with a clear deficit of soil moisture, European Drought Observatory says. Europe is facing its worst drought in at least 500 years, with two-thirds of the continent in a state of alert or warning, reducing inland shipping, electricity production, and the yields …
Read More »DR Congo declares Ebola resurgence after new case confirmed
Health authorities in the Democratic Republic of the Congo declared a resurgence of the Ebola virus after a new case was confirmed in the country’s eastern province of North Kivu. The new case was identified after samples from a 46-year-old woman in Beni, a town located in North Kivu, tested …
Read More »Europe braces for more cuts in Russian oil and gas exports
Europe faces fresh disruption to energy supplies due to damage to a pipeline system bringing oil from Kazakhstan through Russia that was reported by the pipeline operator on Monday, adding to concerns over a plunge in gas supplies. CPC, which handles about 1% of global oil and whose largest shareholder …
Read More »PSG coach denies bad blood between Neymar and Mbappe
Paris Saint-Germain coach Christophe Galtier said on Friday there is no bad blood between star forwards Kylian Mbappe and Neymar. Neymar insisted on taking the team’s second penalty against Montpellier last Saturday after Mbappe had missed the first. Mbappe did not celebrate after Neymar converted the spot kick. Galtier called …
Read More »WHO recommends Valneva’s COVID vaccine
The World Health Organization (WHO) on Thursday recommended the use of French drugmaker Valneva’s COVID-19 vaccine. The UN agency also recommended the use of a second booster dose for some individuals at high risk of severe disease. However, that does not constitute a general recommendation of vaccinating all adults, and …
Read More »UK suffers worst inflation rate in G7 amid record soaring prices
Britain is suffering the worst inflation rate among the G7 countries with skyrocketing prices further tightening the squeeze on the British public.
Read More »Sanofi drops experimental breast cancer drug after second trial fails
Sanofi has stopped further work on amcenestrant, a treatment once seen to have strong commercial potential in breast cancer after a second trial failure dealt a major blow to the French healthcare company’s development prospects. The move weighed on shares and mounted pressure on Sanofi to bolster its pipeline of …
Read More »Self-healing cars? New car coating repairs scratches in 30 minutes using sunlight
A transparent protective coating material that can heal itself in 30 minutes when exposed to sunlight might just be the solution to car scratches, scientists say.
Read More »Microsoft says PS4 sales were more than double of the Xbox One
Microsoft provides a rare insight into total Xbox One sales figures.
Read More »Scientists announce plans to resurrect extinct Tasmanian tiger
Like something out of Jurassic Park, a Dallas-based genetics company announced Tuesday it is working to resurrect Australia’s extinct Tasmanian tiger, also known as the thylacine, to slow biodiversity loss and climate change.
Read More »Opinion | Why English football needs the knee
Racism remains rampant in the sport despite players kneeling in protest. Should they stop? Absolutely not.
Read More »Oil falls to 6-month low on economic data, awaits news of Iran nuclear deal
Oil prices fell over 2% on Tuesday to their lowest since before Russia’s invasion of Ukraine, as economic data spurred concerns about a potential global recession, while the market awaited clarity on talks to revive a deal that could allow more Iranian oil exports.
Read More »UN health body invites public to suggest new name for monkeypox
Global experts have agreed to refer to monkeypox virus variants by Roman numerals
Read More »Russia’s official toll of COVID-related deaths exceeds 820,000
Russia has registered a total of 820,307 COVID-related deaths since the start of the pandemic in the country in April 2020, the state statistics service Rosstat said on Friday. It said 4,991 people had died of COVID-19 or related causes in June, down from 7,098 in May. Russia recorded more …
Read More »Iran Intel Ministry arrests 10 Daesh terrorists plotting attacks in Muharram
Iran’s Intelligence Ministry says it has identified and arrested 10 members of a Daesh Takfiri terrorist group that aimed to conduct acts of terror across the country during the mourning month of Muharram. The ministry made the announcement in a statement on Thursday, saying the “Takfiri-Zionist” outfit had plans to …
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