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Oil prices steadied on Monday as rising COVID-19 cases around the globe and oversupply worries fuelled by the prospect of OPEC and its allies winding back output cuts were offset by positive industry data in Europe and Asia. Brent crude rose 5 cents, or 0.1%, to $43.57 a barrel by …

The World Health Organization has warned that, despite high hopes from ongoing vaccine-development efforts, there might never be a “silver bullet” to put an end to the Covid-19 virus. According to The WHO’s Director-General Dr Tedros Adhanom Ghebreyesus, stopping more coronavirus outbreaks for now comes down to “the basics of …

China’s artificial intelligence company Shanghai Zhizhen Intelligent Network Technology, which is also known as Xiao-i, has filed a lawsuit against US tech giant Apple, alleging it has infringed on its patents. Xiao-i filed the lawsuit in a Shanghai court, asking for 10 billion yuan ($1.43 billion) in damages and demanding …

Just over 18 million people have been infected by the coronavirus. But governments around Europe have eased some restrictions that had shuttered vast swathes of the bloc’s economy. To offer support to the ravaged economy, the European Central Bank has ramped up its stimulus measures and European Union leaders have …

Who gets to be first in line for a COVID-19 vaccine? U.S. health authorities hope by late next month to have some draft guidance on how to ration initial doses, but it’s a vexing decision. “Not everybody’s going to like the answer,” Dr. Francis Collins, director of the National Institutes …

That’s one quick drop for man; one giant splash for mankind. The safe return of SpaceX’s Crew Dragon is not on the scale of the moon landings, of course, but it could certainly be a step towards space travel successes of similarly soaring heights. The capsule left Earth some two …

Lewis Hamilton won a record-extending seventh British Grand Prix despite a dramatic finish at Silverstone that saw both him and teammate Valtteri Bottas suffer punctures. The chaotic end meant Bottas dropped from second to 11th, while Hamilton, whose tire trouble came on the final lap, held on to cross the …

Tourism industry lost over $320bn due to COVID19 Before countries started to reopen for travelers, the tourism industry lost over a third of a trillion dollars in revenue as the pandemic brought travel to an almost complete halt, according to UN calculations. In the first five months of this year, …

Entrepreneur Elon Musk, who has a habit of making outlandish comments both in person and on social media, has been invited to pay a visit to Egypt after he tweeted that the pyramids were built by aliens. Was the 49-year-old boss off SpaceX and Tesla being serious when he tweeted …

A fight broke out onboard a KLM flight to Ibiza after two passengers refused to wear face masks. Video footage appeared to show British holidaymakers were involved in the brawl after the Boeing 737 took off from Amsterdam on Friday. KLM said both men were restrained with the help of …

Isaias downgraded from a hurricane but still, a powerful tropical storm, moved along Florida’s eastern coast on Sunday, bringing strong winds but no longer posing a storm surge threat. The storm is forecast to move upward along the East Coast and reach Washington, Philadelphia, and New York City on Tuesday …

Connie Culp, the recipient of the first partial face transplant in the U.S., has died at 57, almost a dozen years after the groundbreaking operation. The Cleveland Clinic, where her surgery had been performed in 2008, said Saturday that Culp died Wednesday at the Ohio clinic of complications from an …

The coronavirus pandemic is likely to be “lengthy,” the World Health Organisation has warned after its emergency committee met to evaluate the crisis six months after first declaring an international emergency. A “nuanced” approach to tackling Covid-19 is needed to reduce the risk of “response fatigue” as the diseases places …

The Iraqi Oil State Organization for Marketing of Oil (SOMO) confirmed today, Sunday, that Iraq is committed to OPEC decisions regarding the oil reduction. The director of the company, Alaa Al-Yasiri, said in an interview with Shafaq News agency that, “Iraq is committed to what was agreed upon OPEC members …

The negotiations on taking control of TikTok operations in the US between Microsoft and ByteDance have reportedly stalled after US President Donald Trump said he would rather ban the popular video-sharing app. ByteDance, the Chinese owner of TikTok, was willing to sell its stake in the US part of the …

Arsenal beat London rivals Chelsea to win the FA Cup inside an almost empty Wembley Stadium on Saturday afternoon. Mikel Arteta’s side came from behind to win 2-1 in a game that rounds off a domestic season like no other. Striker Pierre-Emerick Aubameyang scored twice after Christian Pulisic had put …

Facebook said on Saturday it has put a global block on certain accounts controlled by supporters of Brazil’s President Jair Bolsonaro implicated in a fake news inquiry, a day after it was fined for not complying with a Supreme Court judge’s order to do so. A spokesperson for Facebook said …

Iraq’s oil revenues for the month of July increased by 18% compared to last month to reach $ 3.487 billion. A statement by the Iraq Future Center said that the average price of oil reached $ 40.7 a barrel, the first time that the price of a barrel has exceeded …

The Deputy General Manager of SOMO Company, Ali Nizar, said: “Iraq raised the price of its oil to the Asian market by $ 2.1 during the current month.” Nizar said, in a press statement that Iraq got benefit after the implementation of the (OPEC +) agreement, which is to reduce …

China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday. U.S. officials …