Oil prices dipped on Friday, erasing earlier gains, on concerns about rising new coronavirus cases in the United States and China and expectations of U.S. output ticking up while crude stockpiles linger at record highs. Brent crude LCOc1 futures were 13 cents lower at $40.92 at 1342 GMT. U.S. West …
Read More »Millions of people may have had coronavirus in the past without knowing it – American CDC
With infection numbers rising in more than 30 states, the US set a daily record for new coronavirus cases. And federal health officials warned that the number of people who’ve been infected is vastly undercounted. Almost 40,000 coronavirus cases were reported Thursday, surpassing a previous one-day high on April 24, …
Read More »Stocks and oil gain despite surging coronavirus cases
Markets showed signs of optimism on Friday, with European shares opening higher and oil prices rising despite a record number of new COVID-19 infections in the United States. They rose across the U.S. by at least 39,818 on Thursday, the largest one-day increase of the pandemic. The governor of Texas …
Read More »Liverpool ends 30-year title wait
Liverpool are the new champions of England. This long-awaited victory marks their first title in 30 years, and 19th overall, with this their first in the Premier League era. It is manager Jurgen Klopp’s third league title to go with the two won in Germany with Borussia Dortmund. The Premier …
Read More »Vaccine against COVID-19 not certain, maybe in a year: WHO
It is not certain that scientists will be able to create an effective vaccine against the coronavirus that has caused the COVID-19 pandemic, but it could take a year before one were to be invented, the head of the World Health Organisation said. Speaking by video-conference to deputies from the …
Read More »Google will start paying publishers for news
Google will start paying to display news content from some media outlets after years of resisting demands from publishers. The company announced several new licensing deals with publishers in Germany, Australia and Brazil on Thursday as part of a “new news experience” due to be launched later this year. It …
Read More »Moderna and Catalent Announce Collaboration for Fill-Finish Manufacturing of COVID-19 Vaccine
Moderna Inc said on Thursday it was partnering with contract drugmaker Catalent Inc to prepare an initial 100 million doses of its coronavirus vaccine for the United States, starting in the third quarter of this year. Catalent will fill and package doses, support production, and provide additional staffing for around-the-clock …
Read More »DR Congo declares end to Ebola epidemic in east
DR Congo’s government on Thursday officially declared an end to an Ebola epidemic that broke out in the east of the troubled country in August 2018 and went on to claim 2,277 lives. The outbreak was “the longest, most complex and deadliest” in the 60-year history of the Democratic Republic …
Read More »Who would be the first to get a COVID-19 vaccine?
Who would be the first to get a COVID-19 vaccine? Probably people in the country where the first effective vaccine is developed. About a dozen different vaccines are in various stages of testing worldwide, including in Britain, China, and the U.S. This week, Dr. Anthony Fauci, the top U.S. infectious …
Read More »Oil prices extend losses on U.S. stock build, virus fears
Oil prices slipped further on Thursday after tumbling more than 5% in the previous session, as a record build in U.S. crude inventories and a rapid resurgence in COVID-19 cases cast doubts on a recovery in fuel demand. U.S. West Texas Intermediate (WTI) crude futures fell 26 cents, or 0.7%, …
Read More »Huawei on Pentagon list of Chinese military-controlled companies
The Pentagon put Huawei Technologies and Hangzhou Hikvision Digital Technology on a list of 20 companies it says are owned or controlled by China’s military, opening them up to potential additional U.S. sanctions. In letters to lawmakers dated June 24, the Pentagon said it was providing a list of “Communist …
Read More »European stocks slide amid fears of new coronavirus wave
A surge in the number of coronavirus infections around the world has pushed European stocks down from a two-week high as investors turned cautious amid fears of a new wave of COVID-19. The pan-European STOXX 600 declined 1.5, with travel & leisure, automakers and banks being among the hardest hit …
Read More »US sees second-largest rise in new coronavirus cases since crisis began
The United States has recorded the second-largest increase in coronavirus cases since the health crisis began, with a rise of 35,588 new infections on Tuesday as a dozen states see infections surge, according to a Reuters tally. Florida saw a record increase on Wednesday of over 5,500 new cases. On …
Read More »Caribbean chokes on monster Saharan dust cloud headed toward the U.S.
A massive plume of Saharan dust has shrouded swathes of the Caribbean, turning blue skies into a milky-brown haze and sparking health warnings across the region as air quality fell to unhealthy levels. Strong warm winds over the Sahara desert typically whip up sand at this time of year and …
Read More »Dollar pauses as caution returns to markets
The dollar paused on Wednesday after two straight days of losses, as money markets tempered hopes of a rapid global economic recovery from the coronavirus pandemic. The U.S. currency was broadly flat against a basket of currencies, after earlier gains of 0.3%, as risk sentiment soured in trading in Europe. …
Read More »Russia to prepare 70 million doses of Covid-19 vaccine, scientists hopes it will provide immunity for more than 2 years
Russia’s homegrown Covid-19 vaccine will create immunity for more than two years, according to the director of Moscow’s Gamalei Institute of Epidemiology and Microbiology, which developed the drug with the Ministry of Defense. Alexander Ginzburg, the research center’s director, explained that the vaccine will be administered to humans twice – …
Read More »Twitter labels new Trump tweet ‘offensive’, hides it from public view
Twitter Inc said on Tuesday it had placed a warning notice on a tweet from U.S. President Donald Trump for violating its policy against abusive behavior. “There will never be an “Autonomous Zone” in Washington, D.C., as long as I’m your President. If they try they will be met with …
Read More »Novak Djokovic tests positive for coronavirus
Top-ranked tennis player Novak Djokovic announced Tuesday he and his wife have COVID-19 after he played in a series of exhibition matches he organized in Serbia and Croatia with zero social distancing amid the coronavirus pandemic. Raising questions about the full-fledged return of tennis, including the U.S. Open, planned for …
Read More »China launches final satellite to complete rival to GPS
China on Tuesday launched the final satellite in its homegrown geolocation system, completing a network designed to rival American GPS as it jostles for market share in the lucrative sector. Footage broadcast lives on television showed a rocket blasting off with the satellite from a mountainous region of southwest China, …
Read More »Arctic Circle sees ‘highest-ever’ recorded temperatures
emperatures in the Arctic Circle are likely to have hit an all-time record on Saturday, reaching a scorching 38C (100F) in Verkhoyansk, a Siberian town. The record still needs to be verified, but it appears to have been 18C higher than the average maximum daily temperature in June. Hot summer …
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