Crude Oil Lower; Recession Fears, Chinese Covid Worries Weigh

[ad_1] By Peter Nurse    Investing.com — Oil prices fell Friday, ending a difficult week on a negative note on fears a global economic slowdown and further Covid restrictions in China will severely hit demand. By 09:25 ET (13:25 GMT), futures traded 1.9% lower at $87.38 a barrel, while the contract fell 1.7% to $92.96.  Both … Read more

Oil Heads for Weekly Losses on China COVID Woes, U.S. Supply Glut

[ad_1] By Ambar Warrick  Investing.com– Oil prices rose slightly on Friday but were set to end the week lower as a spike in Chinese COVID cases drove concerns over slowing demand, while the U.S. logged a bigger-than-expected build in crude inventories.  Crude prices bounced unexpectedly on Thursday despite data showing a , as markets bet that … Read more

Oil Sinks Further on China COVID Jitters, IMF Warning

[ad_1] By Ambar Warrick  Investing.com– Oil prices fell further on Wednesday, extending steep losses from the prior sessions amid growing concerns that a new COVID outbreak in China and a worsening global economic outlook will severely crimp demand.  dropped 0.7% $93.66 a barrel, while U.S. West Texas Intermediate futures fell 0.8% to $88.58 a barrel by … Read more

Oil Tumbles Anew as China’s Covid Bogeyman Returns

[ad_1] By Barani Krishnan Investing.com — If Vladimir Putin and OPEC are oil bulls’ best friends, you can count on China and the Federal Reserve for having the back of the bears. In a way that’s become quite predictable these days, China’s Covid bogeyman pops up after crude prices have stacked up double-digit gains to … Read more

Active Covid cases dip to 27,374

Active Covid cases dip to 27,374

[ad_1] India logged 1,957 new coronavirus infections taking the total tally of COVID-19 cases to 4,46,16,394, while the active cases dipped to 27,374, according to the Union Health Ministry data updated PTI Published: 11 Oct 2022, 10:30 AM Engagement: 0 India logged 1,957 new coronavirus infections taking the total tally of COVID-19 cases to 4,46,16,394, … Read more

China Holiday Tourist Trips Fall 18% on Year on Broad COVID Curbs

mDomestic tourism revenues, at 287.2 billion yuan ($40.37 billion), were down 26.2% on the year in China. (Photo: Shutterstock)

[ad_1] Last Updated: October 08, 2022, 11:08 IST mDomestic tourism revenues, at 287.2 billion yuan ($40.37 billion), were down 26.2% on the year in China. (Photo: Shutterstock) The number of trips was 60.7% of the pre-COVID 2019 level, state broadcaster CCTV reported late on Friday, citing figures from China’s Ministry of Culture and Tourism China … Read more

India records 1,968 new Covid cases, 15 deaths

India records 1,968 new Covid cases, 15 deaths

[ad_1] India logged 1,968 new coronavirus infections, the lowest in 133 days, raising the tally to 4,45,99,466, while the active cases declined to 34,598, the Union Health Ministry said on Tuesday PTI Published: 04 Oct 2022, 11:00 AM Engagement: 0 India logged 1,968 new coronavirus infections, the lowest in 133 days, raising the tally to … Read more

Active Covid cases in country decline to 45,281

Active Covid cases in country decline to 45,281

[ad_1] With 5,383 new coronavirus infections being reported in a day, India’s total tally of cases rose to 4,45,58,425, while the active cases declined to 45,281, according to the Union Health Ministry data Engagement: 0 With 5,383 new coronavirus infections being reported in a day, India’s total tally of COVID-19 cases rose to 4,45,58,425, while … Read more

Pak Actor’s ‘Charity Bid’ Goes Wrong, Slammed for Polluting River; Blames Covid Effect on Brain

The actor was slammed for the video for ‘polluting’ and ‘contaminating’ rivers for her own PR stunt. (Image: Screengrab from Video posted by Resham)

[ad_1] Last Updated: September 15, 2022, 11:03 IST The actor was slammed for the video for ‘polluting’ and ‘contaminating’ rivers for her own PR stunt. (Image: Screengrab from Video posted by Resham) Resham posted a video of her throwing meat and bread into a river in a bid to feed fishes, but faced massive backlash … Read more

WHO has advised against the use of two antibody therapies against COVID – here’s what that means

[ad_1] New guidance from the World Health Organisation (WHO) strongly advises against using the antibody therapies sotrovimab and casirivimab-imdevimab to treat patients with COVID-19. This guidance, published in the British Medical Journal, replaces previous conditional recommendations for the use of these drugs. It’s based on emerging evidence that they’re not likely to work against current … Read more