China’s crude oil imports in Oct fall to lowest in three years

China’s crude oil imports in Oct fall to lowest in three years

BEIJING, Nov 7 (Reuters) – China’s crude oil imports plunged in October to the lowest since September 2018, as large state-owned refiners withheld purchases because of rising prices while independent refiners were restrained by limited quotas to import. The world’s biggest crude oil importer brought in 37.8 million tonnes last month, data from the General …

UK reports 30,305 new COVID-19 cases on Sunday, 62 deaths…. Merck’s COVID drug to be rolled out this month in UK

UK reports 30,305 new COVID-19 cases on Sunday, 62 deaths…. Merck’s COVID drug to be rolled out this month in UK

LONDON, Nov 7 (Reuters) – Britain reported 62 deaths on Sunday of people who had tested positive for COVID-19 within the past 28 days, and a further 30,305 new infections. The government figures show a fall from the 155 deaths and 30,693 new cases reported on Saturday. Merck’s COVID drug to be rolled out this …

Europe Relapses as Covid Hot Spot in Warning Sign for Economic Recovery

Europe Relapses as Covid Hot Spot in Warning Sign for Economic Recovery

Europe has again become an epicenter for the coronavirus, calling into question the region’s efforts to recover from the pandemic. Despite an abundance of Covid-19 shots, countries from Germany to Greece have reported record infections in recent days, while Romania and Bulgaria are experiencing horrific levels of fatalities and overwhelmed hospitals. That’s putting fresh urgency …

With fourth wave raging, Germany agrees booster shots for all

With fourth wave raging, Germany agrees booster shots for all

BERLIN, Nov 5 (Reuters) – Germany is starting a very difficult period with regard to its COVID-19 pandemic situation with rising numbers of patients in intensive care, the country’s health minister Jens Spahn said on Friday. He said that he had agreed with regional health ministers that in future everyone should be offered a booster …

Macron to address nation amid COVID-19 surge in France

Macron to address nation amid COVID-19 surge in France

Infection rates have accelerated strongly in the past month, with the number of new COVID-19 cases rising by double-digit percentages from last week for several days in a row. “The epidemic is picking up speed again in Europe, Europe has again become the epicentre of the epidemic,” government spokesman Gabriel Attal told reporters. The seven-day …

France reports more than 10,000 new COVID cases for 1st time in two months……. New Zealand’s daily coronavirus cases cross 200 for first time in pandemic……… Austria tightens measures for unvaccinated citizens

France reports more than 10,000 new COVID cases for 1st time in two months……. New Zealand’s daily coronavirus cases cross 200 for first time in pandemic……… Austria tightens measures for unvaccinated citizens

PARIS, Nov 3 (Reuters) – French health authorities reported 10,050 daily new COVID-19 infections on Wednesday, the first time the tally has topped 10,000 since Sept 14. In another sign the virus is ramping up again, hospitalisations for the disease are up by 84, at 6,764, a rise unseen since Sept 6.The cumulative total of …

OPEC+: Global Energy Crisis Isn’t Our Problem

OPEC+: Global Energy Crisis Isn’t Our Problem

(Bloomberg) — OPEC+ ignored demands for a bigger oil-production increase, instead blaming their customers’ economic woes on soaring prices of natural gas and coal. “Oil is not the problem,” Saudi Energy Minister Prince Abdulaziz bin Salman told reporters after a meeting on Thursday, when the cartel emphatically rejected President Joe Biden’s request to quicken the …

US nonfarm payrolls up by 531,000 in October

US nonfarm payrolls up by 531,000 in October

NEW YORK (Reuters) – U.S. employment increased more than expected in October as the headwind from the surge in COVID-19 infections over the summer subsided, offering more evidence that economic activity was regaining momentum early in the fourth quarter.Nonfarm payrolls increased by 531,000 jobs last month, the Labor Department said on Friday. Data for September …