Israeli study offers strongest proof yet of vitamin D’s power to fight COVID

Israeli study offers strongest proof yet of vitamin D’s power to fight COVID

Israel scientists say they have gathered the most convincing evidence to date that increased vitamin D levels can help COVID-19 patients reduce the risk of serious illness or death.Researchers from Bar Ilan University and the Galilee Medical Center say  that the vitamin has such a strong impact on disease severity that they can predict how …

Analysis-OPEC+ meets quickly, sticks to script, dodges debate on geopolitics

Analysis-OPEC+ meets quickly, sticks to script, dodges debate on geopolitics

LONDON (Reuters) – After a month in which oil prices surged 15% and geopolitical tensions seethed around the world, OPEC and its allies took a record-quick 16 minutes to decide that they would stick to their previously planned output increase. Apparently, there were no lengthy discussions at Wednesday’s meeting about member nations of the producer …

Oil extends gains above $90/bbl as winter storm sweeps through United States and Ukraine prepares to be invaded

Oil extends gains above $90/bbl as winter storm sweeps through United States and Ukraine prepares to be invaded

SINGAPORE (Reuters) – Oil prices climbed on Friday, extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to further disrupt oil supplies. Brent crude rose 42 cents, or 0.5%, to $91.53 a barrel by 0745 GMT, after rising $1.16 on Thursday. U.S. West Texas Intermediate …

BOE Hikes Rates as Four Officials Vote for a Bigger Increase

BOE Hikes Rates as Four Officials Vote for a Bigger Increase

The Bank of England increased its key interest rate in a bid to contain the fastest inflation in three decades, with some policy makers unexpectedly seeking a more aggressive response to rising prices. The Monetary Policy Committee voted to raise borrowing costs by 25 basis points to 0.5% on Thursday. Four out of the nine-member …

Meta shares plunge 26% after FB daily user drop

Meta shares plunge 26% after FB daily user drop

Meta, Facebook’s parent company, forecast slower growth in the first quarter of 2022, citing “headwinds to both impression and price growth” in its ad business, sending the stock into a nosedive. In addition, CEO Mark Zuckerberg’s high-stakes gambit to turn Facebook into a “metaverse” company — burning billions of dollars — led to a rare …

Japan’s Kowa says Ivermectin showed antiviral effect

Japan’s Kowa says Ivermectin showed antiviral effect

TOKYO, Jan 31 (Reuters) – Japanese trading and pharmaceuticals company Kowa Co Ltd (7807.T) on Monday said that anti-parasite drug ivermectin showed an “antiviral effect” against Omicron and other coronavirus variants in joint non-clinical research. The company, which has been working with Tokyo’s Kitasato University on testing the drug as a potential treatment for COVID-19, …

Fed’s Bullard does not think a half-point rate hike ‘really helps us’

Fed’s Bullard does not think a half-point rate hike ‘really helps us’

(Reuters) – St. Louis Federal Reserve President James Bullard on Tuesday said he favors lifting rates at the U.S. central bank’s meeting in March and likely again in May, but he pushed back against the idea of kicking off the coming tightening cycle with a half-percentage point hike. “I don’t think a 50-basis point hike …

COVID patients face risks after hospital

COVID patients face risks after hospital

Reuters) – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review. COVID-19 patients face risks after hospital discharge People face substantially higher risks of health problems in the months after being discharged …

Dow tops 35,000 pts again as Fed policy concerns ease

Dow tops 35,000 pts again as Fed policy concerns ease

Following a slightly lower open on Monday, the Dow Jones Industrial Average index later jumped over 250 points to cross the 35,000-point mark for the first time since January 20. Atlanta Fed President Raphael Bostic, explaining earlier remarks he had made, said that the United States Federal Reserve would not prefer increasing the key United …