Swedish geneticist wins Nobel medicine prize for decoding ancient DNA

Paabo ‘very happy’ when told of prize His findings crucial to understanding human evolution Sequenced Neaderthal genome to show modern human link Discoveries relevant today, for example for immune system Medicine is first of this year’s prizes to be awarded STOCKHOLM/LONDON, Oct 3 (Reuters) – Swedish geneticist Svante Paabo won the 2022 Nobel Prize in … Read more

A new drug seeks ‘true revenge’ on COVID by turning the virus against itself

A neurologist at a prestigious US research institute has developed an experimental COVID treatment he calls “true revenge” that weaponizes the virus against itself. The treatment, dubbed NMT5, was created by Scripps Research Institute’s Neurodegeneration New Medicines Center founding director Dr. Stuart Lipton and a team of scientists. It’s a derivative of memantine, an Alzheimer’s … Read more

OPEC+ mulling largest cuts since 2020 crisis, sources say

LONDON, Oct 3 (Reuters) – The OPEC+ group of oil producers is discussing output cuts of more than 1 million barrels per day (bpd), OPEC sources said, and voluntary cuts by individual members could come on top of that, making it their largest cut since 2020. The group is set to meet on Oct. 5 … Read more

Oil rebounds 3% as OPEC+ weighs biggest output cut since 2020

OPEC+ considers cut of more than 1 mln bpd -sources China issues largest oil products quota this year SINGAPORE, Oct 3 (Reuters) – Oil prices jumped more than 3% in early Asian trade on Monday, as OPEC+ considers cutting output by more than 1 million barrels a day for its biggest reduction since the pandemic, … Read more

Carnival Cruise Line Has a Problem That’s Great for Passengers

After the pandemic devastated the cruise industry, a lot of questions remained as to how long it would take for the major cruise lines to get back to normal. The answer is kind of split as Royal Caribbean International (RCL) and Carnival Cruise Line (CCL) got their fleets up and running very quickly from ports … Read more

Russia loses U.N. aviation council seat in rebuke

MONTREAL, Oct 1 (Reuters) – Russia failed to win enough votes for re-election to the United Nation’s aviation agency’s governing council on Saturday, in a rebuke of Moscow for aviation-related actions taken after its invasion of Ukraine. Russia fell short of the 86 votes needed to stay on the International Civil Aviation Organization’s (ICAO) 36-nation … Read more

China’s factory, services surveys suggest economy struggling to rebound

China Sept official manufacturing PMI above forecast Private survey shows factory activity contracted sharply Services sector activity growth slowed in Sept – official survey COVID curbs, softening foreign demand, property weakness weigh BEIJING, Sept 30 (Reuters) – China’s factory activity eked out growth in September, but a slowdown in services sector growth and a downbeat … Read more

U.S. weekly jobless claims hit five-month low; economic picture darkening

Weekly jobless claims drop 16,000 to 193,000 Continuing claims decrease 29,000 to 1,347 million Second-quarter GDP contraction unrevised at 0.6% rate Gross domestic income revised down towards GDP WASHINGTON, Sept 29 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a five-month low last week as the labor market remains … Read more

Prominent Chinese commentator urges COVID experts to ‘speak out’

Register now for FREE unlimited access to Reuters.com Register BEIJING, Sept 26 (Reuters) – Prominent Chinese commentator Hu Xijin said on Sunday that as China ponders its COVID-19 policies, epidemic experts need to speak out and China ought to conduct comprehensive research and make any studies transparent to the public. Hu’s unusual call on Chinese … Read more

Why COVID is still more dangerous than seasonal flu?

Since the time when COVID first hit us in 2020, the virus has evolved significantly. During the second coronavirus wave, the delta variant claimed several lives and left a large population in distress. But following vaccination new emerging variants like the Omicron are causing less severe infections and more manageable symptoms. And many are of … Read more