Oil prices could move “a lot higher” from current levels given the world’s deep reliance on fossil fuels and may hit $150, says Christopher Wood from Jefferies. “In a world that really reopens — which is a big ‘if’ — the oil price can go significantly higher,” Wood, global head of equity strategy at the
Month: December 2021
The world’s rich nations must help vaccinate the poorest nations or else they will face a continual cycle of economic shocks and restrictions in the face of new variants, the OECD’s chief economist has said. Laurence Boone told Sky News that the Omicron variant could cause the Organisation for Economic Co-operation and Development to downgrade
After a year that made the terms WFH (work from home) and metaverse instantly recognizable for many people, there are a new set of technological trends headed this way for 2022. Here’s a selection of how technology may change lives in the coming year: Meatless meat Meat alternatives have become common in an increasing number
The job of astronomers is as intriguing as it is frustrating. There are days when they find nothing of interest despite putting in a lot of effort and resources, and then there are days when they discover celestial objects or events that have the potential to change the course of history, or rather the future.
House prices unexpectedly returned to double digit growth last month as the property market kept up its “extremely buoyant” pace, new figures show. Prices in November were 10% ahead of the same month last year, according to an index published by lender Nationwide – up slightly from 9.9% in October and beating expectations that growth
Health Secretary Sajid Javid has suggested the possible impact of the Omicron variant of COVID-19 will be known in a fortnight’s time and ahead of the government’s three-week review of fresh restrictions. The government has responded to the discovery of the Omicron variant by reimposing compulsory mask-wearing in England in shops and on public transport,
Artificial Intelligence has come a long way to explore the possibilities hidden in the world of robots. AI has enabled robots to walk, swim, and communicate. Now, they are even able to replicate themselves. New research shows that living robots can biologically replicate themselves in a unique way. The discovery was made by the scientists,
There’s been increased anxiety after epidemiologists warned of a new and significantly more virulent coronavirus variant, Omicron, circulating in parts of South Africa and some other countries. With it, the race to find ways to stop the COVID-19 pandemic has acquired more urgency. In that effort, researchers at the University of Pennsylvania, US, have tested
NASA has called off a spacewalk due to the threat of dangerous space debris. Two US astronauts aboard the International Space Station (ISS), Tom Marshburn and Kayla Barron, were due to replace an external antenna on Tuesday. However, the expedition was cancelled when Mission Control found pieces of orbiting space junk had come dangerously close
Author Alice Sebold has apologised to the man who spent 16 years in jail after she wrongly identified him as raping her in 1981. Anthony Broadwater, 61, was convicted and jailed the following year for attacking Ms Sebold when she was an 18-year-old student at Syracuse University. His conviction was overturned last week by prosecutors
In this article AAPL Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Apple stock was up more than 2% on Tuesday as stocks tumbled on concerns of the new omicron Covid variant, showing investors see the company as