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Oil prices slid for a second consecutive session on Thursday as the U.S. industry data showed a steep and surprising build-up in crude stockpiles, dampening hopes of a smooth demand recovery as the world begins to ease its way out of coronavirus lockdowns. The decline extended losses from Wednesday on uncertainty about Russia’s commitment to deep oil production cuts in the lead-up to a June 9 meeting of the Organisation of the Petroleum Exporting Countries...

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The Cannes film festival was canceled and the September jamborees in Venice and Toronto are uncertain, but this week movie lovers are being offered a taste of the film festival experience from the comfort of their homes. The 10-day “We Are One: A Global Film Festival,” starting Friday on YouTube, will feature new and classic movies, talks with directors, and music and comedy curated by 21 festivals including those in Berlin, Cannes, Venice, Toronto and...

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Latin America’s biggest airline, the Chile-based LATAM, on Tuesday filed for bankruptcy under the U.S. Chapter 11 bankruptcy code after the COVID-19 pandemic decimated passenger demand. “The Chapter 11 financial reorganization process is a proven legal framework under which LATAM and affiliates will have the opportunity to resize their operations to the new demand environment and reorganise their balance sheets,” the airline said in a statement. The group attributed its financial difficulties to the novel...

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Benjamin Netanyahu on Sunday became the first serving Israeli Prime Minister to go on trial, proclaiming his innocence in the corridor before walking into court to face charges of bribery, fraud, and breach of trust. The trial came a week after Israel’s longest-serving leader was sworn into a record fifth term, demonstrating his knack for survival by securing an unexpected power-sharing deal with his main opponent after three inconclusive elections in a year. He says...

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Singer-songwriter Casey Donovan performed on stage in Sydney on Thursday in a free concert that treated fans to some of the first live music many had heard in months. But they had to stay in their cars to enjoy it. Drive-in concerts are emerging as a trend that allows performers to connect with fans in real life while maintaining safe social distancing during the coronavirus pandemic. Donovan, who shot to fame after winning Australian Idol...

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Japanese Prime Minister Shinzo Abe on Thursday lifted a state of emergency in three Western prefectures, as increases in novel coronavirus cases appear to be slowing in the regions. Abe said that his government would end the emergency in the prefectures of Osaka, Kyoto and Hyogo, while the measure would be kept in place in Tokyo, three neighbouring prefectures and Hokkaido. The premier, however, added that the government could lift the emergency in those prefectures...

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The study had shown that the reception that allowed the coronavirus infection into our cells appear to be less common in children’s noses. This could be the reason children are less likely to get sick with the virus, the new study revealed. The receptor is described as a molecular doorway into cells called ACE2. According to the study, samples were looked from more than 300 people between the ages of 4 and 60, revealed that...

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Staging football matches without spectators must only be a short-term fix during the COVID-19 pandemic as the prolonged absence of fans could damage the game, former Arsenal manager Arsene Wenger says. The German Bundesliga became the first major football league to resume since the novel coronavirus outbreak shut down sports earlier this year. The Bundesliga return behind closed doors is now being closely watched by other leagues. “Will it survive long term? Will it damage...

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UN Secretary-General António Guterres has said that divisions and hatred still existed globally, 75 years after the Second World War. Guterres stated this on Friday in a video message to mark the 75th anniversary of the end of the conflict, which claimed millions of lives. He said the coronavirus pandemic was aggravating the situation, fuelling “new efforts to divide people and spread hatred”. “Our world is still suffering the impact of conflict. “Even during the current COVID-19 crisis, we...

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Bats are speculated to be hosts of coronavirus, but what is unknown is how they are able to harbor the virus without being harmed like humans. Researchers at the University of Saskatchewan (USask) have discovered how bats carry the Middle East Respiratory Syndrome (MERS) – part of the coronavirus family and a cousin of SARS-CoV-2 which causes COVID-19 – without getting sick. While camels are the known intermediate hosts of MERS-CoV, bats are suspected to...