Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook, reports Reuters. Brent crude futures rose $0.88, or 1%, to $87.36 a barrel by 1154 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped $1.23, or 1.5%, to $85.05 a barrel. Trade on Monday was subdued as it…

Dubai's Emirates airline announced on Tuesday that it will suspend flights to several destinations in the United States as of Jan 19 until further notice because of concerns over 5G mobile deployment. The move is "due to operational concerns associated with the planned deployment of 5G mobile network services in the US", the company said. It said the destinations include Boston, Chicago, Dallas Fort…

About 5,814 more people died from coronavirus (Covid-19) infections worldwide in the past 24 hours, raising the total number of deaths in the virus to 55,53,604. Besides, some 24,50,469 people tested positive for coronavirus worldwide over the same period, raising the total number of infected cases to 32,67,35,646. International survey organisation Worldometer came up with the information on Monday…

The US and Japan have advised people on their Pacific coastlines to get away from the shore as a precaution against tsunami waves caused by a volcano eruption in the South Pacific. Japan has warned of waves as high as three metres, and waves of 1.2 metres hit the south of the country, reports BBC. The US warned of strong currents and waves, and coastal flooding. The huge underwater volcanic eruption…

Newly unredacted documents from a state-led antitrust lawsuit against Google accuse the search giant of colluding with rival Facebook to manipulate online advertising sales. The CEOs of both companies were aware of the deal and signed off on it, the lawsuit alleges.  The original, redacted lawsuit, filed in December 2021, accused Google of “anti-competitive conduct” and of teaming…

Myanmar’s military-installed government has filed five new corruption charges against ousted leader Aung San Suu Kyi in connection with granting permits to rent and buy a helicopter, an official said, Al Jazeera reported. Aung San Suu Kyi, detained since last February’s military coup, is already being tried on five other corruption charges. Each is punishable by up to 15 years in prison…

Giash-Tareq’s entire council has won the biennial election of the Jackson Heights Bangladeshi Business Association in New York, USA. Local time on Sunday (January 9) at the Bangladesh Plaza Auditorium in Jackson Heights, the election of this organization of Bangladeshi businessmen known as ‘Jackson Heights Bangladeshi Business Association (JBBA)’ was held. 389 Bangladeshi businessmen…

Eight countries that include Iran, Venezuela and Sudan have lost their right to vote at the United Nations because of unpaid dues. A total of 11 countries are behind in their payments, Secretary General Antonio Guterres said Tuesday in a letter to the General Assembly. AFP obtained it on Wednesday. Under the UN charter, a member country's right to vote is suspended when its arrears equal or exceed…

The Biden administration on Wednesday imposed its first sanctions over North Korea's weapons programmes following a series of North Korean missile launches, including two since last week. The sanctions targeted six North Koreans, one Russian and a Russian firm Washington said were responsible for procuring goods for the programmes from Russia and China, reports Reuters. The US Treasury said the steps…

More than half of people in Europe will likely catch Omicron by March, the World Health Organization said Tuesday, as the World Bank warned the contagious variant could hamper global economic recovery. Millions in China were locked down again, exactly two years after Beijing reported the first death from what was later confirmed to be coronavirus. The highly transmissible Omicron strain has swept…

More than half of people in Europe are on track to contract the Omicron coronavirus variant in the next two months if infections continue at current rates, the World Health Organization said Tuesday. "At this rate, the Institute for Health Metrics and Evaluation (IHME) forecasts that more than 50 percent of the population in the region will be infected with Omicron in the next six to eight weeks,"…

Asia's biggest billionaire, Mukesh Ambani, has snapped up a controlling stake in the Mandarin Oriental in New York City for just over $98 million. Ambani's conglomerate, Reliance Industries, announced Saturday the acquisition of the hotel's parent company, a Cayman Islands-based firm controlled by the Investment Corporation of Dubai. That company indirectly holds a 73.4% stake in the property, reports…

h teacher who has been with the Cypress-Fairbanks Independent School District, northwest of Houston, since 2011. She has been placed on administrative leave, the district said in a statement to NBC News. In a separate statement obtained by KPRC, the district said local police were “alerted that a child was in the trunk of a car at a drive-thru COVID-19 testing site earlier this week. Law enforcement…