Tag Archives: COVID-19

Oil gave up gains recorded earlier in the session on Thursday, and retreated, affected by some countries in the world imposing new restrictions on travel to limit the increase in infections with the Omicron mutant, but losses remained limited due to positive developments related to the pandemic. By 0810 GMT, …

A three-dose course of AstraZeneca’s COVID-19 vaccine is effective against the rapidly-spreading Omicron coronavirus variant, the pharmaceutical company said on Thursday, citing data from an Oxford University lab study. The study, which has not yet been published in a medical journal, showed that levels of omicron antibodies after receiving the …

The White House has dimmed optimism over the Omicron batter after the US Food and Drug Administration approved a pair of pills from Pfizer and Merck to treat Covid-19.The White House has warned it will take more than six months to fulfil its initial order for Pfizer’s antiviral Covid-19 pill, …

Will the Federal Reserve have to walk on an economic tightrope in 2022? Fed moves to tighten policy in 2022 amid uncertain economic outlook and Fed Chairman Jerome Powell is entering 2022 with the American economy on shaky ground.Policymakers may face a challenging year for the US central bank as …

European stock indices lost their momentum to trade almost flat on Wednesday, as the global rebound of last session hesitates over uncertainty and fears about the surging infections with Omicron coronavirus variant.The US spending bill, and a worrying backdrop of rising inflation rates contributed to the performance of shares on …

The sterling is sharply advancing up some 0.57%, rallying during the New York session, trading at 1.3344. The market sentiment is positive, as shown by European and US stock indices, trading in the green territory. Investors’ assessment of the Omicron variant slightly dented the market mood before Wall Street opened. …

European shares rose on Wednesday, led by gains in food delivery stocks, despite continuing concerns about the prospects for a global recovery in light of the increase in COVID-19 cases due to the spread of the mutant Omicron. The pan-European Stoxx 600 index rose 0.1 percent after it had jumped …

Oxford University and AstraZeneca have begun work on an Omicron-targeted version of their coronavirus vaccine, joining the ranks of their peers who are studying the potential for adapting formulations of their shots in case they become necessary to tackle the variant. When asked about Omicron, Sandy Douglas, a research group …

Oil prices stabilized on Wednesday, December 22, as traders awaited indicators of fuel demand amid fears related to Covid-19 after Singapore suspended travel without quarantine, and Australia renewed its vaccination campaign as cases of the mutant Omicron of the Coronavirus rose. Brent crude futures rose eight cents, or 0.1%, to …

According to the US Bureau of Economic Analysis (BEA)’s final GDP estimate, the US economy grew at an annualized QoQ pace of 2.3% in Q3 2021, above the prior estimate for a growth rate of 2.1%. to be updated …