UK retail sales rebound as Omicron fears fade LONDON: British retail sales rebounded in January as fears faded over coronavirus variant Omicron, official data... Published 18 Feb, 2022 01:49pm
Business & Finance EasyJet halves first-quarter loss despite Omicron LONDON: British airline EasyJet slashed losses by half in the first quarter, despite the emergence of the Omicron... Published 27 Jan, 2022 01:31pm
Markets Oil's bull run rolls on despite possible China reserves release Oil futures rose on Friday, boosted by supply constraints and worries of a Russian attack on neighbouring Ukraine,... Published 15 Jan, 2022 12:21am
Markets Oil rises 1.5% as OPEC+ agrees to planned output increase Oil prices rose 1.5% on Tuesday as OPEC+ producers agreed to stick with their planned increase for February based on... Published 05 Jan, 2022 12:10am
Markets Oil prices rise about 3% as Omicron concern eases NEW YORK: Oil prices rose around 3% on Monday due to hopes that the Omicron coronavirus variant will have a limited... Published 27 Dec, 2021 11:10pm
Markets Gold hovers near 1-week high as Omicron unease offsets firmer dollar Gold prices reversed course to approach a one-week peak on Monday, as renewed risks to global economic growth from... Published 27 Dec, 2021 11:03pm
World India to give Covid-19 booster shots to healthcare workers from Jan 10 NEW DELHI: India will start administering Covid-19 booster shots as a precautionary measure to healthcare and... Published 26 Dec, 2021 03:57am
World UK says Covid situation ‘extremely difficult’ as Omicron sweeps Europe LONDON: British Prime Minister Boris Johnson said on Monday he would take more steps to slow the spread of the... Published 21 Dec, 2021 04:14am
Print Omicron panic pummels equities, oil LONDON: Global equity and oil markets slumped Monday on investor panic over the impact of worldwide measures to... Published 21 Dec, 2021 04:14am
World Omicron coronavirus variant spreading fast in Italy ROME: The highly contagious Omicron variant of the coronavirus is spreading quickly in Italy, with new cases... Published 19 Dec, 2021 04:37am
World German regional health ministers call for tighter rules on UK arrivals BERLIN: Germany's regional health ministers urged the national government on Saturday to introduce tougher rules on... Updated 18 Dec, 2021 07:17pm
Markets Oil rises about 2pc on strong US demand, upbeat Fed outlook NEW YORK: Oil prices gained around 2% on Thursday, as record US implied demand, falling crude stockpiles and an... Published 17 Dec, 2021 04:30am
Print Fed sees three interest rate hikes in 2022 WASHINGTON: The Federal Reserve, signalling its inflation target has been met, said on Wednesday it would end its... Updated 16 Dec, 2021 10:43am
World UK COVID hospitalisation rates rising, number of cases will break records LONDON: Hospitalisation rates are rising in some areas in Britain as the Omicron coronavirus variant sparks a wave ... Published 15 Dec, 2021 11:55pm
World S.Africa reports record daily COVID-19 cases as Omicron spreads JOHANNESBURG: South Africa reported a record number of new daily COVID-19 infections on Wednesday in a fourth wave... Updated 15 Dec, 2021 11:55pm
Markets Wall Street tumbles on hot producer prices data as Fed meet looms NEW YORK: The S&P 500 and the Nasdaq fell more than 1% each on Tuesday after data showed producer prices... Published 15 Dec, 2021 06:34am
World After party outcry, Britain implores people: obey COVID-19 rules LONDON: Britain on Thursday implored people to obey tougher restrictions to slow the spread of the Omicron... Published 10 Dec, 2021 04:29am
Markets Japan rubber futures tank on fears of slow auto production TOKYO: Japanese rubber futures tanked on Thursday on concerns that the continuing microchip shortage would delay a... Published 10 Dec, 2021 04:29am
Print OECD cuts world growth forecast PARIS: The OECD warned Wednesday that the Omicron coronavirus variant threatens the global economic recovery as it... Updated 02 Dec, 2021 09:37am
Markets OPEC+ starts two days of talks amid oil price slide, Omicron fears LONDON: OPEC and its allies began two days of meetings on Wednesday to decide whether to release more oil into the... Published 02 Dec, 2021 03:57am
World Omicron vaccine could get nod in four months: EU watchdog BRUSSELS: Vaccines specially adapted for the new Omicron coronavirus variant could be approved in three to four... Published 01 Dec, 2021 03:52am
Markets Hong Kong shares end at 1-year low HONG KONG: Hong Kong shares closed at a more than one-year low on Monday, as concerns lingered about the new Omicron... Published 30 Nov, 2021 05:23am
Markets Gulf bourses regain some ground after Omicron battering Major stock markets in the Gulf rebounded on Monday, in line with oil prices and global shares as investors settled... Published 29 Nov, 2021 02:03pm
World Omicron coronavirus variant spreads: Cases detected in Netherlands, Denmark, Australia LONDON/AMSTERDAM: The Omicron coronavirus variant kept spreading around the world on Sunday, with 13 cases found in... Published 29 Nov, 2021 06:28am
Markets Most Gulf bourses tumble as Omicron spooks investors DUBAI: Most Gulf stock markets ended lower on Sunday, with the Saudi and Dubai indexes suffering their biggest... Published 29 Nov, 2021 06:23am
Markets OPEC postpones technical meetings to evaluate Omicron impact LONDON: OPEC and its allies have postponed technical meetings to later this week, giving themselves more time to... Published 29 Nov, 2021 06:03am
World COVID booster advice should come imminently, says UK minister LONDON: Britain's health minister Sajid Javid said on Sunday he expected to receive advice imminently on whether the... Updated 28 Nov, 2021 06:54pm
Markets Paris wheat retreats from highs PARIS: Euronext wheat futures fell sharply on Friday to pull away from this week’s record highs, pressured by a... Published 27 Nov, 2021 05:08am
Print New Covid-19 variant detected in South Africa WASHINGTON/GENEVA: The discovery of a new coronavirus variant triggered global alarm on Friday as countries rushed ... Updated 27 Nov, 2021 12:35pm
Business & Finance Canadian dollar hits 2-month low TORONTO: The Canadian dollar slumped to its lowest level in nearly two months against its US counterpart on Friday ... Published 27 Nov, 2021 05:08am