Trends - Omicron coronavirus variant

Omicron coronavirus variant

Japan household spending jumps 6.9% in January

TOKYO: Japan’s household spending jumped 6.9 percent in January from a year earlier despite pandemic restrictions,...

Published 11 Mar, 2022 12:01pm

Markets

Naphtha crack drops for second straight day

NEW DELHI: Asia’s naphtha crack dropped on Tuesday for a second consecutive session on concerns of waning demand...

Published 19 Jan, 2022 06:15am

OPEC sees well supported oil market in 2022

LONDON: OPEC on Tuesday stuck to its forecast for robust growth in world oil demand in 2022 despite the Omicron...

Published 19 Jan, 2022 06:15am

Markets

Oil rises 2pc on US crude drawdown, weaker dollar

NEW YORK: Oil prices hit two-month highs on Wednesday on tight supply as crude inventories in the United States, the...

Published 13 Jan, 2022 07:17am

Markets

Most Gulf bourses fall on Fed minutes, rising Covid-19 cases

DUBAI: Major Gulf bourses ended lower on Thursday on worries over higher U.S. interest rates and the rapid spread of...

Published 07 Jan, 2022 06:22am

Markets

Banks and travel stocks power Europe’s STOXX 600 to new peaks

LONDON: European stocks extended their new year rally on Tuesday, led by economically sensitive banks and travel...

Published 05 Jan, 2022 05:36am

Markets

FTSE 100 hits fresh 1-1/2 year high

LONDON: Britain’s FTSE 100 rose on Tuesday in the first trading session of 2022, after its best annual gain in ...

Published 05 Jan, 2022 05:36am

Markets

Oil rises 1pc as OPEC+ agrees to planned output increase

NEW YORK: Oil prices rose 1% on Tuesday as OPEC+ producers agreed to stick with their planned increase for February...

Published 05 Jan, 2022 05:36am

OPEC+ agrees oil output increase from February

LONDON/MOSCOW: OPEC+ agreed on Tuesday to stick to its planned increase in oil output for February because it ...

Published 05 Jan, 2022 05:36am

World

Omicron evades immunity better than Delta

COPENHAGEN: The Omicron coronavirus variant is better at circumventing vaccinated peoples’ immunity than the Delta...

Published 04 Jan, 2022 06:54am

World

FDA clears Pfizer’s Covid-19 booster shot for 12- to 15-year-olds

NEW YORK: The US Food and Drug Administration on Monday authorized the use of a third dose of the Pfizer and ...

Published 04 Jan, 2022 06:54am

Markets

Most Gulf bourses fall as Covid-19 cases rise

DUBAI: Most major stock markets in the Gulf ended lower on Monday amid a surge in COVID-19 cases, although the ...

Published 04 Jan, 2022 06:54am

Markets

ME Crude: Benchmarks mixed ahead of OPEC meeting

SINGAPORE: Middle East crude benchmarks were mixed on Monday, with Oman edging higher while Dubai slipped ahead of a...

Published 04 Jan, 2022 06:54am

Markets

FTSE 100 edges down

LONDON: Britain’s FTSE 100 fell on Thursday, after hitting 22-month highs in the previous session, as a surge of...

Published 31 Dec, 2021 06:50am

Markets

TSX rises for sixth day

TORONTO: Canada’s main stock index rose in thin trading for the sixth straight session on Thursday, helped by...

Published 31 Dec, 2021 06:50am

Business & Finance

Dollar ticks up against rivals in thin holiday trading

LONDON: The dollar ticked up against major rival currencies in holiday-thinned trading on Thursday, as investors...

Published 31 Dec, 2021 06:50am

World

Germany reports first death with Omicron variant

BERLIN: Germany’s Robert Koch Institute for infectious disease confirmed the country’s first death due to the...