Topic

Omicron coronavirus variant

Japan household spending jumps 6.9% in January

Published 11 Mar, 2022 12:01pm

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

Naphtha crack drops for second straight day

Published 19 Jan, 2022 06:15am

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

OPEC sees well supported oil market in 2022

Published 19 Jan, 2022 06:15am

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

Oil rises 2pc on US crude drawdown, weaker dollar

Published 13 Jan, 2022 07:17am

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

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

Published 07 Jan, 2022 06:22am

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

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

Published 05 Jan, 2022 05:36am

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

FTSE 100 hits fresh 1-1/2 year high

Published 05 Jan, 2022 05:36am

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

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

Published 05 Jan, 2022 05:36am

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

OPEC+ agrees oil output increase from February

Published 05 Jan, 2022 05:36am

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

Omicron evades immunity better than Delta

Published 04 Jan, 2022 06:54am

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

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

Published 04 Jan, 2022 06:54am

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

Most Gulf bourses fall as Covid-19 cases rise

Published 04 Jan, 2022 06:54am

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

ME Crude: Benchmarks mixed ahead of OPEC meeting

Published 04 Jan, 2022 06:54am

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

TSX rises for sixth day

Published 31 Dec, 2021 06:50am

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

FTSE 100 edges down

Published 31 Dec, 2021 06:50am

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

Dollar ticks up against rivals in thin holiday trading

Published 31 Dec, 2021 06:50am

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