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OMICRON IMPACT
New COVID Variant “Cicada” (BA.3.2) may be affecting children the most, experts sayThe COVID-19 subvariant BA.3.2, nicknamed “Cicada,” spread internationally, reaching 23 countries and appearing in wastewater across 25 U.S...- ‘Cicada’ COVID variant BA 3.2 spreads to 25 states — what symptoms you should not ignoreThe BA.3.2 COVID-19 subvariant, known as “Cicada,” is spreading across the United States, with cases reported in 25 states and over 20 coun...
- Oil market headed for surplus as Omicron impact muted: IEAThe United States, Canada and Brazil are set to pump at all-time highs for the year while Saudi Arabia and Russia could also break their ou...
- Icra revises downwards revenue growth forecast for auto component industry this fiscal"The (revenue) growth forecast for FY2022 has been revised downward by 200 bps to 15-17 per cent from the earlier estimates due to the ongo...
- Omicron-related restrictions may impact realty sales marginally, delay launchesThe planned pipeline of project launches is likely to be deferred across key property markets based on timelines of restrictions announced ...
- Omicron: Mild or severe impact on economy?The travel industry has been thrown into disarray again, workers have been forced to isolate at home and governments are facing a stark cho...
- Oil climbs above $80 as OPEC+ agrees output increaseBrent crude was up $1.50, or almost 2 per cent, at $80.48 a barrel by 1450 GMT and U.S. West Texas Intermediate (WTI) crude rose by $1.48, ...
- Rising Omicron cases can impact growth by 0.3% in March quarter: Report"With states imposing COVID-related restrictions (night curfew on movement of people, restaurants allowed at 50 per cent capacity, offices ...
- Low sentiment among biz travellers due to Omicron scare may affect bookings in Jan-Mar: Hotels body"The sentiment among business travellers is currently low owing to the Omicron scare and that is expected to take a toll on bookings during...
- Omicron worries may impact passenger vehicle supply: FADA"We see year 2022 as a neutral year as the rise of Omicron has once again created fear globally. This may further impact the supply in pass...
- Wall Street Week Ahead: 'Santa Claus' stocks rally? Investors look to Omicron for directionOverall, the S&P 500 is down only 0.1% since the Omicron variant was identified on Nov. 24. Travel and tourism stocks that would be most af...
- Covid vaccines, previous infection offer ‘stronger than basic' protection against Omicron: StudyThe findings, published in the journal Emerging Microbes & Infection, also suggest that although a third-dose of vaccines can “significantl...
- No need for alarm yet over Omicron's economic impact, says Bibek DebroyGiven the vaccination levels, the impact of this new variant will not be that severe and will certainly not be on the all-India level and t...
- Oil stays on the rebound as Omicron fears easeOil prices extended gains on Thursday on confidence that the Omicron coronavirus variant would not dent global growth, even as some governm...
- Oil edge lower as investors try to assess Omicron's full impactBrent crude futures dropped 25 cents, or 0.3%, to $75.19 a barrel at 0129 GMT, after settling 3.2% higher on Tuesday. U.S. West Texas Inter...
- Why it's too soon to panic about COVID vaccines and the new variantThe worst-case scenario is the virus has mutated so much in the crucial parts of its genome that it can escape vaccines designed to protect...
- Delta-wary MSMEs brace for Omicron impactThe coronavirus pandemic has crippled small businesses and sucked out liquidity from the ecosystem. But the discovery of another variant sh...
- Impact of Omicron on emerging economies to depend on restrictions, policy support: Moody'sThe emergence of the new variant poses new risks to the global economic growth and inflation outlook, as concerns mount about the variant's...
- Global airlines prepare for Omicron volatility, agility will be keyGlobal airlines are bracing for more volatility due to the Omicron variant of COVID-19 that could force them to juggle schedules and destin...
- Not yet clear if Omicron more transmissible, causes severe disease, says WHO"There is currently no information to suggest that symptoms associated with Omicron are different from those from other variants," the WHO ...
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