Omicron, 70% less likely to cause Hospitalization than Delta Variant
People are far less likely to be admitted to hospital with the omicron Covid variant than the previous delta strain, according to a U.K. government study published Thursday.The U.K. Health Security Agency said individuals with omicron are estimated to be between 31% and 45% less likely to atte
Oil slides as Omicron Spread reduces Fuel Demand
Oil prices slumped 3% on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions on businesses to combat its spread may hit fuel demand.
Euro, Dollar Steady after Omicron Fears Ease
The euro, sterling and dollar stabilized on Thursday amid optimism some COVID-19 vaccines might be able to neutralize new coronavirus variant Omicron. Analysts said the focus was shifting back to monetary policy.Some of the fears around the Omicron variant ebbed after BioNTech and Pfizer said three
Omicron could Deal another Blow to Supply Chains
Just as it appeared like the crisis was beginning to stabilize, the industry may now face yet another blow: the new omicron Covid variant. Omicron is “another test of resilience” for already-stressed supply chains, said Per Hong, senior partner at consulting firm Kearney. Omicron is “another