Fourth COVID-19 shot needed, says German health minister

Fourth COVID-19 shot needed, says German health minister

BERLIN, Dec 22 (Reuters) – German Health Minister Karl Lauterbach said on Wednesday that a fourth vaccination will be necessary in the fight against the coronavirus pandemic due to the more contagious Omicron variant. He said that Germany has ordered 80 million doses of a vaccine made by Biontech specifically targeting Omicron and should arrive …

Weak winds worsened Europe’s power crunch; utilities need better storage

Weak winds worsened Europe’s power crunch; utilities need better storage

OSLO/COPENHAGEN (Reuters) – Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that sent power prices to record highs as utilities had to buy more coal and scarce, costly, natural gas. The situation illustrated a challenge facing the European Union as it …

Omicron milder than Delta in UK – report…… Another study finds Omicron MAY NOT be milder than Delta: UK Study

Omicron milder than Delta in UK – report…… Another study finds Omicron MAY NOT  be milder than Delta: UK Study

he Omicron coronavirus variant seems to be causing milder COVID-19 symptoms compared to the Delta strain, according to conclusions set to be published by British government scientists. People living in the United Kingdom are less likely to become ill, Politico reported on Wednesday citing the study, noting high vaccination percentage as one of the main …

Oil Prices Rise As API Confirms Crude Inventory Draw

Oil Prices Rise As API Confirms Crude Inventory Draw

This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 3.670 million barrels. U.S. crude inventories have shed some 65 million barrels since the beginning of the year. In the previous week, the API reported a draw in oil inventories of 815,000 barrels, compared to the 2.60-million-barrel draw that analysts …

Biden plan to spur 200 million-500mln COVID tests to market -Fauci

Biden plan to spur 200 million-500mln COVID tests to market -Fauci

WASHINGTON (Reuters) – The Biden administration’s use of the Defense Production Act should help get 200 million to 500 million COVID-19 tests to market, Dr. Anthony Fauci told MSNBC in an interview on Tuesday. The nation’s top infections disease official, speaking before President Joe Biden’s unveils his latest plan to combat COVID-19 amid the Omicron …

Wall Street kicks off higher, Dow soars 350 pts

Wall Street kicks off higher, Dow soars 350 pts

Major stock markets in the United States opened deep in the green territory following the news that President Joe Biden and Senator Joe Manchin continued discussions on approving the Build Back Better economic plan. During the premarket’s session, the White House announced it will provide half a million COVID-19 at-home tests for free starting from …

UK’s Johnson to say in 48 hours whether more COVID rules needed….. Europe weighs Omicron curbs as Biden turns to military medics

UK’s Johnson to say in 48 hours whether more COVID rules needed….. Europe weighs Omicron curbs as Biden turns to military medics

Prime Minister Boris Johnson is expected to make an announcement in the next 48 hours on whether to impose “circuit-breaker” restrictions in England to stem the spread of the Omicron variant of coronavirus, The Sun newspaper reported on Tuesday. It said Johnson is considering a return to “Step 2” curbs that would limit pubs and …

AMC sets post-reopening attendance records in US

AMC sets post-reopening attendance records in US

AMC Theatres (NYSE:AMC), the largest theatrical exhibitor in the United States, in Europe & the Middle East, and in the world, today announced that based on the opening weekend strength of Marvel & Sony Pictures’ SPIDER-MAN: NO WAY HOME, AMC has broken several post-reopening attendance records. The movie finished the weekend as the biggest December …

Wall St falls as Omicron’s spread stokes fears of tighter curbs

Wall St falls as Omicron’s spread stokes fears of tighter curbs

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 3, 2021. REUTERS/Brendan McDermid Dec 20 (Reuters) – Wall Street’s main indexes opened lower on Monday, dragged by concerns about the impact of tighter COVID-19 curbs on the global economy, and a potentially devastating setback to President …