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 …
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 …
Continue reading “Oil Prices Rise As API Confirms Crude Inventory Draw”
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 …
Continue reading “Biden plan to spur 200 million-500mln COVID tests to market -Fauci”
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 …
Continue reading “Wall Street kicks off higher, Dow soars 350 pts”
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 …
The coronavirus pandemic still poses a threat, and will continue to do so, but the medical field and infectious disease experts have learned plenty about the virus and its spread. Tools such as safe vaccines and masking options offer individual protection. That means sports leagues will not shut down like they did 20 months ago. …
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 …
Continue reading “AMC sets post-reopening attendance records in US”
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 …
Continue reading “Wall St falls as Omicron’s spread stokes fears of tighter curbs”
A growing body of preliminary research suggests the COVID vaccines used in most of the world offer almost no defense against becoming infected by the highly contagious omicron variant. All vaccines still seem to provide a significant degree of protection against serious illness from omicron, which is the most crucial goal. But only the …
Continue reading “Most of the World’s Vaccines Likely Won’t Prevent Infection From Omicron”
The Dow Jones Industrial Average index dropped over 550 points in premarket trade on Monday as concerns surrounding the Omicron coronavirus variant seemingly affected market sentiment. United States President Joe Biden is set to address the nation on December 21 and outline the details of the government’s Winter Plan to “fight against COVID-19.” Furthermore, Senator …
Continue reading “Dow falls 550 pts premarket on virus worries”