Updated

WHO’s top scientist says Omicron could displace Delta

By Francesco Guarascio and Stephanie Nebehay (Reuters) -The World Health Organization’s chief scientist told the Reuters Next conference on Friday the Omicron variant could become dominant because it is highly transmissible, but that a different vaccine may not be needed. Soumya Swaminathan also said it was too early to say whether Omicron is milder than …

WHO’s top scientist says Omicron could displace Delta Read More »

Vaccine makers doing right to look to adjust COVID-19 jabs – WHO

GENEVA (Reuters) – It is “commendable” that makers of COVID-19 vaccines are planning for the “likelihood” of needing to adjust their products to protect against the Omicron variant, a World Health Organization (WHO) spokesperson said on Friday. Christian Lindmeier, speaking at a U.N. briefing in Geneva, said the agency was still studying the transmissibility and …

Vaccine makers doing right to look to adjust COVID-19 jabs – WHO Read More »

Fed’s Bullard wants faster policy tightening, citing ‘inflation shock’

(Reuters) -St. Louis Federal Reserve Bank James Bullard on Friday called for the Fed to begin tightening monetary policy, citing unexpectedly high inflation, strong economic growth and a labor market that is very tight and poised to strengthen further. “These considerations suggest that the FOMC at upcoming meetings may want to consider removing accommodation at …

Fed’s Bullard wants faster policy tightening, citing ‘inflation shock’ Read More »

Canada posts hefty job gains, but outlook clouded by Omicron variant

By Julie Gordon OTTAWA (Reuters) – Canada’s economy posted an unexpectedly large job gain in November, driving the jobless rate down and hours worked up to pre-pandemic levels, data showed on Friday, but economists say it is unlikely to change the Bank of Canada’s guidance amid worries over a new coronavirus variant. The Canadian economy …

Canada posts hefty job gains, but outlook clouded by Omicron variant Read More »

PayPal says ‘buy now, pay later’ volumes surged 400% on Black Friday

By Rachel Armstrong LONDON (Reuters) – Volumes on PayPal Inc’s ‘buy now, pay later’ platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method, the company’s chief executive told the Reuters Next conference. PayPal launched its “Buy in 4” …

PayPal says ‘buy now, pay later’ volumes surged 400% on Black Friday Read More »

AmEx Global Business Travel to go public via $5.3 billion Apollo SPAC deal

(Reuters) – American Express Global Business Travel (GBT) said on Friday it would merge with a blank-check firm backed by Apollo Global Management Inc to go public in a deal valued at around $5.3 billion. The deal with Apollo Strategic Growth Capital (ASGC) will deliver gross proceeds of up to $1.2 billion, including a $335 …

AmEx Global Business Travel to go public via $5.3 billion Apollo SPAC deal Read More »

Botswana says some diplomats found to have Omicron variant came from Europe

(Refiles headline to fix variant spelling) GABORONE (Reuters) -Botswana’s President Mokgweetsi Masisi said some of the four diplomats who first tested positive for the Omicron coronavirus variant in the country had come from Europe, calling for a reversal of widespread travel bans imposed against southern African countries. Omicron, dubbed a variant of concern by the …

Botswana says some diplomats found to have Omicron variant came from Europe Read More »

Omicron COVID-19 variant found in five U.S. states

By Kanishka Singh and Susan Heavey (Reuters) – New York has confirmed five cases of the Omicron coronavirus variant, its governor said on Thursday, bringing to five the number of U.S. states having detected the variant, with 10 reported infections nationwide. California, Colorado and Minnesota have found cases of the coronavirus variant among patients who …

Omicron COVID-19 variant found in five U.S. states Read More »

Close Bitnami banner
Bitnami