Omicron

Russia, China tone down G20 text on geopolitical tensions

Russia and China watered down a communique being drafted by heads of the Group of 20 major economies on Friday…

4 years ago

Air France-KLM to seek up to 4 bln euros to repay state aid, shares sink

Air France-KLM (AIRF.PA) plans to raise up to 4 billion euros ($4.6 billion) as it seeks to repay state pandemic handouts, the…

4 years ago

Analysis: World’s damaged supply chains brace for painful recovery

Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and…

4 years ago

Indonesia’s GDP speeds up on easing COVID-19 curbs, brisk exports

Indonesia's economic growth accelerated in the final quarter of last year as consumption perked up following the easing of anti-virus…

4 years ago

Caterer Compass feeds share price rise with strong revenue recovery

Compass Group (CPG.L), the world's largest catering firm, said on Thursday its first-quarter revenue was near pre-pandemic levels and stuck to…

4 years ago

Analysis: Investors bank on real yields to boost dollar in months ahead

The dollar's choppy start to the year has not dissuaded some investors from betting the U.S. currency will soon resume…

4 years ago

Euro zone business growth lost more momentum in Jan as Omicron hit demand

Euro zone economic growth lost more momentum in January as the bloc's dominant services industry suffered from subdued demand amid…

4 years ago

Omicron restrains U.S. manufacturing; supply bottlenecks slowly easing

A measure of U.S. manufacturing activity fell to a 14-month low in January amid an outbreak of COVID-19 cases, supporting…

4 years ago

Starbucks to hike prices to offset inflation; lowers profit guidance

Starbucks Corp (SBUX.O) will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as…

4 years ago

Japanese banks sound caution for earnings as Omicron highlights bad loan risks

Japan's biggest lenders on Wednesday all sounded alarm about the risk the Omicron variant could have on their earnings, reviving…

4 years ago