Oil prices edge up on Kazakhstan, Libyan supply worries
Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise in Omicron infections.
Major UK companies plan 2022 investment surge – Deloitte
Major British companies plan a surge in investment in 2022 to meet strong demand and respond to climate change against a backdrop of growing labour shortages, according to a survey from accountants Deloitte.
HSBC, UBS order Hong Kong office changes as COVID cases rise
Banks in Hong Kong including HSBC Holdings Plc (HSBA.L) and UBS Group AG (UBSG.S) are taking steps to reduce the number of people at the workplace after having operated at near full capacity for the past few months, as the city faces a spike in COVID-19 cases.
Oil slips from one-month high after U.S. fuel inventory surge
Oil prices lost ground on Thursday, falling from their highest levels in more than a month after U.S. fuel stockpiles surged amid declining demand.
World Economic Magazine’s Thought Leadership Interview Series with Almonty Industries Inc.’s Mr. Lewis Black
Impact of Omicron on Manufacturers and Suppliers.
World shares stretch positive start to 2022
World shares extended on Tuesday their positive start to 2022 with markets from Europe to Asia shrugging off worries the Omicron coronavirus variant could choke the global economic recovery, while the dollar rose after U.S. bond yields jumped.
S&P 500, Dow hit record highs on 1st trading day of 2022
The S&P 500 (.SPX) and Dow Jones Industrial Average (.DJI) posted closing record highs on the first trading day of the year on Monday, helped by gains in Tesla Inc (TSLA.O)and bank shares.
Oil prices steady ahead of OPEC+ meeting
Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output increase at their meeting later in the day amid diminishing concerns over the spread of the Omicron variant of COVID-19.
Dollar hits five-year high vs yen as Fed rate bets lift U.S. yields
The U.S. dollar reached its strongest level in nearly five years against the Japanese yen on Tuesday, lifted by a jump in Treasury yields as traders bet on an early Federal Reserve interest rate hike despite surging COVID-19 cases.
Global economy: Asian factories take Omicron risks in stride, for now
Asia’s factory activity grew in December as companies took rising global cases of the new Omicron coronavirus variant in stride, though persistent supply constraints and rising input costs clouded the outlook for some economies.
