Oil rises towards $75 as U.S. demand and Fed outweigh virus concern

Oil rose towards $75 on Thursday supported by record U.S. implied demand and falling crude stockpiles, even as the spread of the Omicron coronavirus variant threatens to put a brake on consumption globally.
Muted start to second half for Asia stocks as U.S. payrolls loom

Asian stock markets made a subdued start to the second half of 2021 on Thursday, weighed by worries about new coronavirus infections and fresh lockdowns, while bond and currency markets were on edge ahead of U.S. labour data.
First COVID-19 case could have emerged in China in Oct 2019 – study

The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study showed on Friday.
Global banks in Hong Kong push to get staff back to office

Global banks are moving faster in Hong Kong to get staff back to office versus in other major centres, given fewer daily COVID-19 cases in the Asian city, and are offering incentives such as onsite vaccinations and days off to encourage inoculation.
What you need to know about the coronavirus right now

Here’s what you need to know about the coronavirus right now.
What you need to know about the coronavirus right now

Here’s what you need to know about the coronavirus right now.
India’s Cadila to produce up to 30 mln COVID-19 vaccine doses a month – executive

India’s Cadila Healthcare (CADI.NS) is aiming to triple monthly production of a COVID-19 vaccine candidate to as many as 30 million doses, its managing director said on Monday, as the country battles a massive wave of infections.
Inside the race to find a COVID-19 treatment pill

In early 2020, as a new deadly coronavirus began spreading around the world, Pfizer Inc (PFE.N) assembled what it called a “SWAT team” of scientists and chemists to identify a potential treatment to fight COVID-19.
India’s COVID tally passes 25 mln; cyclone complicates efforts in Modi’s state

India total COVID-19 caseload surged past 25 million on Tuesday as a powerful cyclone complicated the health crisis in one of the states where the disease is spreading most quickly. COVID-19 tests were administered to 200,000 people evacuated from coastal districts of the western state of Gujarat before the cyclone struck late on Monday and […]
More than 4,000 Indians die of COVID-19 for second straight day

India recorded more than 4,000 COVID-19 deaths for a second straight day on Thursday, while infections stayed below 400,000 for a fourth day, although the virus has become rampant in rural areas where cases can go unreported due to a lack of testing. Experts remain unsure when numbers will peak and concern is growing about […]