new Omicron Covid strain may weigh on growth outlook

Workers unload bags of rice at a grocery store, known as Kirana, in Bengaluru, India, on Monday, June 21, 2021. D Dheeraj Singh | Bloomberg | Getty Images India’s economy expanded in line with market expectations for the quarter ending in September, but economists say risks such as the new alternative to Covid omicron could … Read more

This is now the world’s most expensive city to live in: EIU

A view of Tel Aviv, with the first skyscraper, Meir Shalom Tower, and newer buildings such as Azrieli Towers and Moshe Aviv Tower in the back. Ilan Chatcham | Getty Images Tel Aviv, Israel, is now the world’s most expensive city to live in, according to a biannual report from the Economist Intelligence Unit. The … Read more

Global hopes pinned on vaccine makers to overcome omicron variant

A laboratory technician wearing a full body protective suit handles a bottle containing growth media for virus production during coronavirus vaccine research at Valneva SA Laboratories in Vienna, Austria. Bloomberg | Bloomberg | Getty Images LONDON – As the new omicron Covid variant spreads around the world, hopes are pinning on vaccine makers’ ability to … Read more

Global markets rattled by omicron vaccine worries

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 27, 2021. Brendan McDermid | Reuters LONDON – Global markets have been shaken again by fears that the new alternative, Omicron, to Covid-19 may evade vaccines. Although health authorities have said it will take several weeks to get … Read more

How much does it cost to charter a flight? New flyers share prices

Private air travel is booming under the pandemic. In fact, interest is so high that many private airlines have a different problem on their hands: keeping up with demand. The private airline, VistaJet, said new membership for the first half of 2021 increased by 53% compared to 2020, with Europe bringing in the largest number … Read more

Jack Dorsey’s Twitter departure means more time for bitcoin passion

Jack Dorsey, co-founder and CEO of Twitter Inc. and Square Inc. , during the Bitcoin 2021 conference in Miami, Florida, US, on Friday, June 4, 2021. Eva Marie Ozkategi | Bloomberg | Getty Images Jack Dorsey resigned as Twitter’s CEO Monday morning, citing his belief that the company was “prepared to ditch its founders.” That … Read more

Omicron B.1.1.529 variant spreads across world: Here’s what we know

International passengers walk through the arrivals area of ​​Terminal 5 at Heathrow Airport on November 26, 2021 in London, England. Leon Neal | Getty Images News | Getty Images The highly mutated omicron Covid-19 variant has been detected in more countries as governments around the world consider new travel bans and restrictive measures. On Monday, … Read more

China’s real estate uncertainties persist, fueling market anxiety

Lists of apartments for sale are displayed at a real estate office in Shanghai, China, on Monday, August 30, 2021. Kelay Shane | Bloomberg | Getty Images BEIJING – Sharp volatility in Chinese stocks and bonds keeps investors on edge – These headlines could cause trouble in the sector to spill over into the rest … Read more

Chinese real estate developer Kaisa announces debt restructuring plan

City Plaza project of Kaisa Group Holdings Ltd. Under construction in Shanghai, China, on Tuesday, November 16, 2021. Kelay Shane | Bloomberg | Getty Images BEIJING – Chinese property developer Kaisa on Thursday announced plans to repay investors, temporarily easing concerns about defaults as China’s real estate sector continues to face pressure. Hong Kong-listed Kaisa … Read more