Tag: Virus

Omicron Reaches Nations From U.K. to Japan in Widening Spread

(Bloomberg) — The omicron variant of Covid-19, first identified in South Africa, has been detected in locations from U.K. to Spain and Canada, showing the difficulties of curtailing new strains. Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderly VeteransReliving the New York Subway Map DebateMost infections stem from travelers carrying the disease across borders. Israel, for instance, said a confirmed case
— Read on ca.finance.yahoo.com/news/omicron-reaches-australia-canada-widening-103349684.html

Virus in China Threatens Oil Market’s Top Source of Growth

(Bloomberg) — For the global oil market, the coronavirus epidemic couldn’t have hit a worse place.As the industry banks on strong demand growth to overcome abundant supply, China, the epicenter of the disease, has been cherished as the engine of that consumption. Last year, when it imported more oil
— Read on ca.finance.yahoo.com/news/virus-china-threatens-oil-market-102756404.html

New coronavirus will likely push China to step up stimulus

The Chinese government is beginning to pour out billions to help those affected by the new coronavirus, and analysts expect more support for the economy overall is likely to come.
— Read on www.cnbc.com/2020/01/31/new-coronavirus-will-likely-push-china-to-step-up-stimulus.html

Virus Poses New Threat to World Economy’s Fragile Stabilization

(Bloomberg) — The outbreak of the deadly coronavirus threatens to derail a fragile stabilization in the world economy, which had appeared poised to benefit from the phase one U.S.-China trade deal, and signs of a tech turnaround.While it’s too early to assess the full impact on China, where national
— Read on ca.finance.yahoo.com/news/virus-poses-threat-world-economy-064737166.html