Supply chain chaos to persist through to next summer, Siemens chairman says
Supply chain chaos will likely persist through to the middle of next year, according to Jim Snabe, chairman of German conglomerate Siemens.
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Fidelity International CEO 'strongly' believes central banks should wait to tighten policy
Holding off on tightening policy is a "lesser evil than acting prematurely," says Anne Richards, from Fidelity International.
Nvidia's $40 billion Arm acquisition is now ‘highly unlikely’ to go through, analyst says
Nvidia's acquisition of British chip designer Arm is looking increasingly unlikely, according to Gartner semiconductor analyst Alan Priestley.
Barclays, RBS, HSBC, Credit Suisse and UBS fined for taking part in forex trading cartel
The European Commission probe found that traders occasionally coordinated trading plans via a chatroom called Sterling Lads.
This map shows where the Covid omicron variant has been detected
From the U.S. to Germany and Saudi Arabia to Australia, the omicron Covid-19 variant has spread to dozens of countries globally.
Omicron clouds outlook for international travel that was just turning a corner
The U.S., U.K. and other nations have revived travel restrictions just as demand was recovering.
Six different Covid vaccines are safe and effective when used as boosters, UK study finds
The peer-reviewed phase 2 trial analyzed the safety and efficacy of seven vaccines when administered as booster shots.
Oil rises as OPEC+ sticks to January output hike
OPEC+ will convene to determine whether to stick with its plan to release more oil into the market or to restrain supply amid fears over the omicron variant.
WTO chief 'very concerned' about the unequal distribution of Covid vaccines
Richer nations have hoarded the highest number of Covid shots, while many low-income nations have struggled to get their hands on the much-needed vaccines.
OPEC to decide on oil output policy as omicron Covid variant rattles markets
There is little sign OPEC+ intends to change course from its current output plan of a monthly hike of 400,000 barrels per day.
ECB faces calls to be clearer on inflation after Fed's Powell drops 'transitory'
Fed's Powell tweaked his tone about inflation. Now, economists in Europe say the European Central Bank needs to do the same.
WHO says omicron has been found in 23 countries across the world
The World Health Organization said 23 countries across the world have reported cases of the highly mutated omicron Covid-19 variant.
IEA says renewable power installations are set for a record year, warns of net-zero uncertainty
IEA executive director Fatih Birol says "a new global energy economy is emerging."
Greece imposes monthly fines of 100 euros on the over-60s who refuse a Covid vaccine
Failure to get a first dose of a coronavirus shot by Jan. 16 for anyone aged 60 or over will result in a monthly fine of 100 euros ($114).
Facebook owner Meta told to sell Giphy as British regulator blocks acquisition
Meta, Facebook's parent, has been told by the U.K.'s competition watchdog that it must sell GIF-sharing platform Giphy.
EU medical agency says vaccine revisions for omicron could be approved in 3-4 months
The European Union could approve a Covid-19 shot against the new variant within three to four months, the bloc's medical agency said Tuesday.
Euro zone inflation rate hits a record 4.9% for November
The euro zone's inflation rate has risen to a record high in November, prompting further questions about what the ECB will do next.
Peter Thiel-backed psychedelic start-up increases stake in Compass Pathways
Atai Life Sciences, the Peter Thiel-backed psychedelic start-up, has increased its stake in Compass Pathways.
Many people are flying private jet services for the first time. Here's what they're paying
The cost of private jet charters can vary wildly. Here's why, and what new converts paid for their first flights during the pandemic.
Airlines log busiest days since early 2020 over Thanksgiving but omicron poses new challenge
Travel surged over Thanksgiving week but now major carriers have to grapple with new restrictions because of the omicron variant of the coronavirus.
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