Tuesday, November 30, 2021

Financial Post

Financial Post


Nigeria confirms first cases of Omicron among travelers from South Africa

Posted: 30 Nov 2021 10:18 PM PST

ABUJA -- Nigeria confirmed its first cases of the Omicron COVID-19 variant among two travelers who arrived from South Africa last week, the Nigeria Centre for Disease Control (NCDC) said on Wednesday. Read More

Japan finds second case of Omicron variant -media

Posted: 30 Nov 2021 10:13 PM PST

TOKYO -- Japan has found a second person who has tested positive with the COVID-19 Omicron variant, broadcaster FNN reported on Wednesday. Read More

Healthcare group Sanofi to buy Origimm Biotechnology to boost vaccines business

Posted: 30 Nov 2021 10:07 PM PST

PARIS -- French healthcare company Sanofi has agreed to buy Austrian group Origimm Biotechnology in a move that Sanofi said would boost its vaccines business. Read More

Haven currencies ebb with Omicron fears

Posted: 30 Nov 2021 10:05 PM PST

SYDNEY -- Riskier currencies bounced from recent lows and safe-havens such as the yen eased against the dollar on Wednesday as traders in Asia lightened some of their worries about the Omicron variant. Read More

Zero-sugar Oreos see weak China response despite healthy snacking trend

Posted: 30 Nov 2021 10:00 PM PST

Initial reaction from the launch of Oreo Zero sugar-free cookies in China has been disappointing, Mondelez International Inc's CEO said, underscoring some of the challenges facing the global snack giant as it makes a big push in the market. Read More

China protested Indonesian drilling, military exercises

Posted: 30 Nov 2021 10:00 PM PST

SYDNEY/JAKARTA -- China told Indonesia to stop drilling for oil and natural gas in maritime territory that both countries regard as their own during a months-long standoff in the South China Sea earlier this year, four people familiar with the matter told Reuters. Read More

History says expect strong December for U.S. stocks, despite Omicron and Fed worries

Posted: 30 Nov 2021 10:00 PM PST

A pileup of risks into year-end has some investors gauging whether December will continue its historical trend of a strong stock performance, even as markets face of worries over the Omicron coronavirus variant and a more hawkish Federal Reserve. Read More

Asian shares bounce sharply from year low but Omicron, Fed in focus

Posted: 30 Nov 2021 09:48 PM PST

HONG KONG -- U.S. and European share futures jumped on Wednesday, oil rose and Asian stocks were heading for their best day in nearly two months as traders reversed course after a sharp selloff the day before took the regional benchmark to a 12-month low. Read More

U.S. tightens COVID-19 travel rules as countries race to quell Omicron threat

Posted: 30 Nov 2021 09:48 PM PST

WASHINGTON/TOKYO -- Air travelers to the United States will face tougher COVID-19 testing rules, as several countries moved to seal-off their borders amid heightened uncertainty around the virulence of the Omicron variant and its ability to dodge existing vaccines. Read More

New Zealand joins regional effort to calm restive Solomon Islands

Posted: 30 Nov 2021 09:47 PM PST

WELLINGTON -- New Zealand said on Wednesday that it will deploy military and police personnel in the Solomon Islands, joining efforts by Australia, Fiji and Papua New Guinea to help restore peace in the Pacific island nation following anti-government rioting. Read More

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