Pfizer profit up 78% in June quarter
The company's earnings jumped on strong sales of Covid19 products.China’s zero-Covid policy leaves a long trail of medical waste
Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that has become the environmental and economic levy of a zero-Covid strategy.Stocks recover as Shanghai set to ease lockdown, reopen business
The impact of Beijing's zero-Covid strategy on the world's second-largest economy was revealed Monday when official data showed that retail sales and industrial production in April on-year had slumped to their lowest levels in more than two years.Ryanair cuts annual net loss to $369 million
Ryanair expects cost increases as a result of surging oil prices fueled by the war, it hopes "to return to reasonable profitability" in its current financial year.Lufthansa cuts Q1 losses
German carrier set its sights on a record summer for traffic.Record Airbnb bookings in Q1
The firm says results signal travel rebound.Pfizer plans new Covid jab
It has said a shot for multiple variants is coming by 2022-end.Omicron lasts three days less than Delta for boosted: Study
People who are vaccinated and have had a booster shot against Covid-19 recover from symptoms from the Omicron variant more than three days earlier than those with the Delta variant, a study said Friday. The swifter recovery suggests "that the period of infectiousness might be shorter, which would in turn...COVID cases increasing once again, especially in parts of Asia: WHO
After several weeks of declines, reported cases of COVID-19 are once again increasing globally, especially in parts of Asia, WHO Director-General Tedros Adhanom Gebreyesus told journalists in Geneva. In the past week, the agency has seen an 8 per cent increase in detection of COVID-19 cases, with more than 11...Chinese cities and factories lock down as outbreak spreads
China cannot relax its zero-Covid policy just yet despite the low fatality rate of Omicron, say medical experts.Two years into the pandemic, is the end in sight?
Scientists warn that potential new variants and unequal vaccination rates threaten any long-awaited return to normality.Strong protection for babies born to Covid-vaccinated moms: study
The CDC carried out a study involving 379 babies aged up to six months, who were hospitalized in 20 pediatric centers from July 2021 to January 2022.Omicron sub-variant found in 57 countries : WHO
The fast spreading and heavily mutated Omicron variant has rapidly become the dominant variant worldwide since it was first detected in southern Africa 10 weeks ago.Pfizer seeks US approval of Covid vaccine for children under 5
Pfizer and BioNTech will soon ask US regulators for emergency authorization for a Covid-19 vaccine for children aged five and under, US media reported Tuesday. This is the last age group in the United States that is not yet eligible for coronavirus shots. As early as Tuesday, the companies could...IATA urges governments to accelerate lifting of travel restrictions
The International Air Transport Association (IATA) urges urged governments to accelerate the relaxation of travel restrictions, saying evidence suggests a minimal impact of travel restrictions on the spread of the virus. IATA called for removing all travel barriers (including quarantine and testing) for those fully vaccinated with a WHO-approved vaccine,...Pfizer-BioNTech Omicron vaccine trial gets underway
Pfizer and BioNTech have begun enrollment for a clinical trial to test the safety and immune response of their Omicron-specific Covid-19 vaccine in adults aged up to 55.WHO chief says how World can end Covid emergency this year
The countries need to work harder to ensure equitable access to vaccines and treatment, track the virus and its emerging variants, and keep restrictions in place, Tedros Adhanom Ghebreyesus told the UN health agency's executive board.Covid restrictions hit spending, slowing eurozone growth
Economic growth in the eurozone slowed sharply in January, a key survey showed Monday, as new coronavirus restrictions hit consumer spending, raising a new obstacle for the region's recovery.Covid-19 pandemic far from over: WHO
The WHO has warned that the sheer numbers of people infected will mean many people are still falling seriously ill and dying.World tourism won’t return to pre-Covid levels until 2024: WTO
In Europe and the Americas, foreign visitor arrivals surged by 19 percent and 17 percent, respectively, last year over 2020. In the Middle East, however, arrivals declined by 24 percent in 2021, while in the Asia-Pacific region they were 65 percent below 2020 levels, and 94 percent down on pre-pandemic...OPEC expects robust oil demand in 2022 to overcome Omicron threat
Global demand for oil is expected to remain "robust" in 2022 and overcome short-term disruption caused by the Omicron coronavirus variant, the Organization of Petroleum Exporting Countries said on Tuesday. But the Saudi-led group of top oil producers warned future virus strains and pandemic-related travel restrictions could threaten the global...World economy at risk as Omicron engulfs Europe
More than half of people in Europe will likely catch Omicron by March, the WHO has said amid a World Bank warning that it could hamper global economic recovery.World passes 300 million Covid cases as Omicron breaks records
The virus mutant has spurred the world to record 13.5 million cases in the last week alone -- 64 percent higher than the previous seven days -- the global average of deaths dropped three percent. France's public health authority said Friday that the risk of hospitalisation was about 70 percent...Omicron variant spread due to mix of factors
Omicron transmitted very efficiently between people due to a number of reason including make-up of the Covid-19 variant and increased social mixing and not adhering to measures such as physical distancing.UAE tops list of safest travel destinations in 2022
After the progress and setbacks to travel and tourism in 2021, enthusiasts are looking to make the best of 2022.High gas prices boost Shell
The company slumped into a huge loss in 2020.Calling Omicron ‘mild’ is a mistake, warns WHO chief
Just under 9.5 million new Covid-19 cases were reported to the WHO last week — a record, up 71 percent on the week before. But even this was an underestimate, as it did not reflect the backlog of testing around the Christmas-New Year holidays, positive self-tests not registered, and overburdened...Kuwait to increase crude output by 27,000 barrels per day from Feb 1
Kuwait will increase its crude production by 27,000 barrels per day (bpd) to 2.6 million bpd from 1 Feb. 2022 in compliance with its new crude output quota after the OPEC and non-OPEC alliance's decision to upwardly adjust output level by 400,000 bpd as of next month. Deputy Prime Minister...Moroccan tour operators protest pandemic restrictions
About 200 industry workers demonstrated in front of the tourism ministry in Rabat, demanding the reopening of borders.OPEC expected to maintain course to modestly open taps
Major oil-producing countries are expected to maintain on Tuesday their course of modestly boosting output as the rapidly spreading Omicron variant has so far not heavily hit demand.The so-called OPEC+ grouping, including top producers Saudi Arabia and Russia, has withstood pressure to more widely open the taps though high energy...Emirates declared safest airline globally by Hamburg-based JACDEC
The Hamburg-based Jet Airliner Crash Data Evaluation Centre (JACDEC) has again named Emirates Airline as the world’s safest airline in a survey carried out for Aero International aviation magazine, media reports said. Emirates Airline is the world's largest operator of double-decker Airbus A380s - the largest passenger jet in history. With...Kuwaitis told to avoid European travel over Omicron surge
Kuwait has called on its citizens to avoid travel to several European countries hit hard by the Omicron coronavirus variant. In a series of statements overnight Sunday, the oil-rich Gulf state also urged Kuwaitis already there to return home because of the surge in cases on the continent. The foreign ministry...CES prepares to draw tech crowd despite Covid-19 surge
Multiple companies — including Amazon, BMW, and Microsoft — reduced or canceled their attendance as Covid-19 case numbers broke records, but organizers said safety protocols were in place for thousands of expected attendees. But some experts urged caution and daily testing, as not all attendees can be counted on to...Covid-19 clouds hover over world’s New Year party
As the year drew to a close, the emergence of the Omicron variant pushed the number of daily new Covid-19 cases past one million for the first time. France on Friday became the latest country to announce Omicron was now its dominant coronavirus strain.Gulf markets end 2021 on positive note
The Gulf financial markets ended 2021 on the rise, waiting to achieve significant gains next year.Israel ‘leads the way’ with 4th Covid jabs for vulnerable
According to researchers at Jerusalem's Hebrew University, new daily infections could rise to 15,000 or even 20,000 within the next 10 days. A total of almost 1.4 million cases of Covid infection, including 8,243 deaths, have been officially recorded in Israel.Emirates upbeat on growth despite global surge in Covid cases
Aviation giant Emirates said Thursday it expects business to grow next year despite the surge in global coronavirus cases fueled by the Omicron variant. The Dubai-based carrier said in November it was already on the path to recovery as six-month losses dropped by more than half from a year earlier....WHO says Omicron risk ‘very high’ after Covid cases rise by 11 percent
Omicron is behind rapid virus spikes in several countries, including those where it has already overtaken the previously-dominant Delta variant, the WHO said in its Covid-19 weekly epidemiological update.Kuwait Gulf Games deferred, will be held in May 2022
Kuwait will host the third Gulf Games from May 11-21, Secretary-General of Kuwait Olympic Committee Husain Al-Musallam said on Sunday. Al-Musallam told KUNA that the new timing of the games was set after the Executive Board had announced the postponement of organizing the event, which was planned in Kuwait...Spider-Man first $1bn post-pandemic movie
No Way Home has grossed $467.3 million in North America and $587 million internationally since its release earlier this month.Omicron hits Christmas weekend travel: Over 6,000 flights scrapped
More than 6,000 flights have been canceled worldwide over the long Christmas weekend and thousands more were delayed, a tracking website reported on Sunday, December 26, as the highly infectious Omicron variant of Covid-19 brought holiday hurt to millions of fliers.Omicron surge pushes Morocco to extend flight ban
The restrictions have dealt a punishing blow to the North African country's vital tourism sector.Asia markets climb as Covid fears recede
Studies indicating Omicron infections are less likely to result in hospitalisation have increased confidence that the pandemic will have less impact on the economy.AfCon to be held as planned despite Omicron surge
The Confederation of African Football President Patrice Motsepe has confirmed that AFCON 2021 will go ahead as planned in January 2022.US authorizes Pfizer’s anti-Covid pill as Omicron surges
Paxlovid, which comprises two types of tablet, was granted an emergency use authorisation by the Food and Drug Administration.Omicron now dominant in US as WHO urges greater effort to end pandemic
Omicron now accounts for 73.2 percent of new US cases over the past week ending Saturday.Over 700,000 flock to Saudi Arabia’s top music festival
Record crowds of over 700,000 revelers flocked to Saudi Arabia's MDLBeast Soundstorm music festival, authorities said Monday, at the end of the four-day event in the oil-rich desert kingdom. The electronic music festival comes as Saudi's leaders are pushing efforts to change its conservative image and diversify its economy, only...WEF says ‘will defer’ Davos meeting over Omicron fears
The high-powered meeting scheduled for January 17-21, which usually draws leading figures from business, politics and diplomacy, will instead be held in "early summer", the organizers said. Last year's edition was canceled because of the pandemic.Israel to ban travel to US over Omicron spread
Lawmakers from Israel also approved the health ministry recommendation to bar Israelis from travel to France, Ireland, Norway, Spain, Finland, Sweden, and the United Arab Emirates.Saudi Arabia advises citizens against foreign travel
The Saudi Public Health Authority has also announced new precautions for travelers entering the country.


















































