A look at the day ahead from Danilo Masoni. Sell first, get answers later. With stocks near lifetime peaks, the Black Friday reaction to the new fast-spreading virus strain Omicron was hardly surprising. But a weekend later, investors...
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Omicron threatens oil demand recovery, already hit by Europe’s rising COVID cases
By Florence Tan and Heekyong Yang (Reuters) – Asian oil refiners’ margins have slumped to the lowest in nearly five months amid worries that the Omicron coronavirus variant could deal another blow to oil demand recovery,...
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U.S. stock futures, oil rally as mood lightens
By Wayne Cole SYDNEY (Reuters) – U.S. stock futures led a market rebound on Monday as investors prepared to wait a few weeks to see if the Omicron coronavirus variant would really derail economic recoveries and the tightening plans...
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Currencies recover from Omicron chaos but analysts warn more volatility ahead
By Kevin Buckland OTTAWA (Reuters) – Currency markets calmed on Monday in Asia after the initial shock of Omicron’s discovery sent investors scurrying for cover last week, but analysts warned of more volatility with little...
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Exclusive-D. Telekom, Vodafone, others want U.S. tech giants to help fund network costs
By Foo Yun Chee BRUSSELS (Reuters) – U.S. tech giants should bear some of the costs of developing Europe’s telecoms networks because they use them so heavily, chief executives of Deutsche Telekom, Vodafone and 11 other major...
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ECB’s Lagarde says euro zone in better shape facing new COVID wave, Omicron variant
MILAN (Reuters) – The euro zone is better equipped to face the economic impact of a new wave of COVID-19 infections or the Omicron variant, European Central Bank President Christine Lagarde said. Several European countries have...
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