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The Latest Breaking News from Omicron

Is Monoclonal Antibodies Cocktail a panacea?

Drug is not effective against Omicron variant, say doctors

The Hindu

Scotland to relax strict work-from-home guidance from Monday

Nicola Sturgeon asks employees to start hybrid working and eases face mask rules after Omicron ebbs

The Guardian - UK

IMF slashes global growth outlook amid Omicron hit

Washington (AFP) - The Omicron variant of Covid-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in the world's two largest economies, the IMF said Tuesday.

AFP

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Kroger Stock Falls On Wells Fargo Downgrade

Wells Fargo analyst Edward Kelly downgraded Kroger Co (NYSE:KR) to Underweight from Equal Weight with a $42 price target, implying a 9% downside. The analyst notes the risk/reward for this COVID beneficiary now looks skewed to the downside. While he expects Q4 earnings to exceed consensus once again as Omicron extends what has arguably been…

Benzinga

UK records 439 Covid deaths - highest since February last year as 94,326 cases recorded

The UK seems to have turned the corner on the Omicron wave with cases far from their New Year peak as restrictions and guidance is loosened across the home nations - but deaths still remain high

Daily Mirror

Omicron spread could speed-up staged border reopening

#Analysis - In two weeks Kiwis abroad will know when they can return home and self-isolate. For some it could come sooner than expected, writes @jo_moir

Newsroom.co.nz

Without a trace: Contact tracers miss two cases

Despite Government assurances that contact tracing was near foolproof, the Omicron outbreak quickly highlights gaps in the system.

Newsroom.co.nz

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Pfizer and BioNTech launch clinical trial for Omicron-specific vaccine

Pfizer Inc and BioNTech have announced the start a clinical trial to test a new version of their vaccine specifically designed to target the Omicron variant of Covid-19 Omicron variant.

Evening Standard

FDA revokes approval for Covid antibody drugs that don’t work against Omicron prompting DeSantis pushback

Florida governor pushes back against decision, calling it ‘sudden and reckless’

The Independent UK

Sturgeon relaxes work from home rules

Government guidance changes due to progress in tackling the spread of Omicron

Insider UK

MakeMyTrip Registers 70.5% Sequential Revenue Growth In Q3

MakeMyTrip Ltd (NASDAQ:MMYT) reported third-quarter FY22 sales growth of 102.5% Y/Y and 70.5% Q/Q, to $115.02 million, beating the analyst consensus of $112.35 million. Gross bookings for the quarter increased 93.0% Y/Y and 57.4% Q/Q. Adjusted EPS of $0.12 beat the analyst consensus of $(0.01). Revenue from Air ticketing increased 50.6% Y/Y, Hotels…

Benzinga

Inflation and Omicron will dent world growth in 2022, says IMF

Global growth downgraded to 4.4% as body predicts especially marked slowdown for US and China

The Guardian - UK

UK growth outlook cut as Omicron and supply chain troubles bite, says IMF

The International Monetary Fund has downgraded its UK growth forecast for 2022 to 4.7%, from the 5% predicted in October.

The Independent UK

Nicola Sturgeon relaxes working from home rules after progress in Omicron fight

EXCLUSIVE: The First Minister announced the change during an update to MSPs

Daily Record

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Benzinga

Pfizer, BioNTech Launch Omicron-Targeted COVID-19 Vaccine Trial

Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) have

Edinburgh Live

Covid Scotland: Royal Mail cuts 700 jobs in bid to slash costs after Omicron wave

Hundreds of people working for the national postal firm are set to lose their jobs as bosses at the company hopes the move will save it around £40 million a year.

Daily Mirror

Sainsbury's, Tesco, Asda, Aldi & more – new supermarket face mask rule changes in full

Covid rules brought in to deal with rising Omicron cases are coming to end this week. Here's what that means for face mask rules in supermarkets across England, from Morrisons to Marks & Spencer

Asharq Al-Awsat

Pfizer and BioNTech Launch Trial of Omicron-Targeted COVID Vaccine

Pfizer Inc and BioNTech SE said on Tuesday they started a clinical trial to test a new version of their vaccine specifically designed to target the COVID-19 Omicron variant, which has eluded some of the protection provided by the original two-dose vaccine regimen. The companies plan to test the immune…

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news in one place.

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Benzinga

The Daily Biotech Pulse: Pfizer-BioNTech Starts Omicron-Specific Vaccine Study, J&J Misses On Topline, Sierra Oncology Reports Positive Data

Here's a roundup of top developments in the biotech space over the last 24 hours.

Daily Mirror

Omicron symptoms in your ears, head and eyes that 'may come and go', warn doctors

Due to the Omicron Covid variant being so transmissible, it’s important to be aware of the symptoms to avoid spreading it further. Here we take a look at specific signs in your ears, head and eyes

The Independent UK

Concern over ‘substantial and consistent’ decline in demand for Covid vaccines

Vaccine booster demand down following message of “less serious” impacts of Omicron

Daily Record

Royal Mail to cut 700 jobs in cost-cutting drive amid Omicron delivery chaos

Royal Mail staff absences peaked at 15,000 in early January as Omicron ripped through the UK.

Evening Standard

Marston’s CEO Andrew Andrea: People are returning to the pub after ‘eight week blip’ of Omicron

The chief executive of Marston’s expects Brits to flock back to the pub now that Plan B restrictions have been scrapped.

AFP

Pfizer-BioNTech begin Omicron vaccine trial

Washington (AFP) - 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, the companies said in a statement Tuesday.

Axios

Pfizer begins clinical trial for Omicron-specific COVID vaccine

Omicron's rise has forced vaccine makers to reassess the effectiveness of their vaccines.

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