The Latest Breaking News from Omicron

LOS ANGELES — A new surge of coronavirus cases is taking shape, as California slogs into a third pandemic summer with far fewer hospitalizations and deaths but still significant disruptions.

Australian households spent more money eating out and traveling the country over the March quarter, helping the national economy weather disruptions.

A comparison of data shows that the death rate among the vaccinated is far lower than that the unvaccinated, so protecting vulnerable groups must be the priority

The figures show the incredible pressure the system was under before the Omicron wave hit.

Yunji Inc (NASDAQ:YJ) reported a first-quarter FY22 sales decline of 49.3% year-on-year, to RMB342.6 million ($54 million), compared to RMB675.4 million last year. The decrease was primarily due to the negative impact of the outbreaks of the highly-transmissible Delta and Omicron variants of COVID-19 in early 2022 on the company's operations. The repeat…

Huazhu Group Ltd (NASDAQ:HTHT) reported a first-quarter FY22 sales growth of 15.2% year-on-year to $423 million, beating the consensus of $378.25 million. The occupancy rate for all legacy-Huazhu hotels in operation was 59.2%, down 700 basis points Y/Y. Blended RevPAR (revenue per available room) was RMB132 versus RMB138 the previous year. The operating…

With confirmed cases dropping as testing falls away, will the disease continue to remain in the background?

The ASX200 locked in a second straight week of gains closing 0.5 per cent higher at 7182, supported by gains in the materials and financial sectors.

If you are at home with COVID, you might be wondering how long you’re really infectious for. You don’t want to isolate longer than necessary but you also don’t want to risk your friends’ and workmates’ health – or vulnerable strangers for that matter.