FRANKFURT, Dec 10 ― European shares ended lower yesterday, pressured by Covid-19 worries with highly valued technology stocks continuing their slide while falling oil prices weighed on energy companies.
Oil prices slipped as a ratings downgrade for two Chinese property developers stoked fears over the economic health of the world's biggest oil importer, adding to worries. Next week, the European Central Bank is seen maintaining its transitory inflation stance, strategists at Rabobank said. Fashion retailer LPP jumped 14.7 per cent hitting an all-time high after the Polish clothing company reported better-than-expected third-quarter results.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ringgit ends higher against US dollar as worries over omicron ease | Malay MailKUALA LUMPUR, Dec 8 — The ringgit strengthened against the US dollar at the close today on renewed buying interest as concerns over the Omicron variant receded somewhat, said a trader. The current assessment is that Omicron may not be as severe as other variants, said Bank Islam Malaysia Bhd...
Source: malaymail - 🏆 1. / 86 Read more »
Covid-19: BioNTech, Pfizer vaccine neutralises Omicron with three shots | Malay MailLONDON, Dec 8 — BioNTech and Pfizer said today a three-shot course of their Covid-19 vaccine was able to neutralise the new Omicron variant in a laboratory test and they could deliver an Omicron-based vaccine in March 2022 if needed. In the first official statement from vaccine manufacturers on... No it doesn't. After omicron...... another variant..another few booster shots
Source: malaymail - 🏆 1. / 86 Read more »
EU watchdog says Omicron ‘mostly mild’ as WHO warns on vaccine hoarding | Malay MailTHE HAGUE, Dec 10 — The EU medicines watchdog said Thursday the Omicron variant of Covid-19 may cause milder disease, as the World Health Organization warned against a re-run of vaccine hoarding by rich nations as the new strain spreads. The tentative judgement from the European Medicines Agency...
Source: malaymail - 🏆 1. / 86 Read more »
Ringgit opens higher against US dollar as uncertainties over Omicron dissipate | Malay MailKUALA LUMPUR, Dec 8 — The ringgit strengthened against the US dollar at the opening on Wednesday for some uncertainty over the pandemic has begun to dissipate as scientists have started to have a better understanding of the Omicron variant. At 9am, the local note rose to...
Source: malaymail - 🏆 1. / 86 Read more »
US Covid-19 boosters surge to all-time high on Omicron fears | Malay MailWASHINGTON, Dec 8 — Americans are lining up for booster doses of Covid-19 vaccines at a record pace, with concerns about the newly-detected Omicron coronavirus variant spurring millions to get shots, the US government said yesterday. Just under a million people a day received booster doses of one...
Source: malaymail - 🏆 1. / 86 Read more »
European stocks steady at open after surge | Malay MailLONDON, Dec 8 — Europe’s top stock markets steadied at the open today after surging the previous session on easing concerns over financial fallout from coronavirus variant Omicron. London’s benchmark FTSE 100 index gained 0.2 per cent to 7,350.56 points. In the eurozone, Frankfurt’s DAX...
Source: malaymail - 🏆 1. / 86 Read more »