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The Latest Breaking News from Omicron

S.Korea's daily COVID-19 cases surge as new testing scheme begins

South Korea's daily new coronavirus cases exceeded 13,000 for the first time on Wednesday, driven by the spread of the Omicron variant, as the government launched a new pilot testing scheme to meet skyrocketing demand.

Reuters

Covid cases starting to flatline at high levels, scientists warn

Infections rising among children and ‘might now spill over back’ into adults, keeping case rates high for weeks to come, says expert behind major UK study

The Independent UK

China’s Immunity Gap

The Zero-COVID Strategy Leaves the Country Vulnerable to an Omicron Tsunami

Foreign Affairs

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Queensland records nine COVID-19 deaths, 13,551 new cases, as Gold Coast hospitalisations drop after Omicron peak

There are 889 people in hospital including 47 patients who are in intensive care.

ABC News

US stocks close down as interest rate worries continue to bite, IMF cuts growth outlook

Wall Street indices close lower after a day of choppy trading as interest rate hike concerns and geopolitical tensions worry investors. Inflation and Omicron set to dent global growth.

ABC News

Test & Go a fillip for Thai tourism

Following an improvement in Thai tourism during the festive season in December, the industry faced a rocky start to the New Year due to the rise of Omicron, the highly transmissible Covid-19 variant.

Bangkok Post

Exact day Scotland's work from home guidance ends as Omicron cases fall

Working from home will no longer be the default policy in Scotland within days.

Daily Record

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Pfizer starts Omicron-specific COVID-19 vaccine trial

The trial will involve 1,420 people aged 18-55.

The Hindu

Anthony Fauci says Omicron-specific COVID-19 vaccine may be prudent but not needed, as clinical trials announced

A COVID-19 vaccine specifically targeting the Omicron variant would be "prudent", even if it ultimately may not be needed, the top US infectious disease official says, as Pfizer announces trials for such a vaccine.

ABC News

Mandatory jabs for NHS workers kept under review, says Javid

77,000 NHS staff are yet to be vaccinated.

The Independent UK

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

Here are the latest headlines from Scotland and beyond on Tuesday, January 25.

Daily Record

Covid: Cases of Omicron sub-variant increasing in many countries, warns WHO

Despite ‘more transmissible’ strain, scientists do not appear concerned it will trigger another wave

The Independent UK

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

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Benzinga

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…

Daily Mirror

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

Newsroom.co.nz

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.

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Evening Standard

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.

The Independent UK

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’

Insider UK

Sturgeon relaxes work from home rules

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

Benzinga

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…

The Guardian - UK

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 Independent 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.

Daily Record

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

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

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