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The Latest Breaking News from Omicron

Alibaba Logs Slowest Revenue Growth But Investors See Bright Side

Key Takeaways: Alibaba’s revenue for the January-March quarter increased 8.9% year-on-year, the slowest pace for any quarter since it went public Yet revenue beat analyst expectations, driven by the China commerce and cloud businesses By Tina Yip

Benzinga

Unvaccinated South Africans told us why they weren't interested in having COVID jabs

South Africa is currently facing a new wave of infections related to the much higher transmissibility of the omicron COVID variant and its sub-variants. The most recent spike has had similar characteristics as the fourth wave in January 2022: increases in infections have not been accompanied by similar increases spikes…

The Conversation

Future COVID-19 booster shots will likely need fresh formulations as new coronavirus variants of concern continue to emerge

Being up to date on COVID-19 vaccines means having had three or four doses of the same shot at this point. Current boosters are the same formulations as the first authorized shots, based on the original strain of the coronavirus that emerged in late 2019. They do still protect against…

The Conversation

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COVID-19: 3000 people in hospital every day, low booster rate to blame

More than a third of Australians have not received a booster COVID-19 vaccine. This low rate is linked to hospitalisations.

The New Daily

Omicron sub-variant fuels Portugal's COVID-19 surge

An Omicron sub-variant has fuelled a surge in COVID-19 cases in Portugal that now has the world's second-highest infection rate, potentially threatening the tourism sector's recovery.

Reuters

Why new COVID variants are driving a surprise surge

In its evolutionary fight for survival, the COVID virus is switching strategies: It’s becoming a master at slipping past our immune systems. And that, say experts, is largely why we’re dealing with an unexpected surge.

Tribune News Service

Covid-19 infections in UK at lowest level for eight months

Total infections are down 81% since the peak of the Omicron BA.2 wave.

The Independent UK

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California’s new coronavirus wave is disrupting lives, even with less severe illness

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.

Los Angeles Times

‘Resilient’: Consumers help economy weather Omicron, floods as household outlook sours

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

The New Daily

Four most common long Covid symptoms as record 2million people suffering from it

Around 3.1% of the British population are suffering symptoms persisting for more than four weeks after catching Covid-19.

Daily Record

Two million Britons have long Covid, ONS reveals

Around 3.1% of the British population are suffering symptoms persisting for more than four weeks

Evening Standard

Omicron is outrunning the vaccines designed to fight it

Omicron has substantially evolved, and the latest versions are even more immune resistant.

Axios

Is the Covid pandemic finally nearing its end?

The virus’s behaviour in highly vaccinated countries may offer clues to our future with the disease, says Aris Katzourakis, a professor in viral evolution at Oxford University

The Guardian - UK

Zhang Wenhong: The Unprecedented Omicron Challenge That Hit Shanghai

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

Caixin Global

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The Canberra Times

The figures that show ACT hospitals under strain even before Omicron

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

Benzinga

Yunji Clocks 49% Revenue Decline In Q1

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…

Benzinga

Huazhu Group Stock Gains On Q1 Earnings Beat

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…

The Guardian - UK

As UK Covid cases fall to lowest level for a year, what could the future look like?

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

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The New Daily

Market Wrap: ASX200 set to start the week on a high, while Omicron and floods decelerate growth

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.

The Conversation

Could I still be infectious after COVID isolation? And should I bother wearing a mask once I'm all better?

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.

ABC News

COVID-19 reinfections on the rise across Australia as experts warn Omicron 'has tricks up its sleeve'

Experts are warning that COVID still "has tricks up its sleeve", with reinfections rising and new strains emerging.

The Hindu

Maharashta reports first cases of B.A. sub-lineage of Omicron

All of them had only mild symptoms and were treated at home, an official of the State health department said

Bangkok Post

Hotel segment eases back to normal

Hotels are gradually recovering from pandemic lows, allowing SET-listed companies to post strong performances in the first quarter despite the persistence of the Covid-19 Omicron variant.

ABC News

Modelling predicts Western Australia's COVID-19 cases will keep falling as state enters home stretch of Omicron outbreak

Researchers believe Western Australia is about three-quarters of the way through its Omicron outbreak, with the modelling predicting COVID cases will keep falling, but not return to pre border opening levels until the end of July.

Tribune News Service

Why we need better COVID vaccines this fall

SAN JOSE, Calif. — New research by a team of San Francisco scientists is raising questions about the usefulness of a new omicron-specific COVID vaccine for next fall, as the virus quickly evolves and the risk of illness is likely to soar.

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