Tue, 21-Oct-2025

Global markets rebound after Omicron turmoil

omicron

LONDON: Global stock markets rebounded on Wednesday and oil prices surged; following Omicron-driven losses and on the eve of a key output meeting of Opec and its allies. The European equities advanced, mirroring most rebounding Asian bourses, as dealers temporarily set aside news of record-high eurozone inflation. Oil surged around 5 per cent, while the … Read more