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Theranos' Holmes cross-examined over relationship with partner

Holmes, 37, testified on Monday that the decade-long relationship had a pervasive impact on her life during the time when prosecutors say she committed fraud

US energy chief says oil reserve is a tool to meet short-term supply crunch

The US emergency oil reserve is a tool available to Washington to address unusual short-term mismatches between oil supply and demand, Energy Secretary Jennifer Granholm said

After leaving Twitter, Jack Dorsey focuses on Square Inc, bitcoin

"If I weren't at Square or Twitter, I'd be working on bitcoin," Jack Dorsey had said at a packed Miami conference in June

China's property woes worsen as home prices slip in November survey

China's property market woes worsened in November, with prices for both new and resale homes falling amid weaker demand in bigger cities, a survey showed

Indian stocks unlikely to recoup recent losses, correction likely: Poll

Buoyed by easy monetary policy, a gradual re-opening of the economy and a rapid vaccination drive, the benchmark BSE Sensex Index has rallied nearly 20% year-to-date

Asian factories shake off supply headaches but Omicron presents new risks

The newly detected Omicron coronavirus variant has emerged as a fresh worry for the region's policymakers, who are already grappling with the challenge of steering their economies out of the doldrums

Former PM Abe says Japan, US could not stand by if China attacked Taiwan

Tensions over Chinese-claimed Taiwan have risen as President Xi Jinping seeks to assert his country's sovereignty claims against the democratically ruled island

Air travelers to US set to face tougher Covid-19 testing amid Omicron scare

Currently, vaccinated international air travelers can present a negative test result obtained within three days from their point of departure

US oil prices slump over 5% on Covid-19 vaccine efficacy worries

The head of drugmaker Moderna Inc told the Financial Times that Covid-19 vaccines are unlikely to be as effective against the Omicron variant of the coronavirus

US FDA panel narrowly backs Covid-19 pill, world's first at-home treatment

Permission for Merck & Co's antiviral treatment would likely be limited to patients at high risk of developing severe disease, although the exact population would be defined by the agency.

Officials offer vaccine reassurance; WHO advises against travel bans

The questions over vaccine effectiveness came as cases of the new variant spread, with the first reported case in Latin America emerging in Brazil

Oil slumps on Omicron fears; posts biggest monthly fall in 20 months

Crude futures ended November with their biggest monthly declines since the outset of the pandemic

Stocks, oil slide as Omicron worries push investors to safe havens

Global stock benchmarks and oil prices fell sharply after drugmaker Moderna warned that existing vaccines are unlikely to be as effective against the new coronavirus variant

OPEC+ begins two days of talks amid oil rout, fears for Omicron variant

Oil prices fell to near $70 a barrel on Tuesday from as high as $86 in October.

S Korea factory activity grows for 14th month but output, orders shrink

Output continued to shrink on shortages of materials, notably in the semiconductors market.

Japan's factory activity expands at fastest pace in nearly four years

Cost pressures remained an issue as materials shortages and delivery delays caused input prices to surge the most in 13 years.

Firms give vaccine reassurance for Omicron; WHO advises against travel bans

News of Omicron's emergence wiped roughly $2 trillion off global stocks on Friday, after it was first identified in southern Africa and announced on Nov. 25.

Wall Street ends lower as taper acceleration worries pile onto virus angst

The Dow Jones Industrial Average fell 652.22 points, or 1.86%, to 34,483.72

WHO warns against blanket travel bans over Omicron coronavirus variant

Blanket travel bans will not prevent the international spread, and they place a heavy burden on lives and livelihoods, it said

US eyes January rollout of first projects to counter China's Belt and Road

A US delegation led by President Joe Biden's deputy national security adviser, Daleep Singh, identified at least 10 promising projects in Senegal and Ghana