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19 Jan 2022 7:52
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  •   Home > News > Business

    The new Covid-19 variant has rattled global markets

    The new Covid-19 variant has rattled global markets


    Despite only a handful of cases being reported so far, stocks fell in the United States, Europe and Asia...and oil prices plunged more than 10 percent.

    Shares in airlines and travel firms were among the hardest hit.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     18 Jan: A number of factors are driving petrol prices upwards
     18 Jan: Kiwi businesses are feeling the squeeze, as prices rise and staff become harder to get
     18 Jan: Westpac is warning Kiwis about a sophisticated scam involving a fake bank investment prospectus
     18 Jan: New Zealanders should brace for petrol prices possibly topping three dollars this year
     18 Jan: Business confidence and demand has fallen as Covid-19 drags on, but the capital seems to be in its own bubble
     18 Jan: Getting a home has been getting a lot more expensive
     18 Jan: Wellingtonians are being urged to look at new housing data with a grain of salt
     Top Stories

    RUGBY RUGBY
    There's no shortage of competition in the Tyson Fury camp in England More...


    BUSINESS BUSINESS
    A number of factors are driving petrol prices upwards More...



     Today's News

    Environment:
    The hot, dry summer is set to continue -- with significant rainfall expected for the coming weeks 7:42

    Environment:
    It's a tale of two islands this week when it comes to the weather 7:42

    Netball:
    The Silver Ferns are tracking towards a maiden Quad Series netball win in London 7:32

    Entertainment:
    Kim Kardashian West has been "upset" by Kanye West's comments in his Hollywood Unlocked interview 7:16

    Politics:
    From the city bar, to the council boardroom 7:12

    International:
    Death toll rises to three as Tongan authorities release first statement following eruption 7:12

    Entertainment:
    Alec Baldwin's phone has finally been handed over to police 6:46

    Entertainment:
    Novak Djokovic is "extremely disappointed" after losing another bid to stay in Australia 6:16

    Cricket:
    The New Zealand limited overs cricket tour of Australia remains a work-in-progress 5:22

    Law and Order:
    Brian Tamaki is launching a legal challenge, from behind bars at Auckland's Mount Eden Prison 4:32


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