News article in McDonald’s website confirms that after more than 30 years of operations in the country, McDonald’s Corporation...


McDonald’s To Exit from Russia after 30 Years of Service in the Country

The dollar slipped against other major currencies for a third straight day on Tuesday, tempering a long rally as investors cashed out and trimmed bets on U.S...

Stock Markets

Dollar Slipped against other Major Currencies as Focus turns to Growth

Asian shares rise on Tuesday, boosted by technology majors, as hopes expectation grow for an easing of China's regulatory crackdown on...

Stock Markets

Asian Shares Rise on High Expectation of Easing China Tech Crackdown

On Friday, Elon Musk revealed that his $44 billion takeover deal for Twitter Inc. has been put “temporarily on hold”, triggering a share plunge...

Stock Markets

Musk’s $44 Billion Twitter Acquisition Deal ‘on Hold’ Causing Shares to Plunge

His Highness Sheikh Khalifa bin Zayed Al Nahyan, the President of the United Arab Emirates and Ruler of Abu Dhabi, has passed away on Friday, May 13, aged 73...


RIP: UAE’s Sheikh Khalifa Bin Zayed Al Nahyan Passes Away


29 Mar 2022

BA2 Variant Leads COVID-19 Surge in some U.S. States

BA2 Variant Leads COVID-19 Surge in some U.S. States

The Index Today

The BA2 subvariant of the highly infectious Omicron variant of the coronavirus has now gained prominence worldwide, prompting new surges of COVID-19 cases in Europe and in parts of the U.S.

As per the New York Times, certain states in the U.S. including New York, Arkansas, and Connecticut which have witnessed a rise in COVID-19 cases by more than 20%. Average cases in the U.S. for the past week have held above the 30,000-level for the fifth consecutive day. This news comes amid the recent ease in COVID-19 restrictions across the United States. However, the number of hospitalizations and mortality rates in the country have dropped.

In recent days, China has announced a series of lockdowns in affected parts of the region as the country battles its highest surge in COVID-19 cases since the pandemic arrived in March, 2020. On Monday, it placed its largest city and a global commercial hub, Shanghai, on a two-phase lockdown to control the spread of Omicron infections believed to be largely headed by the BA2 subvariant, reported MarketWatch.

©Photo: Angus Mordant/Bloomberg via Getty Images