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A man walks past a logo of Alphabet Inc’s Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to reuters.com Register Dec 2 (Reuters) – Alphabet Inc’s (GOOGL.O) Google is delaying its return-to-office plan in Europe, the Middle East and Africa on concerns over the Omicron variant of the coronavirus, Business Insider reported on Thursday, citing a company memo. Google had previously extended its voluntary… Source link

One month ago, gas prices—up 50% during the last year—were looking like the bane of Joe Biden’s presidency. Then three things happened: Combined, these developments have shaved oil prices by more than 20% since late October. Gas prices haven’t yet fallen by the same amount, but they most likely will. Gas prices lag oil prices whether going up or down, but only by a few weeks, as the following chart shows. So gas prices should be dropping by the end of the year. There’s already been a… Source link

Oil prices dropped more than 4% before rebounding on Thursday after OPEC+ announced it would continue its supply hike of 400,000 barrels per day per month, despite the threat of Omicron variant cases. Oil analysts had been split on whether the cartel would hold steady with its output hike or pause it amid uncertainty about demand given the threat of the new variant.  West Texas Intermediate (WTI) crude (CL=F) touched $63 a barrel shortly after 9 a.m. ET. By 2 p.m. in the afternoon, future… Source link

Google is finally making its own in-house smartwatch that’s set to launch in 2022, according to a person familiar with the matter and a new report from Insider. While Google has made its own smartphones for years under the Pixel line (which has since extended to other accessories, like wireless headphones), the company has never designed its own smartwatch, despite the fact that Google has had a companion wearable platform for Android since 2014. The watch is being worked on by… Source link

Fresh weakness in Apple’s stock may offer a rare buying opportunity into the iPhone maker, says one money manager.  “We actually like Apple, and we are adding to our position,” said Victoria Fernandez, Crossmark Global Investments chief markets strategist, on Yahoo Finance Live, adding Apple’s fundamentals are “strong.” Traders are taking the other side of that call on Thursday. Apple’s stock fell more than 3% Thursday on a report from Bloomberg that the tech giant was indicating to component… Source link

It was a big day for Polestar in New York City today at the company’s investor day, where it unveiled a number of new initiatives. First and foremost, the company unveiled its 3-year business plan, in which the pure-play electric-vehicle (EV) maker is going to have 5 current and future models out in the global market by 2024. The exclusive Polestar 1 plug-in hybrid and Polestar 2 EV are already out, but Polestar also confirmed the Precept concept will now be called the Polestar 5, a… Source link

The stock market has been hit with a double whammy of unsavory news, explains Charles Schwab Chief Investment Officer Liz Ann Sonders. “I think at this stage in the economic cycle and the market cycle, the move from very loose policy to tighter policy has been a factor in the volatility [we are seeing]. You add that to an environment where we started to see a tremendous amount of speculative froth and then add to that Omicron [concerns], you get the double whammy catalysts that sometimes can… Source link

Supreme Court Police officers guard a barrier between anti-abortion and pro-abortion rights protesters outside the court building, ahead of arguments in the Mississippi abortion rights case Dobbs v. Jackson Women’s Health, in Washington, U.S., December 1, 2021. REUTERS/Jonathan Ernst The Supreme Court seems poised to trigger a political earthquake next year, with a ruling that could restrict or overturn nationwide abortion rights enshrined in the 1973 Roe v. Wade decision. If that happens, as… Source link

As part of efforts to expand the health information it provides, today Google announced a new feature in search that will allow doctors to list which languages they can speak at their offices. People who speak languages other than English often struggle to navigate the healthcare system in the United States and are at risk of bad medical outcomes because they have more trouble communicating with providers. They get better care when they have access to trained interpreters or are seen by… Source link

Belarusian national operator Beltelecom has expanded a joint promotion with Russian internet group Yandex. Subscribers of the operator connecting to the service Yandex.Plus are offered three months subscription free. The monthly plan then costs BYN 5.49. The promotion can be activated until 31 December. Source link