Equities and oil sank again Tuesday after the head of Moderna warned current coronavirus vaccines might be less effective at fending off the Omicron variant, fuelling fears that countries could be forced back into economically painful lockdowns.
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Watch VideoEconomic powerhouses Japan and France reported their first cases of the omicron variant Tuesday, while new findings..
Watch VideoPresident Joe Biden called the new coronavirus variant omicron a cause for concern but "not a cause for panic" Monday..
Moderna CEO Stephane Bancel told the FT that existing vaccines would struggle with the Omicron variant and warned it would take..