Drugmaker Moderna set off fresh alarm bells in financial markets on Tuesday as the firm's chief warned that Covid-19 vaccines are unlikely to be as effective against the Omicron variant as they have been against the Delta version. Crude oil futures shed more than a dollar, the Australian currency hit a year low, and Nikkei gave up its gains as Stéphane Bancel's comments spurred fears that vaccine resistance could lead to more sickness and hospitalisations, prolonging the pandemic.from US News Headlines, Latest USA News, US news live on Times of India https://ift.tt/2ZCYoFp
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