Global coronavirus cases are continuing to rise globally, but it's worth noting that deaths are far more subdued at this point.

Scomo threatens to end month-long wharfie dispute and introduce legislation to soften power of the Maritime Union, doctors warn Omicron still poses a real threat, Coalition targeted in the Senate of national cabinet papers, and MORE.

WHO labels Omicron a high global risk, Twitter founder and CEO Jack Dorsey to focus on crypto, Xi Jinping pledges a further one billion covid vaccines to Africa, and MORE.

Markets to be heavily impacted today with spread of the Omicron variant, Christmas shoppers urged to get in early and avoid supply chain shock, Black Friday tops Boxing Day sales for first time ever in Australia, and MORE.

Modelling shows Australia could face dire sovereign debt consequences from lagging net zero targets, investors bearish over Covid outbreak in Europe, Harvey Norman hopes to claw back profits in Christmas sales, and MORE.

Federal Reserve set to raise interest rates, OPEC+ criticised for artificial tightening of oil supply, Elon Musk sells additional Tesla stock, and MORE.

Apple sues Israeli company for leaking data to government agencies, Josh Frydenberg announces share scheme overhaul in favour of employees, Nasa blast spacecraft into a pair of asteroids, and MORE.

President Biden reappoints Jerome Powell as Federal Reserve Chair, Australian Senate at standstill as two Coalition senators boycott legislation, OPEC+ issues warning to nations planning to release oil reserves, and MORE.

ANZ predicts Australia has hit peak house prices with a solid buying opportunity in 2023, Morrison government locks horns with the RBA over validity of cryptocurrencies, Austria cops 20-day lockdown amid new covid outbreak in Europe, and MORE.

Chinese diplomat suggests Australia jeopardising its peace-loving image over AUKUS deal, RBA warns retail crypto investors over assets lacking use case, global market anticipates election of new Federal Reserve Chair, and MORE.

Australian wages are starting to climb in anticipation of RBA raising rates, Apple sets its sights on fitness bike company Peleton, CBA's share price tanks, and MORE.

Geopolitical progress from long-winded Biden-Xi virtual summit? Pfizer seeks emergency approval to fast-track Covid pill in the US, crypto market takes a sizeable pullback, and MORE.