Travel Curbs Easing: FDA Panel Supports J&J Booster: Virus Update

Low vaccination levels led to daily infections and deaths in Russia and more regions in the country imposed restrictions to slow the spread of the virus. China ordered five airlines to suspend flights after cases were discovered on board. Meanwhile, Hong Kong reported six imported cases. The setbacks come as countries and airlines take their … Read more

Moderna Booster Backed by US Panel; Biden’s plea: virus update

(Bloomberg) — Johnson & Johnson’s Covid Vaccine Booster Got a main recommendation: from advisors to US regulators that the extra shot brings one step closer to approval. The injection approval of Moderna Inc. for adolescents is being postponed by the FDA to assess the risks of myocarditis, Dow Jones reported. Thousands of people in the … Read more

Bali reopening; China’s first local case in a week: virus update

(Bloomberg) — A group of top vaccine experts is meeting on Thursday and Friday to consider whether people taking Moderna Inc.’s Covid-19 vaccines. and Johnson & Johnson should get booster shots. The US Food and Drug Administration will ban Merck & Co.’s Covid-19 pill. send to an advisory committee for review, using a public forum … Read more

Investors scour real estate for stress: Evergrande update

(Bloomberg) — Sharpening liquidity means that: Chinese developers seeking to extend maturities or exchange debt on bond obligations to avoid default amid the China Evergrande Group’s fallout. Modern Land (China) Co. asks for a three-month extension for a dollar bond that matures on Oct. 25, saying in an exchange filing that it wants to “improve … Read more

US urges China to act responsibly in crisis: Evergrande Update

(Bloomberg) — The China Evergrande Group’s dollar bonds fell after people familiar with the matter said some creditors had not yet received repayments on a note they say is guaranteed by the developer. Evergrande’s 2022 bond lost 0.8 cents to 23.5 cents on the dollar, Bloomberg’s compiled prices showed on Thursday. Non-payment of the principal … Read more

BioNTech sees new vaccine need; Japan in conversation: virus update

(Bloomberg) — The Chinese province that was the first epicenter of the Covid-19 outbreak made significant purchases of equipment used to test for infectious diseases months before Beijing notified international authorities of the emergence of a novel coronavirus. Research by a cybersecurity company. A European Union advisory committee approved the use of a third dose … Read more

Stock trading suspended as debt test threatens: Evergrande update

(Bloomberg) — Shares in China Evergrande Group and its property management unit were suspended Monday as a new debt test loomed for the developer, highlighting broader risks that have fueled credit markets. Hopson Development Holdings Ltd., whose shares are also suspended, plans to acquire a 51% stake in Evergrande Property Services Group Ltd. according to … Read more

Progressives pessimistic about infrastructure vote: Congress update

(Bloomberg) — President Joe Biden told Democratic lawmakers during a visit to Capitol Hill that pending a vote in the House, the infrastructure bill will depend on getting a deal on what will be a slimmed-down social spending package. Biden met with the party’s congressional committee as House lawmakers attempted to break a stalemate that … Read more

What’s behind skyrocketing electricity prices in Europe: QuickTake

(Bloomberg) — Europe’s energy ambitions are clear: to move towards a low-carbon future by renewing its electricity generation and distribution systems. But the current situation is an expensive mess. A global supply shortage for natural gas, bottlenecks for sustainable energy and wind speeds in the North Sea under the slowest in 20 years, idling turbines … Read more

Beijing Olympics to allow local fans; Tokyo relaxes: virus update

(Bloomberg) — Public school employees in New York City ask the U.S. Supreme Court to: stop the city’s Covid-19 vaccine mandate, which will be enforced October 1. The state of New York must temporarily allow exemptions of a mandate to vaccinate health workers with religious concerns, a judge ruled. Idaho doctors see a alarming trend … Read more

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