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July 27, 2021

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Antibodies from Sinovac’s COVID-19 shot fade after about 6 months, booster helps – study

Reuters
Bottles of the Sinovac vaccine are seen at a hospital, as Indonesia drives mass vaccination for the coronavirus disease (COVID-19), in Jakarta, Indonesia, January 21, 2021. REUTERS/Willy Kurniawan BEIJING, July 27 (Reuters) – Antibodies triggered by Sinovac Biotech’s (SVA.O) COVID-19 vaccine declined below a key threshold from around six months......

U.S.-listed Chinese companies must disclose government interference risks -SEC official

Reuters
Commissioner Allison Lee participates in a U.S Securities and Exchange Commission open meeting to propose changing its decades-old definition of an “accredited investor” in order to allow more Americans to buy shares in private companies, in Washington, U.S., December 18, 2019. REUTERS/Erin Scott/File Photo WASHINGTON, July 26 (Reuters) – Chinese......

Biden, Kadhimi seal agreement to end U.S. combat mission in Iraq

Reuters
WASHINGTON, July 26 (Reuters) – U.S. President Joe Biden and Iraqi Prime Minister Mustafa al-Kadhimi on Monday sealed an agreement formally ending the U.S. combat mission in Iraq by the end of 2021, more than 18 years after U.S. troops were sent to the country. Coupled with Biden’s withdrawal of......

Tesla comes of age at just the right time

Reuters
Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo – RC2ASO93VIEI MELBOURNE, July 26 (Reuters Breakingviews) – Tesla (TSLA.O) has finally joined......

Trump ally Barrack pleads not guilty in UAE lobbying case

Reuters
NEW YORK, July 26 (Reuters) – Former U.S. President Donald Trump’s billionaire ally Thomas Barrack pleaded not guilty on Monday to charges of illegal lobbying for the United Arab Emirates, putting the case on course for a possible trial. Barrack entered his plea to seven criminal counts before U.S. Magistrate......

Tesla beats profit and revenue estimates, delays Semi launch

Reuters
July 26 (Reuters) – Electric carmaker Tesla Inc (TSLA.O) on Monday beat Wall Street expectations for second-quarter profit and revenue as record deliveries offset the impact of a prolonged global shortage of chips and raw materials. Shares of the world’s most valuable automaker were up 1.3% in extended trade. The......

Facebook and tech giants to target attacker manifestos, far-right militias in database

Reuters
July 26 (Reuters) – A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) is significantly expanding the types of extremist content shared between firms in a key database, aiming to crack down on material from white supremacists and far-right militias, the......

U.S. will not lift travel restrictions, citing Delta variant -White House

Reuters
WASHINGTON, July 26 (Reuters) – The United States will not lift any existing travel restrictions “at this point” due to concerns over the highly transmissible COVID-19 Delta variant and the rising number of U.S. coronavirus cases, the White House confirmed on Monday. The decision, which was first reported by Reuters,......

Mixed AstraZeneca-Pfizer shot boosts COVID antibody level – study

Reuters
SEOUL, July 26 (Reuters) – A mixed vaccination of first AstraZeneca (AZN.L) and then a Pfizer (PFE.N) COVID-19 shot boosted neutralizing antibody levels by six times compared with two AstraZeneca doses, a study from South Korea showed. The study involved 499 medical workers – 100 receiving mixed doses, 200 taking......

Insurance brokers Aon, Willis scrap $30 bln merger; slow trial risk

Reuters
An office building with the Aon logo is seen amid the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott July 26 (Reuters) – Aon Plc (AON.N) and Willis Towers Watson Plc on Monday called off a $30 billion......

Shell greenlights Gulf of Mexico ‘Whale’ oilfield project

Reuters
The Royal Dutch Shell logo is seen at a Shell petrol station in London, January 31, 2008. REUTERS/Toby Melville/File Photo Whale field set to produce up to 100,000 boed Field planned to begin production in 2024 First oil project approved since Dutch climate court ruling LONDON, July 26 (Reuters) –......

Ryanair raises passenger forecast as O’Leary targets rapid growth

Reuters
Expects July-Sept traffic at two thirds of pre-pandemic level CEO O’Leary says he sees best growth opportunities in 30 years Loss for April-June quarter less than forecast Shares up 4.1% DUBLIN, July 26 (Reuters) – Ryanair (RYA.I) on Monday raised its forecast for full-year traffic on strong summer bookings, with......

Stocks hit by China clampdown ahead of earnings-packed week

Reuters
European shares fall, Asian stocks at 2021 lows Bitcoin jumps on short covering, Amazon speculation Govt bond yields post sizeable drop Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn Graphic: World FX rates http://tmsnrt.rs/2egbfVh LONDON, July 26 (Reuters) – Stock markets fell on Monday as concerns over tighter regulations in China mounted amid......

With $4 billion in losses, Heathrow tells UK: open up travel

Reuters
LONDON, July 26 (Reuters) – London’s Heathrow Airport urged Britain on Monday to open up travel to vaccinated passengers after its recovery fell behind Europe, pushing its cumulative pandemic losses to $4 billion. Heathrow, which before the pandemic was the busiest airport in Europe, said that fewer than four million......

Extreme weather renews focus on climate change as scientists update forecasts

Reuters
July 26 (Reuters) – As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, especially locally. The list of extremes in just the last few weeks has been......

Oil falls $1/bbl as coronavirus, floods threaten demand

Reuters
U.S. oil rigs rise to highest since April 2020 – Baker Hughes Money managers cut net long U.S. crude futures last week – CFTC SINGAPORE, July 26 (Reuters) – Oil prices fell nearly $1 on Monday as concerns about fuel demand from the spread of COVID-19 variants, as well as......

Chipmaker TSMC says too early to say on Germany expansion

Reuters
The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, Jan. 19, 2021. REUTERS/Ann Wang TAIPEI, July 26 (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) said on Monday that it was too early to say whether it will build factories in Germany......

Australian wealth manager AMP to revamp financial advice model

Reuters
The head office building of AMP Ltd, Australia’s biggest retail wealth manager, is seen in central Sydney, Australia, October 28, 2016. REUTERS/David Gray/File Photo July 26 (Reuters) – Australia’s AMP Ltd (AMP.AX) said on Monday it would move to a new form of financial advice model for clients, marking a......

China’s private education firms brace for hit from new rules, shares tumble

Reuters
People pick up children from a school in Beijing, China, April 6, 2021. REUTERS/Thomas Peter HONG KONG, July 26 (Reuters) – China’s private education firms are bracing for a “material” hit to their operations after Beijing announced new rules barring for-profit tutoring in core school subjects to ease financial pressures......

Australia’s Lynas posts record revenue on robust demand, shares hit 8-year high

Reuters
A truck carrying rare earth travels towards Lynas Corp’s Mount Weld processing plant, northeast of Perth, in Western Australia, August 23, 2019. Picture taken August 23. REUTERS/Melanie Burton Lynas reports record quarterly revenue in Q4 Q4 NdPr production up 79.7% from a year ago Softer prices in qtr due to......

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