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January 28, 2022

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EU drug regulator OKs Pfizer COVID pill for high-risk patients

Reuters
Jan 27 (Reuters) – The European Union’s drug regulator on Thursday gave the green light to Pfizer Inc’s (PFE.N) antiviral COVID-19 pill for treating adults at risk of severe illness, as the region scrambles to boost its arsenal to fight the Omicron variant. The endorsement by the European Medicines Agency......

As Omicron ebbs, England revives Plan A: living with COVID

Reuters
Plan B COVID-19 measures expire in England on Thursday Beleaguered PM Johnson bets on boosters and antivirals Omicron’s lower severity and boosters improved outcomes in Jan But experts say endemic COVID may still be common and deadly LONDON, Jan 27 (Reuters) – After an uncomfortable but relatively brief return to......

Rising costs, pandemic curbs take a bite out of McDonald’s profit

Reuters
Customers are seen at a McDonald’s fast food restaurant in Tokyo, Japan, September 26, 2017. REUTERS/Kim Kyung-Hoon/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – McDonald’s Corp (MCD.N) missed revenue and profit expectations on Thursday, as higher costs and dismal sales in its......

Expats head for the exit as ‘easy’ Singapore’s COVID controls bite

Reuters
SINGAPORE, Jan 27 (Reuters) – Atar Sandler arrived in Singapore in 2019, seizing the opportunity to live in a buzzing global city that is also a convenient base to jet off to more exotic locales nearby. But after two years of mask-wearing, socialising in small groups and travel restrictions to......

Fed says U.S. interest rates could rise ‘soon’

Reuters
Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen as a trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 15, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Central bank......

Hong Kong risks exodus over extended COVID isolation, Euro chamber says

Reuters
Hong Kong skyline is pictured from Victoria Peak in Hong Kong, China January 2, 2020. REUTERS/Navesh Chitrakar Register now for FREE unlimited access to Reuters.com Register HK reopening seen delayed until China rolls out mRNA vaccine High costs include exodus of international residents Appeal as global business hub seen fading......

Wizz Air warns of more losses before recovery takes off

Reuters
A Wizz Air Airbus A320 from Sofia, Bulgaria taxis to a gate after landing at Luton Airport after Wizz Air resumed flights today on some routes, following the outbreak of the coronavirus disease (COVID-19), Luton, Britain, May 1, 2020. REUTERS/Andrew Boyers/File Photo Register now for FREE unlimited access to Reuters.com......

Cannabis compound CBD stops coronavirus in test tube, but can it treat COVID?

Reuters
Jan 25 (Reuters) – Early research suggesting that a popular non-psychoactive compound derived from marijuana might help prevent or treat COVID-19 warrants further investigation in rigorous clinical trials, researchers say. Several recent laboratory studies of cannabidiol, or CBD, have shown promising results, attracting media attention. However, many other potential COVID......

Exclusive: U.S. funding to WHO fell by 25% during pandemic

Reuters
The World Health Organization logo is pictured at the entrance of the WHO building, in Geneva, Switzerland, December 20, 2021. REUTERS/Denis Balibouse Register now for FREE unlimited access to Reuters.com Register U.S. contributions fell by over 200 mln in last biennium Germany replaced U.S. as top funder of WHO last......

Gold scales over 2-month peak as Ukraine worries dent risk appetite

Reuters
Dollar hits two-week highs Risk appetite hurt by Russia-Ukraine worries Jan 26 (Reuters) – Gold hit a more than two-month high on Tuesday as geopolitical concerns over Ukraine pushed investors toward safe havens including bullion, ahead of the U.S. Federal Reserve’s meet that could offer cues on its monetary policy......

AmEx allays fears of Omicron hit with record card spending levels

Reuters
A smartphone with the American Express logo is placed near a toy shopping cart in this illustration photo taken July 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register Jan 25 (Reuters) – American Express Co’s (AXP.N) quarterly profit beat market......

J&J expects COVID vaccine sales to jump as much as 46% in 2022

Reuters
People pose with syringe with needle in front of displayed Johnson & Johnson logo in this illustration taken, December 11, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Jan 25 (Reuters) – Johnson & Johnson (JNJ.N) on Tuesday forecast as much as $3.5 billion in sales......

Face time: ‘Solemn’ Hong Kong leader ditches mask to show how she feels about COVID

Reuters
HONG KONG, Jan 25 (Reuters) – Hong Kong leader Carrie Lam on Tuesday defended herself against criticism for not wearing a mask at newsconferences, saying it was so people could see how “solemn” she was when talking about the coronavirus. The Chinese-ruled city reported 124 new infections on Tuesday, in......

Britain says 6,000 more people needed for trial of Merck COVID pill

Reuters
An experimental COVID-19 treatment pill, called molnupiravir and being developed by Merck & Co Inc and Ridgeback Biotherapeutics LP, is seen in this undated handout photo released by Merck & Co Inc and obtained by Reuters on October 26, 2021. Merck & Co Inc/Handout via REUTERS Register now for FREE......

U.S. FDA limits use of Regeneron, Lilly COVID-19 antibody treatments

Reuters
Jan 24 (Reuters) – The U.S. health regulator revised on Monday the emergency use authorizations for COVID-19 antibody treatments from Regeneron (REGN.O) and Eli Lilly (LLY.N) to limit their use, as the drugs are unlikely to work against the Omicron coronavirus variant. The Food and Drug Administration (FDA) said the......

Walmart’s Mexico unit considering ‘strategic alternatives’ in Central America

Reuters
Men walk past the logo of Walmart outside a store in Monterrey, Mexico February 12, 2018. REUTERS/Daniel Becerril/File Photo Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Jan 24 (Reuters) – Walmart’s Mexico unit is considering “strategic alternatives” to its operations in Central America, including a sale......

Sinovac regimen gets strong boost from Pfizer, AstraZeneca or J&J COVID shots – study

Reuters
Vials of Chinese Sinovac’s CoronaVac vaccine against coronavirus disease (COVID-19) pictured inside the newly inaugurated production lab designated to manufacture the vaccine, in Constantine, Algeria September 29, 2021. REUTERS/Ramzi Boudina Register now for FREE unlimited access to Reuters.com Register Jan 24 (Reuters) – A third booster dose of a COVID-19......

Do not assume COVID pandemic reaching ‘end game’, warns WHO

Reuters
Tedros warns against lurching between ‘panic and neglect’ Pandemic in third year, with nearly 6 million dead More variants likely to follow Omicron, WHO warns GENEVA, Jan 24 (Reuters) – The head of the World Health Organization (WHO) warned on Monday that it was dangerous to assume the Omicron variant......

Assailed by scandal, UK’s Johnson fights for his job

Reuters
Johnson fights to defend premiership Johnson faces claims of anti-Muslim discrimination Police have given evidence to lockdown party probe Cummings to speak to investigation LONDON, Jan 24 (Reuters) – British Prime Minister Boris Johnson was fighting to shore up his premiership on Monday as he faced the publication later this......

Cathay Pacific to burn cash as crew quarantine rules bite

Reuters
Generated positive cashflow in H2 amid strong cargo demand Tighter crew quarantine rules will see it resume cash burn Operating 2% of pre-pandemic passenger capacity in Jan Jan 24 (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd said on Monday that it expected to resume burning cash because of stricter......

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