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Tag: COVID
Is COVID Vaccine Maker Moderna Poised To Pop Or Drop?
| Getty Images Key Takeaways Moderna’s stock dropped slightly in early November when it released disappointing financial results for the third quarter of 2022. The company had to slash its original fu...
China Plans To Boost Vaccinations Among Seniors As Harsh Zero Covid Strategy Triggers Protests
Topline China’s National Health Commission on Tuesday unveiled plans to improve Covid-19 vaccination rates among the elderly—a cohort that remains highly vulnerable to the virus due to very low uptake...
Venture Capital Firms Are Partnering With Healthcare Organizations To Improve Digital Health
Venture capital (VC) firms are increasingly playing a role in all aspects of healthcare. This is a growing trend globally, as healthcare organizations are eager for the resources, expertise, and capit...
China’s Covid infections drop for the first time in more than a week
Covid control workers disinfect an area in Beijing on Monday, Nov. 28, 2022, where a day earlier locals had gathered to protest stringent Covid measures. Kevin Frayer | Getty Images News | Getty Image...
Protests against Covid controls erupt across China
BEIJING — Rare protests broke out across China over the weekend as groups of people vented their frustration over the zero-Covid policy. The unrest came as infections surged, prompting more local Covi...
China might not make major changes to its Covid policy any time soon
A couple pass necessities over a Covid lockdown barrier in Guangzhou city on Nov. 17, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China won’t likely make major changes t...
Bitcoin, ether track traditional markets lower amid China Covid restrictions, unrest
Bitcoin and ether slipped more than 2% at 8:30 a.m. ET, tracking traditional markets lower, spooked by unrest in China over protests against Covid-19 restrictions. Bitcoin was lower but trading ...
Blockchain Technology May Transform The Future Of Healthcare
Blockchain technology has truly revolutionized the vision for the future of information and data. At the most fundamental level, blockchain technology enables decentralization of data; that is, it all...
Stocks, China Assets Face Rough Open as Covid Unrest Hits Mood
(Bloomberg) — Protests against China’s Covid curbs may cast a shadow on the nation’s assets and broader risk sentiment in global markets as trading resumes after the weekend. Most Read from Bloo...
Protests Breakout In Shanghai, Beijing And Other Cities Over China’s Rigid Zero Covid Policy
Topline Thousands of people took to the streets in parts of Shanghai, Beijing and other cities in China on Sunday to protest the country’s harsh zero-Covid policy—which includes stringent lockdowns an...
Why China’s COVID policies are rattling investors again
Investors in China-related assets who had expected a significant easing of COVID curbs were left disappointed this week as the country battles the worst wave of cases since Shanghai’s outbreak earlier...
J.P. Morgan Is Betting Big On The Future Of Healthcare
J.P. Morgan is a cornerstone financial institution, with investments and interests in all sectors across the globe. With regards to healthcare, the company made headlines just a few years ago for its ...
U.S. Companies In China Worried Covid Surge Will Damage Prospects After Upbeat G20 Meeting
American Chamber of Commerce in Shanghai Chairman Sean Stein Sean Stein U.S. companies in China are worried that a surge in Covid cases in the country will hurt consumer and investment spending right ...
China’s capital city Beijing battles Covid with more apartment lockdowns
Covid restrictions have tightened in Beijing while infections keep soaring, prompting lockdowns of communities. Jade Gao | Afp | Getty Images BEIJING — China’s capital city is grinding to a near...
Mainland China’s total daily Covid cases soar above Shanghai lockdown highs
Only a few vehicles, including one with two health workers, drive through Beijing’s central business district on Nov. 23, 2022, as the area has announced tighter Covid controls. Kevin Frayer | G...
Measles poses threat to kids as vaccinations declined due to Covid
A growing number of children around the world are vulnerable to measles as vaccination rates have declined to the lowest levels since 2008, global health leaders warned on Wednesday. The Covid-19 pand...
Apple Shares Dip In Premarket Amid Covid Protest At China’s Biggest iPhone Factory
Topline Violent clashes broke out between security personnel and workers at China’s largest iPhone factory protesting delayed bonus payments and poor living conditions caused by stringent pandemic rul...
China may have ‘passed the point of no return’ as Covid infections soar
Beijing’s business district lay nearly empty during rush hour on Nov. 22, 2022, after local authorities asked people to work from home, among many measures targeted at controlling the latest Cov...
Stocks rise against backdrop of Fed comments, China COVID surge
U.S. stocks moved sharply higher Tuesday, with gains accelerating into the final hour of trading after a mostly uneventful pre-Thanksgiving session. The S&P 500 (^GSPC) and technology-heavy Nasdaq...
Fauci to cooperate with House Republican into Covid origins
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks about the coronavirus during the White House press briefing on Tuesday, November 22, 2022. Tom Williams...
Baidu Beats Revenue Expectations Despite Continued Covid Worries
Baidu on Tuesday became the latest Chinese technology company to report a return to annual growth, as it beat expectations for its third-quarter revenue. Baidu (ticker: BIDU)—often referred to as Chi...
Goldman Sachs Provides Lower Oil Forecast on Fresh China Covid Outbreaks & ‘Hazy’ G-7 Russia Oil Price Cap
Goldman Sachs says that it cut its oil forecast by $10 due to some macroeconomic factors regarding China and Russia. Goldman Sachs recently cut back on its oil forecast for the fourth quarter of 2022 ...
China Equities Lower As Dynamic Zero COVID Is Tested
China Last Night KraneShares Key News Asian equities were mixed overnight as China markets lagged the rest of the continent as an area near Beijing was shut down partially. China’s dynamic COVID polic...
Oil Sinks as China’s Struggle With Covid Blights Demand Outlook
(Bloomberg) — Oil sank again following the biggest weekly decline since August as China tightened anti-Covid curbs, hurting the outlook for demand. Most Read from Bloomberg Global benchmark Bren...
Oil futures fall 10% for week as China’s COVID worries darken demand picture
Oil futures logged their second straight weekly declines, pressured as a resurgence of COVID-19 worries clouded the energy demand picture, and broader markets kept eyes on a hawkish Federal Reserve. U...
Alibaba Misses Q2 2023 Revenue Expectations with Slow Spending and Covid Restrictions
China experienced abnormal logistics and delivery services due to COVID-19 protocols which led to major drop in sales for Alibaba last quarter. On Thursday, November 17, Chinese e-commerce giant Aliba...
Dow Jones Dives Nearly 500 Points On China Covid Protests, Fed Official Comments
Dow Jones futures were higher ahead of Tuesday’s open after the Dow Jones Industrial Average sold off nearly 500 points Monday. Investors will soon shift their attention to Fed Chair Jerome Powe...