[ad_1]
A third wave of coronavirus cases has hit Africa as the highly contagious Delta variant continues to spread as less than 2% of the continent’s population has been fully vaccinated. “Many countries are always at the highest riskSaid Matshidiso Moeti, regional director of the World Health Organization.
Vietnam is in talks with the United States on start of local production messenger RNA vaccines against Covid-19, the foreign ministry said. Local production of mRNA vaccines could start later this year, a spokesperson said at a press conference, adding that Vietnam could produce 100 to 200 million doses per year.
Barbados cricket match between West Indies and Australia canceled due to positive Covid-19 test on home team staff member will not be reprogrammed until all results are known, West Indies Cricket said. The one-day match was postponed just minutes before it started at Kensington Oval in Bridgetown.
The weak growth of gross domestic product in emerging markets is weighing on sovereign ratings, said Fitch Ratings. The median increase in GDP per capita for 81 emerging countries over the period 2011-2021 is only 10%, against 39% for the United States. Slow growth exacerbates fiscal, social and political risks, the agency said.
German Covid-19 vaccine maker BioNTech says it will donate € 1million to the German Alliance for Disaster Relief after this month’s crisis devastating floods. Some of the worst damage occurred near the company’s headquarters in Mainz and its site in Idar-Oberstein, both located in the state of Rhineland-Palatinate.
BlackRock upgraded Japanese stocks to neutral despite the detection of coronavirus cases at the Tokyo Olympics. Thomas Taw, head of Asia-Pacific investment strategy at BlackRock iShares, said the potential risks associated with coronavirus cases at the Games are a “Temporary headwind” for Japanese stocks.
Hyundai Motor said the global chip shortage was easing as it reported a tripling of operating profit to 1.9 billion won ($ 1.7 billion) in the second quarter compared to a year ago due to strong global sales. “The recovery from the Covid-19 pandemic has boosted automotive demand,” the South Korean automaker said.
Yoshihide Suga, the Japanese Prime Minister, spoke with Albert Bourla, Chairman and CEO of Pfizer, seeking to speed up the delivery of coronavirus vaccine shipments as infections increase in Tokyo, the host city of the Olympic Games. Japan is expected to receive 70 million doses of Pfizer’s jab between July and September.
Source link
