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Coronavirus rates in Spain have risen, fueled by an increase in infections among young people, as the country hopes to attract tourists to help revive its economy. The rate rose to 204 infections per 100,000 over 14 days, just above levels in Russia, the health ministry said on Monday.
Japanese government under pressure to change course to host Tokyo Olympics behind closed doors as cases of Covid-19 increase. After hitting a low of less than 400 cases per day in mid-June, new diagnoses have climbed to nearly 600 per day, raising fears of an upsurge during the games held from July 23 to August 8.
UK hospital admissions remain low as vaccines weaken the link between infections and hospitalization, Britain’s chief medical adviser has said. “But it’s a weakened link, not a completely severed link,” Patrick Vallance said Monday, adding that the deaths should increase as restrictions are relaxed.
The efficacy of the BioNTech / Pfizer vaccine against infection with the Delta variant of the coronavirus is lower than initially thought, revealed a study. Data suggests the vaccine is 64% effective in stopping infection in those who are fully vaccinated, up from 94% previously, according to Israel’s health ministry.
Emirates leads airlines charge to escape heaviness payment processing fees charged by the credit card industry, after the carrier adopted a competing system developed by Deutsche Bank. Iata estimates that before the pandemic, airlines were paying $ 8 billion a year to process payments to credit card companies.
The Unite union added to calls for the UK government to maintain the requirement to wear masks on public transport, warning that removing the rule would be a “gross negligence”. Boris Johnson, Prime Minister, on Monday unveiled his intention to end mandatory face coverings in England.
Asset manager LGIM said private equity firms should not be allowed to acquire Wm Morrison for ‘the wrong reasons’, such as profiting from the supermarket chain real estate portfolio. Buyout groups have announced at least 12 deals for UK listed companies this year as Brexit and the pandemic weigh on stock prices.
The global chip shortage proved an obstacle to the resumption of car sales in the UK last month, with new registrations still well below pre-pandemic levels. Some 186,128 new cars were sold in June, according to the Society of Motor Manufacturers and Traders, 28 percent more than the same month last year.
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