surge

Covid: China CDC shares genomic data with WHO, says 2 variants driving the surge

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China’s CDC (Center for Disease Control) has shared Covid genomic data with the WHO, the global health organisation said on Wednesday. For locally-acquired infections, it said, data presented were based on more than 2000 genomes collected and sequenced from 1 December 2022. The WHO said that the China CDC analysis showed a predominance of Omicron lineages … Read more

Alibaba, Chinese tech stocks surge as Beijing boosts Ant Group (NYSE:BABA)

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Toa55/iStock via Getty Images Chinese tech stocks flexed their muscles on Wednesday amid signs that Beijing is loosening up a bit on some of its tight regulatory controls over tech companies, in particular. Investors rallied behind the likes of JD.com (NASDAQ:JD), Tencent Holdings (OTCPK:TCEHY) and Alibaba (NYSE:BABA) after Chinese regulators approved a capital expansion plan … Read more

WHO says China data underrepresents COVID surge and deaths

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Breadcrumb Trail Links PMN Business Author of the article: Reuters Jennifer Rigby and Gabrielle Tétrault-Farber Published Jan 04, 2023  •  3 minute read Join the conversation Article content GENEVA — China’s COVID-19 data is not giving an accurate picture of the situation there and underrepresents the number of hospitalisations and deaths from the disease, a … Read more

WHO: China COVID data underrepresents surge, deaths

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Patients lie on beds and stretchers in a hallway in the emergency department of a hospital, amid the coronavirus disease (COVID-19) outbreak in Shanghai, China January 4, 2023. | Photo Credit: REUTERS China’s COVID-19 data is not giving an accurate picture of the situation there and underrepresents the number of hospitalisations and deaths from the … Read more

Alibaba, other China ADRs surge as Ant Group capital plan approval fuels hope for relaxing scrutiny

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Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Chinese tech stocks that trade in the U.S. jumped … Read more

Falling French inflation sparks hope of end to Europe’s price surge

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Lower energy prices helped push inflation down in France, as European stocks rose on growing expectations that inflation has peaked across the region. French inflation fell to 6.7 per cent in the year to December, against economists’ expectations of a slight rise following the 7.1 per cent figure recorded for November. European stocks built on … Read more

Travel abroad set for 2023 surge as Americans eye Asia, Europe trips

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Mt. Fuji, Japan. Jirawat Plekhongthu / Eyeem | Eyeem | Getty Images Americans are poised to travel overseas in a big way in 2023. Households are continuing to unleash two or three years’ worth of pent-up demand as Covid-19 fears wane and the last vestiges of pandemic-era border restrictions have eased. The U.S. dollar also … Read more

Surge in colds and flu boosts medicine sales

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A resurgence of colds and flu has combined with Covid-19 to boost sales of over-the-counter medicines, providing a boost for consumer health groups that produce remedies for coughing and sneezing populations. “We’ve seen a strong and prolonged cold and flu season this year, which has been widespread,” said Tobias Hestler, chief financial officer at Haleon, … Read more