| | | What you need to know about the coronavirus today |
U.S. holiday travelers defy warnings Millions of Americans appeared to be disregarding public health warnings and traveling ahead of the Thanksgiving holiday. Although fewer in number than last year, people were flocking to airports and highways against the advice of the Centers for Disease Control and Prevention, the U.S. surgeon general and Dr. Anthony Fauci, the nation’s top infectious disease expert. Some 1 million passengers passed through airport security gates on Sunday, the highest number since March. | | | |
England to use testing to shorten quarantine England will introduce a new system on Dec. 15 allowing passengers arriving from high-risk countries to take a COVID-19 test after five days of quarantine and to be released from any further self-isolation if they test negative. Airlines and other companies in the travel and tourism industries had been calling for such a scheme for months, having suffered devastating consequences from a 14-day quarantine rule that has deterred people from traveling. England’s current lockdown bans most international travel but when it ends on Dec. 2 people will be free to go abroad whatever restrictions are imposed in their local area, transport minister Grant Shapps said on Tuesday. Germany to let up to 10 celebrate Christmas together Germany’s 16 federal states plan to allow gatherings of up to 10 people over Christmas and New Year, offering a relaxation of restrictions to let families and friends celebrate together, a draft proposal showed on Tuesday. The premiers of the states are due to discuss their plans with Chancellor Angela Merkel on Wednesday. Berlin mayor Michael Mueller told ARD television he was confident the measures, agreed by the leaders late on Monday, would be adopted. The premiers of two states also said there was broad agreement to extend a national “lockdown light” until Dec. 20, to make family gatherings over Christmas possible. Australia opens up more borders Australia will lift more internal state border restrictions in a boost for tourism as new coronavirus infections slow to a trickle, while the first vaccines could be available in March, a government minister said on Tuesday. Queensland state, a popular holiday destination, will allow visitors next week from the country’s two most populous states, New South Wales (NSW) and Victoria, after closing its borders in August. NSW has since notched a month without any COVID-19 cases where the source is unknown and restrictions on arrivals from Sydney will be eased on Dec. 1, Queensland Premier Annastacia Palaszczuk said. Russia’s vaccine to be cheaper than rivals Russia will charge less for its Sputnik V COVID-19 vaccine than rivals as Moscow aims to produce more than 1 billion doses at home and abroad next year, the head of Russia’s sovereign wealth fund said on Tuesday. Details of the exact pricing are expected later on Tuesday, but Kirill Dmitriev, head of Russia’s RDIF sovereign wealth fund, told Reuters that Sputnik V would be priced significantly lower than other rivals with similar efficacy levels. Track the global spread with our live interactive graphic. | |
Breakingviews - Corona Capital: Airlines, Pets, Ozon, Gloves The pandemic pet craze seems to be running out of steam, and Qantas ties vaccines and flying together. Catch up with the latest financial insights. | |
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| Bitcoin homed in on its all-time high after hitting $19,000 for the first time in nearly three years. The world’s most popular cryptocurrency was last up 3% at $18,918, near its all-time record of $19,666. Bitcoin has gained almost 40% in November alone and is up around 160% this year. 2 min read | |
Airlines are on course to lose a total $157 billion this year and next, their main global body warned, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets. 3 min read | |
Quality is once again Job One at Ford. Taking a page from the automaker’s ad slogan of the 1980s and ‘90s, Ford’s new chief executive, Jim Farley, is aiming to rein in rising warranty repair costs that are a key reason why the Dearborn, Michigan, automaker’s financial performance in North America has lagged that of its archrival, General Motors. 5 min read | |
A bipartisan group of U.S. states plans to file an antitrust lawsuit against Google as early as next month, according to two people briefed on the matter, potentially beating a more widely anticipated lawsuit from a different group of states led by Texas. 3 min read | |
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