Tesla plans to resume production at its Shanghai plant from April 4 – sources

A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, April 3 (Reuters) – Tesla (TSLA.O) is aiming to resume production at its Shanghai factory from Monday, two sources familiar with the matter said, as it expects … Read more

Fed’s Williams: Pace of rate increases depends on how economy responds

John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, US, November 6, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register PRINCETON, NJ, April 2 (Reuters) – The Federal Reserve needs to move monetary policy towards a more neutral stance, … Read more

WHO suspends UN supply of Bharat Biotech’s Covaxin vaccine for COVID-19

April 2 (Reuters) – The World Health Organization said on Saturday it has suspended supply through United Nations agencies of COVID-19 vaccine Covaxin, produced by India’s Bharat Biotech, to allow the manufacturer to upgrade facilities and address deficiencies found in an inspection. The WHO asked countries that have received the vaccine to take appropriate actions, … Read more

Deliberate infection trial finds COVID symptoms don’t indicate viral shedding

A 3D-printed coronavirus model is seen in front of the words coronavirus disease (Covid-19) on display in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register April 1 (Reuters) – The world’s first “human challenge” trial in which volunteers were deliberately exposed to the coronavirus has … Read more

US authorizes second COVID booster for Americans 50 and older

March 29 (Reuters) – US health officials on Tuesday authorized a second COVID-19 booster dose of the two most commonly used COVID-19 vaccines for people age 50 and older, citing data showing waning immunity and the risks posed by Omicron variants of the virus. The US Food and Drug Administration agency said the new boosters … Read more

Tesla suspends Shanghai factory output for four days on COVID curbs -sources

SHANGHAI, March 28 (Reuters) – US automaker Tesla (TSLA.O) is suspending production at its Shanghai factory for four days after the financial hub said on Sunday it would lock down in two stages to carry out mass testing for COVID 19, two people familiar with the matter said. The company has notified its workers and … Read more

Oil slumps as Shanghai lockdown exacerbates fear of weaker demand

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register Shanghai launches two-stage lockdown as COVID-19 cases surge OPEC+ to meet on Thursday More emergency releases of reserves expected TOKYO, March 28 (Reuters) … Read more

Oil hit by Shanghai shutdown; yen sinks as BOJ challenges the yield tide

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register >Asian stock markets: Oil prices shed over $3 as China lockdowns spread … Read more

A third of US COVID now caused by Omicron BA.2 as overall cases fall

People still wear their masks, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, US, February 8, 2022. REUTERS/David Swanson Register now for FREE unlimited access to Reuters.com Register March 22 (Reuters) – About one-in-three COVID-19 cases in the United States are now caused by the BA.2 Omicron sub-variant of the coronavirus, according to … Read more

Shanghai’s Disney resort shut amid record daily local COVID infections

Staff members wearing face masks stand outside the Shanghai Disneyland theme park as it reopens following a shutdown due to the coronavirus disease (COVID-19) outbreak, at Shanghai Disney Resort in Shanghai, China May 11, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Record daily surge in commercial capital Disney resort closed … Read more