Money

49 passengers test positive to Covid

Published

3 years ago

April 20, 2021

Passengers on a flight from India to Hong Kong test positive to COVID19.

At least 49 passengers on a flight from New Delhi to Hong Kong have tested positive for COVID-19, authorities said, as the financial hub introduced an emergency ban on all flights from India as it battles a new wave of cases.

All of the passengers who tested positive flew into Hong Kong on a flight run by Indian operator Vistara on Apr 4.

The positive tests are significant as Hong Kong is regularly recording fewer daily cases than the total detected on the flight since it brought a fourth wave under control in January.

Authorities imposed a two-week ban on all flights from India, Pakistan and the Philippines from Monday (Apr 19), categorising the countries as “extremely high risk” after detecting the N501Y mutant Covid-19 strain for the first time.

HONG KONG: At least 49 passengers on a flight from New Delhi to Hong Kong have tested positive for COVID-19, authorities said, as the financial hub introduced an emergency ban on all flights from India as it battles a new wave of caseshttps://t.co/QHjM7DcQlQ
— First Squawk (@FirstSquawk) April 20, 2021

India is battling skyrocketing infections, with hospitals running out of beds and the government forced to reimpose economically painful restrictions.

Its capital New Delhi went into lockdown from Monday night as officials scramble to get surging cases under control.

Hong Kong bans flights from India for 14 days after number of Vistara flight passengers found COVID positive. Flights from Pakistan and Philippines are also banned.
— DeshGujarat (@DeshGujarat) April 19, 2021

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.