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

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending