Boeing has received a significant boost as Juneyao Airlines takes delivery of a 787-9 Dreamliner, marking the company's first direct delivery of a passenger aircraft to China since November 2019. For some time, China had not been accepting deliveries of new Boeing jets due to lower demand caused by zero-Covid policies and the subsequent decline in air travel. However, as the … [Read more...] about Boeing Resumes Deliveries to China as Air Travel Rebounds
COVID-19
China’s Economy Grows at Quicker Rate, Hits Annual Growth Target for 2023
China's economy has shown strong growth in the fourth quarter of 2023, allowing the government to reach its target of approximately 5% annual growth for the year. Despite uneven trade data and an ongoing economic recovery, official figures released on Wednesday indicate that the Chinese economy expanded by 5.2% in 2023, surpassing the government's goal. This growth can be … [Read more...] about China’s Economy Grows at Quicker Rate, Hits Annual Growth Target for 2023
Moderna Inc. Sees Stock Rally as Phase 3 Trial Begins
Shares of biotechnology company Moderna Inc. experienced a rare rally on Tuesday, with investors enjoying their first gain in two weeks. This positive movement came after the company announced that the first participant had been dosed in a Phase 3 trial of its combination vaccine candidate against the flu and COVID-19 in the U.S. Adding to the optimistic sentiment, ARK Genomic … [Read more...] about Moderna Inc. Sees Stock Rally as Phase 3 Trial Begins
US Trade with China at its Fastest Rate amid Tensions and Covid Impacts
Source: Bloomberg US-China trade in goods is now at the fastest rate in years, defying long standing tariff wars and Covid-19 pandemic impacts. USDCNY is down -0.03% On a monthly basis, two-way trade between the two countries fell to $19 billion in February 2020, but has rebounded to new records in the past year.Currently, about half of the $259 billion goods from … [Read more...] about US Trade with China at its Fastest Rate amid Tensions and Covid Impacts
Over 29% of London Population Estimated To Have COVID-19 Antibodies
Nearly a third of London residents or 29% are likely to test positive for the antibodies of COVID-19 indicating the rapid spread of the U.K strain of the disease in February, according to a report. Findings of the Office for National Statistics cover the 28 days to Feb. 11, up from one in every five people in the city who tested positive in the January. This is the highest … [Read more...] about Over 29% of London Population Estimated To Have COVID-19 Antibodies
