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EU aims to release virus recovery fund billions by summer

UPDATE 1-EU eyes spending first recovery funds before the end of summer

The European Union hopes to start giving out money from its 750 billion euros coronavirus economic recovery fund before the end of September, the bloc's top officials said on Friday as they finalised approval of the landmark stimulus.

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Astra Shot Boost; Hong Kong May Ease School Limits: Virus Update

California, N.Y. to Open New Stadium Vaccine Sites: Virus Update Bloomberg 2/3/2021 Bloomberg News © Bloomberg People wearing protective masks wait in line to receive a dose of the Moderna Covid-19 vaccine at a walk up vaccination site in San Francisco, California, U.S., on Wednesday, Feb. 3, 2021. (Bloomberg) AstraZeneca Plc and the University of Oxford have started looking at how to re-engineer their coronavirus vaccine to defeat new mutations, saying a tweaked injection could be ready by autumn. GlaxoSmithKline Plc agreed to work with CureVac NV to help boost production of its experimental vaccine and improve the shot to help protect against multiple variants.

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