Page 48 - Covid Zero News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Apple Inc.’s Chinese language suppliers are more likely to transfer capability in another country far quicker than many observers

(Bloomberg) — For a sign of how much global trade has slowed, look no further than idled container ships — unused vessel capacity is near the highest level since a spike after the start of the pandemic. But where those idled ships are clustered gives insight into the industry’s bets for a rebound: a large number are positioned near China, waiting for a renewed flow of exports as the world’s second-largest economy recovers from Covid Zero restrictions. “It makes sense to be close to the main export centers, to be in a ready-to-go position,” said Simon Heaney, senior manager...

A spike in flu cases is fueling a shortage of antivirals at Chinese pharmacies, with empty shelves reminiscent of the drug frenzy triggered by the explosive Covid outbreak that accompanied the country’s reopening.  Supplies of the medicine, known by its generic name oseltamivir and sometimes sold as Tamiflu, have appeared to…

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Brent for April settlement eased 0.2% to $83.01 a barrel.