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World to spend $157 billion on COVID-19 vaccines through 2025 - report


3 Min Read
FILE PHOTO: A woman holds a small bottle labelled with a Coronavirus COVID-19 Vaccine sticker and a medical syringe in this illustration taken October 30, 2020. REUTERS/Dado Ruvic
(Reuters) - Total global spending on COVID-19 vaccines is projected to reach $157 billion by 2025, driven by mass vaccination programs underway and “booster shots” expected every two years, according to a report by U.S. health data company IQVIA Holdings Inc released on Thursday.
IQVIA, which provides data and analytics for the healthcare industry, said it expects the first wave of COVID-19 vaccinations to reach about 70% of the world’s population by the end of 2022. Booster shots are likely to follow initial vaccinations every two years, the report said, based on current data on the duration of effect of the vaccines. ....

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HK shares rise as financials, consumer stocks gain on earnings boost


Yum China, WH Group gain on strong Q1 earnings
China set to report first population drop since 1949
SHANGHAI, April 28 (Reuters) - Hong Kong shares closed higher on Wednesday, with financials and consumer staples leading gains on the back of strong corporate earnings, while investors await cues on policy from politburo meetings due later this week. At the close of trade, the Hang Seng index was up 129.80 points or 0.45% at 29,071.34. The Hang Seng China Enterprises index rose 0.28% to 11,014.69. The sub-index of the Hang Seng tracking energy shares rose 0.1%, while the IT sector edged up 0.16%, the financial sector ended 0.97% higher and the property sector dipped 0.14%. ....

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Hungary PM blames British COVID-19 variant for rise in cases


By Reuters Staff
2 Min Read
FILE PHOTO: Candles are lit in memory of Hungary s coronavirus disease (COVID-19) victims in Budapest, Hungary, December 21, 2020. REUTERS/Bernadett Szabo
BUDAPEST (Reuters) - Coronavirus infections have started to rise again in Hungary, probably due to the spread of the variant of the disease first detected in Britain, Prime Minister Viktor Orban told state radio on Friday.
However, Orban said there was no need for further lockdown measures to curb the spread, as a planned acceleration of inoculations with Russian and Chinese vaccines could offset the rise in cases in coming weeks.
“If we start inoculations with the Chinese vaccine as well, by Easter we will be able to vaccinate all the (more than 2 million) people who have registered for vaccines,” Orban said. ....

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