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U.K. Reopening Doubts; U.S. Hits 300 Million Doses: Virus Update - Yahoo Finance

(Bloomberg) --

The U.S. passed the milestone of administering more than 300 million Covid-19 vaccine doses. New cases and deaths continue to plunge and are back to the levels just after U.S. states began imposing restrictions in March 2020.

The U.K. could start vaccinating children as soon as August, the Telegraph reported, with Health Secretary Matt Hancock warning that children make up a “huge proportion” of the latest cases. Separately, Hancock told Sky News that it’s too early to say whether a planned easing of coronavirus restrictions on June 21 can go ahead.

Officials from the Asia-Pacific Economic Cooperation said they would work to expedite the distribution and flow of coronavirus vaccines and other essential medical supplies between economies. Singapore canceled its Formula One race for a second year because of the pandemic.

Key Developments:

Global Tracker: Cases exceed 172.7 million; deaths pass 3.7 millionVaccine Tracker: More than 2.09 billion doses administeredBribing people to get vaccinated just might be working in the U.S.Why the mutated coronavirus variants are so worrisome: QuickTake‘Covid zero’ risks being ‘Covid limbo’ amid slow vaccine uptakeIs Covid still a threat in a vaccinated world?

U.S. Administers 1.1 Million Daily Shots (7:35 a.m. NY)

About 1.15 million doses of vaccine were administered in the U.S. on Saturday as the total rose to more than 300 million. Vaccinations have declined since peaking in mid-April and 51% of people in the U.S. have received at least one dose, according to the Bloomberg Vaccine Tracker. President Joe Biden has set a goal of 70% by July 4.

Another 376 deaths linked to Covid-19 were reported on Saturday, in line with recent numbers. Almost 580,000 people in the U.S. have died since the pandemic began in early 2020. The nation added 14,089 new cases, according to data compiled by Johns Hopkins University and Bloomberg.

S. Africa Mulls Buying 5 Million Sputnik Doses (6:19 a.m. NY)

South Africa may have to pay 680 million rand ($51 million) to access 5 million doses of Sputnik V from Russia, just months after the health regulator turned down a donation of 15 million doses on fears about how people with HIV/Aids would react to the vaccine, City Press reported.

Iran Cases Slow (6:16 a.m. NY)

Iran reported 5,612 new coronavirus cases on Sunday, its lowest daily infection count since Dec. 27, the country’s Health Ministry said, adding that 122 people had died from the disease overnight, the lowest number since April 3.

Not Enough Russian Vaccinated Yet (4:32 p.m. HK)

Russia registered 9,163 new Covid-19 infections in the past day, little changed from a day earlier, according to data from the government’s coronavirus monitoring center. The illness resulted in 351 deaths, down from 399 the previous day, the data showed.

While the country is making progress, not enough Russians have been vaccinated yet, Health Minister Mikhail Murashko told state news agency RIA Novosti on Saturday. “The number of people with Covid immunity in Russia isn’t bad, but it’s still not enough for elimination. Our goal is elimination,” he was cited as saying.

Hancock: ‘Too Early’ to Make Call on U.K. Easing (4:23 p.m. HK)

U.K. Health Secretary Matt Hancock said it’s too early to say whether a planned easing of coronavirus restrictions on June 21 can go ahead, as ministers continue to weigh the threat of a potential fresh wave of the pandemic.

“We’ll be looking at all of the data over the next week,” Hancock said on Sky News on Sunday. “We are not saying no to the 21st of June at this point.”

German Cases Slow (4:17 p.m. HK)

Germany reported 2,249 cases on Sunday, down from 2,993 the day before. The total number of infections in the country since the start of the pandemic exceeds 3.7 million. The number of Covid-related deaths reached 89,228.

Bangladesh Approves Sinovac for Emergency Use (4:10 p.m. HK)

Bangladesh has authorized the emergency use of the Sinovac Covid-19 vaccine, the fifth approval by the drug regulator in the South Asian nation.

U.K. to Donate More Than 100 Million Vaccines: Sunday Times (3:02 p.m. HK)

The U.K. is set to donate more than 100 million Covid jabs to developing countries, the Sunday Times reported, without saying where it got the information.

Prime Minister Boris Johnson will pledge a donation of more than 2 billion pounds ($2.8 billion) of shots at a summit of leaders of the Group of Seven nations starting Friday -- and promise more next year, it said.

Senegal Could Produce Shots From Next Year: Reuters (2:07 p.m. HK)

Senegal could begin producing Covid vaccines next year under an agreement with Belgian biotech group Univercells, Reuters reported, citing people involved in funding the project.

Under an agreement, the Institut Pasteur de Dakar would use vaccine production technology developed by the Belgian firm to supply shots across West Africa, Reuters reported. Univercells announced the signing of a letter of intent for collaboration in Senegal’s capital in April.

The institute would begin packaging and distributing vaccines produced by Univercells in Belgium early next year, Reuters said.

APEC Ministers to Facilitate Vaccine Distribution, Flow (1 p.m. HK)

Asia-Pacific ministers responsible for trade in the region said they would work to expedite the distribution and flow of inoculations and other essential medical supplies between economies.

Officials from the Asia-Pacific Economic Cooperation, which includes the U.S., China and Japan, said they would “consider removing unnecessary barriers to trade in services, particularly those services that expedite and facilitate the flow of essential goods,” according to a weekend statement.

Vietnam Premier Tells Provinces to Ease Measures (1 p.m. HK)

Prime Minister Pham Minh Chinh this weekend told local governments to ease overly strict Covid measures that affect production and business activity -- and keep the country from dual aims of fighting the virus and developing the economy.

Vietnam is currently battling its worst outbreak. Centers including Hanoi and Ho Chi Minh City have put social-distancing restrictions in place to curtail the spread while others have imposed controls on returnees from affected areas, Chinh said in a statement.

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IHH Healthcare to Apply to Give Sinovac Jabs: Straits Times (11 a.m. HK)

IHH Healthcare Singapore will apply to provide Sinovac Biotech Ltd. vaccines at Parkway Shenton clinics and selected hospitals in the country, the Straits Times reported, citing CEO Noel Yeo.

The medical services provider will offer the vaccine to Singapore citizens and residents, especially those who are unsuitable to receive Pfizer Inc-BioNTech SE and Moderna Inc. shots, the report said. It didn’t provide more details, such as how much it would cost to get the jab and how to register.

The Ministry of Health said last week it would allow Sinovac to be administered by private healthcare providers as part of a program that permits the use of unregistered Covid jabs. Sinovac which was approved by the World Health Organization, is not part of the national program.

Malaysia to Invite 3,000 People to Clinical Trials (10 a.m. HK)

Malaysia’s health ministry said it will invite 3,000 people to participate in clinical trials for a new Covid-19 vaccine made by Shenzhen Kangtai Biological Products Co.

The Southeast Asian nation is among other countries -- including Colombia, Argentina, Pakistan, the Philippines and Ukraine -- taking part in the clinical studies, it said in a statement. It added that the studies involve the SARS-CoV-2 Vaccine (Vero Cell), Inactivated, which was approved by China for emergency use on May 14.

Philippines Needs $524 Million More for Vaccines: Report (9:46 a.m. HK)

The Philippine government plans to spend an additional 25 billion pesos ($524 million) to buy Covid-19 shots, the Philippine Star reported Sunday, citing Budget Secretary Wendel Avisado. The Southeast Asian country has budgeted 82.5 billion pesos this year for its Covid-19 vaccination program.

The Philippines also received an additional 1 million doses from China’s Sinovac Biotech Ltd. on Sunday, GMA News reported.

U.K. Could Start Shots for Kids in Aug.: Telegraph (8:54 a.m. HK)

Coronavirus vaccines could be rolled out to children in the U.K. from as early as August, The Telegraph newspaper reported, citing people familiar with the plan.

Under current modeling, the U.K. would be ready to start vaccinating 12-to 15-year-olds by the second half of August, or early September at the latest, a government source told the paper. Ministers are awaiting advice from the Joint Committee on Vaccination and Immunisation before making a final decision, it said.

Two More Cases in Australia’s Victoria State (7:18 a.m. HK)

Australia’s Victoria state recorded two more local Covid infections, amid an outbreak that sent its largest city, Melbourne, into lockdown.

United Mandates Shots for New Hires (6:58 a.m. HK)

United Airlines will require new hires to prove they’ve been vaccinated against Covid-19, CNBC reported, citing a note to the airline’s staff.

The Chicago-based company will require external candidates with job offers made after June 15 to confirm they’ve been fully vaccinated by their start date. In mid-May, Delta announced it would require new hires to be vaccinated.

Golfer Rahm Withdraws After Positive Test (6:49 a.m. HK)

Spanish golfer Jon Rahm withdrew from the PGA’s Memorial golf tournament at Muirfield Village, Ohio, after receiving news of a positive Covid-19 test moments after finishing a blazing 64 in the third round.

In a statement, the PGA said Rahm, 26, had been subject to contract tracing protocols and daily tests after coming into close contact with a person who’d tested positive. He returned negative results daily Tuesday through Friday, but tested positive on Saturday, according to the PGA.

Brazil Deaths Continue to Slow (5:52 p.m. NY)

Brazil’s death toll declined for the seventh time in eight weeks to 11,474, about half the level of a peak reached two months ago, according to Health Ministry data. With more than 470,000 deaths since the pandemic, Brazil has the second-highest toll after the U.S.

U.S. Passes 300 Million Vaccine Doses (5:07 p.m. NY)

The U.S. passed the milestone of administering more than 300 million vaccine doses, the Centers for Disease Control and Prevention reported on Saturday. Another 1.15 million doses were recorded, for a seven-day average of 938,000, according to the Bloomberg Vaccine Tracker.

The pace of vaccination has slowed to the lowest level since January. Biden has set a goal to administer at least one dose to 70% of adults by July 4. That number is now 63.4%, according to the CDC.

N.Y. Positive Rate Continues to Fall (3:12 p.m. NY)

New York state’s positive test rate declined to a record for the seventh consecutive day. The 0.54% rolling seven-day average is among the lowest positive rates in the U.S.

California’s Positive Rate Stays Below 1% (1:25 p.m. NY)

California’s seven-day average positive test rate was 0.8%, according to the state’s health department website. The rate has remained below 1% since May 17. The state reported 1,157 new Covid-19 cases yesterday, a rate of 2.0 new cases per 100,000. There were 63 deaths. California has administered more than 38.2 million vaccines in total.

Vietnam Outbreak Hits Factory Area (10:47 a.m. NY)

More than half of Vietnam’s new infections were reported in Bac Giang province, home to Apple Inc. and Samsung suppliers along with almost a quarter million factory workers from outside the province. New locally acquired infections were 246, and three people died, the government reported Saturday. Total infections are 8,541, with 53 fatalities.

About 150,000 vaccine doses have been administered to factory workers in Bac Giang, two days ahead of schedule, the health ministry said.

Singapore Cancels F1 Race Again (7:13 a.m. NY)

Singapore called off its Formula One Grand Prix race in October amid the pandemic. The cancellation for a second year is due to “ongoing safety and logistic concerns brought about by the Covid-19 pandemic,” promoter Singapore GP Pte said Friday. Formula One reiterated it will continue to work with all promoters during this “fluid time and have several options for additional races.” It didn’t elaborate.

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