(Bloomberg) — Hong Kong will ease some social distancing rules and announced plans for mandatory testing of people with symptoms and specific groups as India’s daily infections fell below 40,000 for the first time in more than three months.
Eli Lilly & Co. said a U.S.-run clinical trial of its experimental antibody therapy will end while AstraZeneca Plc’s vaccine candidate produced a robust immune response in elderly people. New research from the U.K. suggests antibody responses may diminish over time.
The latest surge in U.S. coronavirus cases sent the S&P 500 Index to its biggest drop in a month. An infection spike that started with younger Americans is now moving to older communities.
Global Tracker: Cases top 43.4 million; deaths exceed 1.15 millionU.S. ‘surge’ virus testing targets asymptomatic peopleCovid Fear Is Back and Driving Markets Again: John AuthersP&G’s new Lysol competitor wins EPA approval to fight virusAmericans see record flu shot demand in first season with CovidU.S. recovery’s surprise strength linked to aid, quick reopeningVaccine Tracker: Vaccine trials restart, providing hope
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Hong Kong to Relax Some Social Distancing, Bars to Stay Open Later (2:52 p.m. HK)
Hong Kong will allow more people to sit at the same table in bars and restaurants as well as letting them stay open later.
From Friday, restaurants will be allowed to stay open until 2 a.m. with six people permitted at a table, up from four, Secretary for Food and Health Sophia Chan told a briefing on Tuesday. Bars also will be open later with the limit on patrons doubling to four per table.
Hong Kong also eased its rule mandating face masks for people exercising at indoor venues but a four-person limit on public gatherings will stay for another week.
Earlier, Chief Executive Carrie Lam said the city would re-open public beaches as the Asian financial starts legislative work on mandatory Covid-19 testing for specific groups including people with symptoms.
Bulgaria Posts Record High New Cases, Deaths (2:08 p.m. HK)
Bulgaria reported record numbers of new cases, deaths and patients in intensive care, putting fresh pressure on the country’s health-care system.
The Balkan country reported 2,243 daily coronavirus cases, the first time new infections topped 2,000, as well as 42 deaths. The numbers come as Prime Minister Boyko Borissov is recovering at home after testing positive for Covid-19.
Dubai in Talks on London Air-Travel Agreement to Boost Demand (12:15 p.m. HK)
A plan to open up air travel between Dubai and London is ready and could be implemented once approved by the respective governments, according to the head of the emirate’s airport operator.
Testing and quarantine requirements have been agreed by hubs and airlines, Paul Griffiths, chief executive officer of Dubai Airports, said in an interview. Whether they move forward lies