LHSC expands COVID-19 assessment center to treat colds and flu – London

In an effort to relieve pressure on local emergency departments, the London Health Sciences Center (LHSC) is expanding services at Victoria Hospital COVID-19 Assessment Center to also treat colds and flu. Done in conjunction with the Middlesex London Ontario Heath Team, the move is effective immediately and the center is now called the COVID, Cold … Read more

Morning Offer: Bonds Rise Crude Oil, Costs and Canada

A look at the day ahead at the US and global markets from Mike Dolan. The 2023 grand consensus bet is already in full swing – bonds are being bid on. While falling slightly today, 10- and 30-year US Treasury yields fell to their lowest levels since mid-September on Wednesday. At a 24-hour low of … Read more

As China begins dismantling ‘zero-COVID’ controls, virus fears are on the rise

Biggest easing of curbs since the start of the pandemic Cities are urging citizens to remain vigilant Analysts say China is ill-prepared for a major spike in business BEIJING/SHANGHAI, Dec. 8 (Reuters) – As many Chinese embraced new freedoms on Thursday after the country dropped key parts of its hardline zero-COVID regime, there was growing … Read more

China trade suffers worst slump in 2-1/2 years as COVID woes and weak demand take toll

China’s exports are worst since February 2020, miss forecast Imports are down the most since May 2020 due to weak demand Global economic slowdown, China’s COVID woes are under pressure Politburo meeting points to key driver for domestic demand in 2023, analyst says BEIJING, Dec. 7 (Reuters) – China’s exports and imports contracted at their … Read more

Response to China’s easing of COVID restrictions following a major policy change

December 7 (Reuters) – China on Wednesday announced the most sweeping changes to its hardline zero-COVID policy since the start of the pandemic three years ago, easing rules that curbed the spread of the virus but taking the second largest economy in the world and led to protests . The relaxation of rules, including allowing … Read more

Beijing drops COVID testing burden with wider eyes of easing

Tests no longer necessary for supermarkets, offices Latest in a mix of nationwide easing measures Curbs sparked massive protests last month New national rules as soon as Wednesday – sources BEIJING, Dec. 6 (Reuters) – People in China’s capital Beijing were allowed to enter supermarkets, offices and airports on Tuesday without having to show negative … Read more

China prepares new COVID rules as investors applaud shift easing

New nationwide COVID rules from Wednesday – sources Shift follows large-scale demonstrations last month Yuan firms, global markets gather on China’s hopes HONG KONG/BEIJING, Dec 5 (Reuters) – China will announce further easing of some of the world’s toughest COVID restrictions as early as Wednesday, sources told Reuters, as investors cheered the prospect of a … Read more

Asia Shares Bank on China’s Final Opening; oil profits

https://tmsnrt.rs/2zpUAr4 Chinese stocks rise, dollar falls More Chinese cities are easing coronavirus controls Cap on Russian oil takes effect, impact uncertain SYDNEY, Dec. 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped steps to lift China’s pandemic restrictions would eventually improve the outlook for global growth and demand for commodities, driving … Read more

Chinese services activity shrinks to 6-month low – Caixin PMI

BEIJING, Dec. 5 (Reuters) – China’s services activity contracted to a six-month low in November as mounting COVID containment measures weighed on demand and activity, a private sector business survey found on Monday, pointing to a further blow to economic growth. The purchasing managers’ index (PMI) of Caixin/S&P Global services fell from 48.4 to 46.7, … Read more

Oil prices rise after OPEC+ upholds production cut targets, China eases COVID restrictions

Brent gained 0.8% at 0430 GMT, WTI rose 0.9% OPEC+ maintains plans to cut production by 2 million barrels per day More Chinese cities are easing COVID-19 restrictions MELBOURNE, Dec 5 (Reuters) – Oil prices rose as much as 2% on Monday after OPEC+ countries kept their production targets stable ahead of a European Union … Read more