Bloomberg Hong Kong will mandate three-day hotel quarantines for air cargo crew, as the Asian city steps up efforts to prevent any local transmission of the contagious omicron Covid-19 variant. “We have to balance between the risk of infectious disease outbreaks and the cargo operation,” Edwin Tsui, controller of the Center for Health Protection, said at a press briefing …

  Bloomberg A powerful storm rammed western Japan with record snowfall, disrupting flights, train travel and leaving hundreds without power. Snowfall surpassed 70 centimetrs (28 inches) in the cities of Hikone and Maizuru, in the prefectures of Shiga and Kyoto, respectively, data from the Japan Meteorological Agency showed. Obama city in Fukui, Japan’s coastal region, received record snowfall for this …

  Bloomberg Stocks in Europe advanced along with US equity futures as traders evaluated the resilience of the global recovery to a record spike in coronavirus cases. The Stoxx Europe 600 index nudged closer to last month’s record high, with utilities and car makers leading the advance as all industry sectors gained. Contracts on the S&P 500 and Nasdaq 100 …