The great “flu” pandemic of 1889 started in Russia, infecting more than half the inhabitants of Saint Petersburg, then spread rapidly through Europe. Its victims included Prince Albert Victor, the grandson of Queen Victoria. Americans felt safe for a few months — until the first infections appeared in New York, and rail travel quickly spread it to other cities across ...

Bloomberg China’s state-backed funds pumped $2.25 billion into a Semiconductor Manufacturing International Corp (SMIC) wafer plant to support advanced-chip making as Washington tightens technology restrictions on the Asian nation. The Semiconductor Manufacturing International Corp plant’s registered capital jumps from $3.5 billion to $6.5 billion after the investment, the company said in an announcement. The chipmaker’s stake in the Shanghai facility ...

Bloomberg India will open up its space facilities, mineral blocks and power distribution to private companies, as it seeks new investments to help shore up an economy hit by the coronavirus pandemic. Prime Minister Narendra Modi’s administration will also allow foreign investment up to 74% in defense manufacturing to attract investments, Finance Minister Nirmala Sitharaman said in New Delhi. The ...