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Chinese drugmaker in talks to test virus vaccine globally

Bloomberg The drugmaker behind one of China’s most promising coronavirus vaccine candidates is in talks to conduct late-stage trials globally as the race for immunisation against Covid-19 intensifies. Beijing-based Sinovac Biotech Ltd is in discussion with regulators in other countries, and the World Health Organization (WHO), to launch phase III clinical trials in regions where the novel coronavirus is still ...

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US tightens visa rules for Chinese journalists

Bloomberg The US government tightened visa rules for Chinese journalists in the latest retaliatory measure in an ongoing spat between the two countries over media access. The regulation will limit visas for Chinese journalists to a 90-day period, while allowing them to apply for extensions, according to a statement from the Department of Homeland Security. Previously, the reporters were permitted ...

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Europe agrees on $260bn credit lines to stem fallout

Bloomberg Euro-area finance ministers agreed to allow the region’s bailout fund to extend credit lines to each of the bloc’s governments on concessionary terms, paving the way for countries including Italy to draw cheap liquidity amid an unprecedented spending spree. The deal struck at a video conference on Friday forms a key part of the bloc’s response to the crisis ...

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