Tuesday , 16 December 2025

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American Air expands virus testing

Bloomberg American Airlines Group is expanding pre-flight coronavirus testing in an effort to boost demand for domestic travel. At-home tests would enable passengers with negative results to avoid or shorten Covid-19 quarantines and other restrictions at US destinations with travel requirements, American said in a statement. Starting from December 9, customers started having access to tests provided by LetsGetChecked for …

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Stocks climb, dollar slips amid hopes for stimulus

Bloomberg Global stocks climbed towards another record high as hopes for a US stimulus deal countered concern about a surge in coronavirus cases. Treasuries slipped with the dollar. Cyclical banking and energy firms led European shares higher at the opening, after equities rose in much the Asia Pacific. Britain’s pound rallied as UK Prime Minister Boris Johnson was expected to …

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China stocks face $722b overhang as share lockups end

Bloomberg More than $722 billion worth of Chinese stocks will be unlocked for sale next year, testing a market where valuations are at a five-year high. That would be the largest amount since at least 2011, according to China Merchants Securities Co. It’s also equivalent to about 7% of the value of the entire Chinese equity market, data compiled by …

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