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S Africa’s Ramaphosa warns against ‘vaccine apartheid’

Bloomberg Vaccines need to be viewed as a global public good and the intellectual property, knowledge, technology and data related to Covid-19 vaccines should be available to all, South African President Cyril Ramaphosa said in his weekly letter. South Africa and India have recently submitted proposals on the World Trade Organization’s Agreement on Trade-Related Aspects of Intellectual Property Rights that ...

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Deadly fungus infection found in Covid patients in India

Bloomberg India’s health authorities warned about a fungal infection seen in some Covid-19 patients which can disfigure facial features and even kill, as the country continues to grapple with the world’s fastest-growing coronavirus outbreak. Mucormycosis, also called the “black fungus” infection, can damage the sinuses or lungs when the spores are inhaled, the Indian Council of Medical Research (ICMR) said ...

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UBS bankers get $40,000 bonus on promotion to associate level

Bloomberg UBS Group AG will pay a $40,000 one-time bonus to its global banking analysts when they are promoted, doubling what some competitors are offering, as lenders seek to reward younger employees weighed down by a surge in dealmaking. Starting as soon as this month the Swiss bank will pay the sign-on bonus to analysts promoted to associates on top ...

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