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The Latest Breaking News from Covid-19

Mid-Afternoon Market Update: Kymera Therapeutics Drops After Q1 Results; Belite Bio Shares Spike Higher

U.S. stocks traded slightly higher toward the end of trading on Tuesday.

Benzinga

More evidence of airborne spread of COVID: study

‘Patients in both ICU, non-ICU wings shed the virus in air, irrespective of infection severity’

The Hindu

Thousands of Chicago residents apply for chance to receive $500 for 12 months: ‘There’s a lot of need’

Within days of the program’s launch, more than 100,000 people had applied for the Chicago Resilient Communities Pilot that will provide 5,000 people hit hard by the coronavirus pandemic with a $500 monthly benefit for a year.

Chicago Sun-Times

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Civil servants called UK Covid testing scheme ‘unlegit’, court hears

Details of emails released in Good Law Project challenge to awarding of contracts to Abingdon Health for antibody tests

The Guardian - UK

Push to report ethnic as well as gender pay gaps

Women, Māori and Pacific workers should be better off if the government were to introduce pay gap reporting – but by how much?

Newsroom.co.nz

Being hospitalised with Covid can age your brain by two decades, new research says

Scientists have found Covid-related decline in cognitive function most closely matches that seen in healthy people as they age between 50 and 70

Wales Online

Partygate means all Covid fines should be overturned, lawyer argues

Call for penalties to be scrapped in light of Boris Johnson’s defence of breaches, as 23 already struck down

The Guardian - UK

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Despite Q1 Earnings Miss, Incyte Shares Jump On Revised FY22 Sales Guidance

Incyte Corporation's (NASDAQ:INCY) Q1 adjusted EPS reached $0.55, compared to $0.67 posted a year ago. Analysts had estimated $0.68. Sales increased 21% Y/Y to $733.24 million, missing the consensus of $750.66 million. The company's operating expenses increased 22% to $616.69 million, with the cost of sales up 45.8%, R&D costs up 15%,…

Benzinga

Greater Manchester's latest coronavirus infection rates as cases continue to plummet

Wigan has the highest infection rates across the region

Manchester Evening News

Sudden Cinderella closure shows ‘lack of respect’ for theatre workers – Equity

Despite opening to rave reviews, Andrew Lloyd Webber’s musical will end in London on June 12 after less than a year.

The Independent UK

Zimmer Biomet Raises, Tightens FY22 Outlook after Q1 Earnings Surpass Estimates

Zimmer Biomet Holdings Inc's (NYSE:ZBH) Q1 sales increased by 3.9% Y/Y to $1.66 billion (up 6.8% on a constant currency basis), beating the consensus of $1.59 billion. Adjusted EPS was $1.61, which came in above the consensus of $1.41 and $1.55 a year ago. "We are encouraged by the better than expected results…

Benzinga

Why Sabre Shares Are Trading Lower Today

Sabre Corp (NASDAQ:SABR) reported first-quarter FY22 revenue growth of 79% year-on-year to $584.9 million, beating the consensus of $536.4 million. Revenue growth was driven by higher global air, hotel, and other travel bookings reflecting continued recovery from the pandemic. Travel Solutions revenue rose 85% Y/Y to $534 million, and the corresponding operating income…

Benzinga

1,414 fresh Covid-19 cases in Delhi; positivity rate drops to 5.97 pc

NEW DELHI: Delhi on Tuesday reported 1,414 Covid-19 cases, around 31 per cent more than a day ago, though the positivity rate came down to 5.97 per cent, according to data shared by the city health department. One death occurred due to the disease.

The Times of India

Workers, not warriors: 4 lessons from health worker protests during COVID-19 that could help avert a looming workforce crisis

Countries around the world are barrelling towards a health workforce crisis. Driven by unrelenting waves of COVID-19, poor working conditions, inadequate pay and a host of other factors, health workers in many countries, including Canada, are exiting the workforce in unprecedented numbers.

The Conversation

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The Hindu

107 new COVID-19 cases reported in Karnataka

Bengaluru

The Independent UK

Pfizer hopes to submit little-kid vaccine data by early June

Pfizer now hopes to tell U.S. regulators how well its COVID-19 vaccine works in the littlest kids by early June

The Times of India

Gold sales rebound on Akshaya Tritiya; jewellers expect 10% rise in volume

MUMBAI: Gold sales rebounded on Akshaya Tritiya after remaining subdued for past two years due to Covid-19 as a decline in the metal's prices along with public holiday on Tuesday led to heavy footfall at jewellery stores, industry players said.

Newsroom.co.nz

Security agencies warned of violence at Parliament

New documents provide early insights into the thinking of New Zealand's security agencies during and after the Parliament occupation.

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Tribune News Service

New Orleans' Jazz Fest looks to second weekend after Chili Peppers, the Who help honor lost heroes during first

NEW ORLEANS — The first weekend of Jazz Fest at times felt like one long funeral. And by its host city's rich standards, that means it was actually a great party.

Daily Mirror

Matt Hancock told officials to go 'hell for leather' at Covid deal despite concerns

Officials had concerns a deal for Abingdon Health to develop Covid tests would not appear "legit" as it had been awarded without competition under emergency laws

Wales Online

Covid hospital admissions in England drop by a quarter in a week

The average daily figure was below 1,000 for the first time in two months

The Guardian - UK

Q&A: key questions facing Keir Starmer over office beer during lockdown

Labour leader continues to be asked about claims he broke Covid rules, but legal and police consensus is he did not

WEKU

On primary day, 3 pro-Trump candidates challenge Ohio Gov. Mike DeWine for his office

Not since 1978 has a sitting governor in Ohio faced a primary challenger. After quickly implementing COVID-19 restrictions during the pandemic, DeWine faces major GOP opposition on Tuesday's ballot.

Benzinga

Henry Schein Q1 Earnings Beat Street View, Sticks To FY22 Guidance

Henry Schein Inc (NASDAQ:HSIC) posts Q1 FY22 sales of $3.32 billion, beating the consensus of $3.13 billion, up 8.7% Y/Y, including 7.7% internal growth in local currencies, 2.4% growth from acquisitions, and a 1.4% decline related to foreign currency exchange. Q4 internal sales growth in local currencies, excluding personal protective equipment and COVID-19…

Benzinga

Mid-Day Market Update: Dow Jumps 100 Points; Spero Therapeutics Shares Plunge

U.S. stocks traded higher midway through trading, with the Dow Jones gaining over 100 points on Tuesday.

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