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The Latest Breaking News from Pandemic

Australian airline Qantas is back in black after pandemic losses

For the six months ending in December, the Australian national carrier Qantas posted profits of €920 million. It expects strong demand over the next two years as well. But as FRANCE 24's Bryan Quinn explains, dark clouds are still looming over the company and its decision to cut staff during…

France 24

Companies should pull up a (virtual) seat for retail investors in 2023

City voices: The UK risks reversing shareholder democracy gains made during pandemic

Evening Standard

Qantas back in the black by $1.43 billion, and Alan Joyce vows customers will benefit

Qantas has announced that it has returned to profitability for the first time since the COVID-19 pandemic.

The New Daily

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Record levels of NHS staff seek mental health help in crisis deemed ‘worse than pandemic’

Exclusive: 6,000 doctors and 5,000 ambulance staff have sought help in the past year

The Independent UK

Comment: What do US growth zones have in common? They build housing

The big population shifts toward the South and inland West over the past few years have been attributed to many factors, from lower taxes and more permissive pandemic policies to better weather and fear of crime.

Tribune News Service

South Africa's relief grant: how it can be used to help young people into jobs

The COVID-19 pandemic worsened the unemployment crisis in South Africa. In the second quarter of 2021, unemployment rates were the highest ever officially recorded. Many people who lost their only source of stable income fell into poverty as a result.

The Conversation

Rejecting science has a long history – the pandemic showed what happens when you ignore this

Fear engulfed everyone during the pandemic. Yet when a vaccine became available, it was met with fierce resistance. Anti-vaccination crowds formed, and some of these groups argued this vaccine was against their religious beliefs.

The Conversation

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Japan's emperor gives first birthday address in four-year reign

Japanese Emperor Naruhito on Thursday gave his first public birthday address since ascending the throne almost four years ago, after delays due to the COVID-19 outbreak, and urged support for people struggling with inflation and the pandemic.

Reuters

Qantas back in black with $978 million half-year profit

Australian national carrier Qantas has posted an underlying pre-tax half-year profit of 1.43 billion Australian dollars ($978 million) in the airline’s first return to profit since the coronavirus pandemic started three years ago

The Independent UK

EBay gives outlook suggesting sales comeback will take longer

EBay Inc. warned investors that sales will continue to decline into the second half of the year, raising questions about management’s ability to revive growth at the online marketplace now that a pandemic boom has petered out. The shares declined in extended trading.

Tribune News Service

The housing market correction has already caused homeowners to lose $2.3 trillion

A correction in home prices has erased $2.3 trillion in nationwide home values, but homeowners are still up roughly $13 trillion since February 2020.

Fortune

Two per cent of Australian households were broken into last financial year. But the rate is still below pre-pandemic levels

The Australian Bureau of Statistics says up to 194,100 Australian homes experienced a break-in over the past 12 months, an increase since COVID-19 lockdowns.

ABC News

China M&A Deals Plunged 34% to Nine-Year Low in 2022

Economic headwinds and pandemic disruptions similarly slowed global mergers and acquisitions, management consultant Bain reports

Caixin Global

Qantas turns profitable again amid travel rebound

Qantas has reported a first-half underlying pre-tax profit of $1.43 billion - turning around last year's loss - as strong demand helped offset high fuel costs.

AAP

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Tribune News Service

California says it can no longer afford aid for COVID testing and vaccination of migrants

All day and sometimes into the night, buses and vans pull up to three state-funded medical screening centers near California’s southern border with Mexico. Federal immigration officers unload migrants predominantly from Brazil, Cuba, Colombia and Peru, most of whom await asylum hearings in the United States.

Caixin Global

Hong Kong Relaunches Investment-for-Residency Program

City hopes to lure back bankers, lawyers and other professionals who decamped amid pandemic restrictions, though new program’s details are sparse

The Guardian - UK

Minorities in UK no longer at much higher risk of dying from Covid

ONS numbers reveal rates of deaths now much lower for all ethnic groups compared with earlier in pandemic

The Independent UK

Met cuts season to 18 operas, matching fewest in 4 decades

The financially challenged Metropolitan Opera is cutting its schedule to 18 productions next season, matching pandemic-curtailed 2019-20 for the fewest since 14 in the strike-shortened 1980-81 season

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France 24

Chinese banker 'was looking to move wealth to Singapore before disappearance'

The missing founder of China Renaissance, Bao Fan, was looking to start a fund for his personal fortune, according to the Financial Times. Bao is one of the country's biggest financiers in the tech sector and could be the latest target of a crackdown on the industry. Also in the…

Tribune News Service

Airlines turn market darlings as COVID-19 forces financial clean up

Unloved during the pandemic as their businesses were incapacitated almost overnight, airlines that cut back to survive the crisis are now blowing through profit forecasts and luring back investors.

AAP

Construction work down slightly in December quarter

Construction work has eased slightly but a pandemic-fuelled housing boom will keep building and engineering activity elevated for a while yet, new data shows.

Bangkok Post

Pandemic to end 'this year' due to hybrid immunity

The Covid-19 pandemic will come to an end this year, according to virologist Dr Yong Poovorawan, head of the Centre of Excellence in Clinical Virology at Chulalongkorn University.

Bangkok Post

Striking a chord with Thai audiences

South Korea found tremendous success exporting soft power via K-pop and K-dramas globally for decades, establishing a strong fan base in Southeast Asia and Thailand, even during the pandemic.

Bangkok Post

Krungsri upbeat on M&A view

Bank of Ayudhya (Krungsri) sees greater opportunity for large corporate customers to make merger and acquisition (M&A) deals this year thanks to a clearer economic outlook following the easing of the pandemic.

Chicago Sun-Times

Bird flu has been spreading. Though not a worry right now for people, it could become one. Here’s why.

Scientists say another kind of bird flu was likely behind the devastating 1918-1919 flu pandemic, and avian viruses played roles in flu pandemics in 1957, 1968 and 2009.

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