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Softbank's Son Opposes Olympics; India Cases Slow: Virus Update


Germany Curbs U.K. Travel; Eiffel Tower to Reopen: Virus Update
Bloomberg
25 mins ago
Bloomberg News
(Bloomberg) Germany will impose fresh restrictions on travelers from the U.K. starting on Sunday due to the rapid spread of a coronavirus strain first identified in India. Travelers from the U.K. will have to spend two weeks in quarantine upon arrival in Germany even if they test negative for the virus, according to the foreign ministry.
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New research on the BioNTech/Pfizer and Oxford/AstraZeneca vaccines shows that a double dose will better guard against variants of the virus first detected in India and Kent in the U.K. Britain is now offering vaccinations to those aged 32 or over. ....

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India Cases Slow; Singapore Has First School Link: Virus Update


India Cases Slow; Singapore Has First School Link: Virus Update
Bloomberg
1 hr ago
Bloomberg News
(Bloomberg) President Joe Biden said Friday that the U.S. could produce up to 1 billion vaccine doses by as early as the end of the year. Singapore reported its first school-based transmission, while the number of new cases in India reached a five-week low.
Hong Kong is considering a partial opening of its border with mainland China as early as next month and Osaka is seeking an extension of its state of emergency, according to media reports.
Europeans and some foreign visitors can firm up their summer plans in the region, after EU negotiators agreed to introduce vaccine certificates. The EU’s drug regulator issued a warning against using AstraZeneca’s vaccine in some cases. ....

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Trudeau Ministers Start Laying Out Metrics for Reopening Border


Trudeau Ministers Begin Sketching Plan to Reopen U.S. Border
Bloomberg
10 hrs ago
Kait Bolongaro
(Bloomberg) Justin Trudeau’s government began to outline the conditions for easing travel restrictions at the Canada-U.S. border.
Intergovernmental Affairs Minister Dominic Leblanc said Friday that U.S. and Canadian officials are discussing how to move forward with reopening the world’s longest international border, which has been closed to most non-essential traffic for more than a year to curb the spread of coronavirus.
“We recognize that in the coming weeks, when the number of vaccinated people grows and if we continue to see a reduction in Covid cases and hospitalizations, that we may be in a position to progressively loosen these measures,” Leblanc told reporters. ....

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Transat Rises as Canada Grants $570 Million in Crisis Loans


Transat Rises as Canada Grants $570 Million in Crisis Loans
Bloomberg
4/29/2021
Sandrine Rastello
(Bloomberg) Transat AT Inc., the Montreal-based vacation operator that Air Canada gave up trying to buy earlier this month, obtained C$700 million ($570 million) in emergency aid from the Canadian government to stay afloat during the pandemic.
The company took loan facilities of C$390 million for operations and another C$310 million to finance customer refunds for flights canceled during the pandemic. Transat will also issue 13 million warrants to the government to buy shares at C$4.50 each.
Transat shares jumped on the news, rising as much as 13% in Toronto, before paring some of the gains. They were up 4.4% to C$4.73 as of 12:59 p.m. ....

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