How to protect yourself against monkeypox, what to do if you catch it

How to protect yourself against monkeypox, what to do if you catch it

Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022.  Dado Ruvic | Reuters A recent monkeypox outbreak across the U.S., Europe, Australia and the Middle East has baffled health experts and is raising concerns of a wider outbreak. As of Wednesday, there were 346 confirmed and suspected cases in 22 countries outside of Africa, where the virus is endemic, according to Our World in Data. It marks the first known community spread of the virus. Prior to this outbreak, cases had been linked to travel to regions where the virus is endemic...

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Airbus sets up UK facility to focus on hydrogen tech for aircraft

Airbus sets up UK facility to focus on hydrogen tech for aircraft

A model of one of Airbus’ ZEROe concept planes, photographed in November 2021. The firm has said it wants to develop “zero-emission commercial aircraft” by the year 2035. Giuseppe Cacace | Afp | Getty Images Airbus is launching a U.K.-based facility focused on hydrogen technologies, a move which represents the firm’s latest attempt to support the design of its next generation of aircraft. In a statement Wednesday, Airbus said the Zero Emission Development Centre in Filton, Bristol, had already begun working on the development of the tech. One of the site’s main goals will center around work on what Airbus...

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Europe lambasted for failing to deter Putin’s war

Europe lambasted for failing to deter Putin’s war

DAVOS, Switzerland — The European Union failed to counter Russian President Vladimir Putin and needs to now strike flexible alliances across the world and search for new friends, current and former leaders told CNBC on a panel at the World Economic Forum. “We are too Euro-centric on this crisis, in the sense we think this is Russia versus the West — it is much broader than that,” Alexander Stubb, the former prime minister of Finland, said in Davos. Earlier this month, the EU’s top diplomat, Josep Borrell, explained how the West now needed to pay more attention to the rest...

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People are leaving Hong Kong and here’s where they’re going

People are leaving Hong Kong and here’s where they’re going

They stuck it out during the political protests of 2019. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 — not because they want to, several told CNBC, but because Covid restrictions and what they see as an erosion of democratic norms are pushing them to leave. A surge in departures is accelerating a “brain drain” of professional talent — a situation which hit fever pitch around March, as omicron-driven Covid cases skyrocketed across the city. Now Hong Kong’s ever-chipper lifestyle...

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Indonesia’s fishermen rake in bigger incomes thanks to Aruna app

Indonesia’s fishermen rake in bigger incomes thanks to Aruna app

Utari Octavianty is no stranger to imposter syndrome. The 28-year-old is the co-founder of Aruna, an Indonesian farm-to-table e-commerce start-up that gives fishermen direct access to global consumers, fetching fair prices for their catch. “When we talked to other [start-up] founders, they came from Harvard, Stanford, and suddenly there’s us — from a local university in Indonesia,” she told CNBC Make It. “But somehow that became the motivation, it’s not the education that matters. It’s how we create impact,” she said.  If this business grows bigger and bigger, is my experience enough to handle all of this? Utari Octavianty Co-founder,...

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Recovering despite lack of Chinese visitors

Recovering despite lack of Chinese visitors

Air travel in Singapore is recovering and has reached around 40% of pre-Covid levels despite China’s border restrictions, Transport Minister S. Iswaran said. China’s passenger traffic is significant for Singapore, he said. Some 3.6 million Chinese residents traveled to Singapore in 2019, accounting for 13% of total visitors, according to data from the local tourism board. China remained among the top sources of visitors to Singapore during the pandemic, but that may be changing as other countries relax border measures. In April, Singapore received just 5,000 visitors from China, less than 2% of total arrivals, data showed. Travelers to China...

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First-quarter GDP declined 1.5%, worse than thought; jobless claims edge lower

First-quarter GDP declined 1.5%, worse than thought; jobless claims edge lower

A ‘We’re Hiring!’ sign is posted at a Starbucks in Los Angeles, California. Mario Tama | Getty Images The U.S. economic contraction to start the year was worse than expected as weak business and private investment failed to offset strong consumer spending, the Commerce Department reported Thursday. First-quarter gross domestic product declined at a 1.5% annual pace, according to the second estimate from the Bureau of Economic Analysis. That was worse than the 1.3% Dow Jones estimate and a write-down from the initially reported 1.4%. Downward revisions for both private inventory and residential investment offset an upward change in consumer...

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India needs to fill China gaps to become the “pharmacy of the world”

India needs to fill China gaps to become the “pharmacy of the world”

India emerged as a large supplier of Covid-19 vaccines, supplying to 75 countries, including Indonesia, where a medical officer injects the vaccine AstraZeneca into a recipient in Bintan island on July 2, 2021. (Photo credit Yuli Seperi / Sijori images/Future Publishing via Getty Images India has embarked on an ambitious plan to cut dependence on China for key raw materials as it seeks to become self-sufficient in its quest to be the “pharmacy of the world.” Already the world’s third-largest manufacturer of medicines by volume, India has one of the lowest manufacturing costs globally. About one in three pills consumed in the U.S. and one in...

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How Costco became a staple of Asian America

How Costco became a staple of Asian America

Durian at a Costco Wholesale location in Woodland Hills, California. April 24, 2022. Wendy Leung Wendy Leung rarely saw durian in grocery stores growing up in Los Angeles, but the 45-year-old nonprofit worker found the fruit at her local Costco Wholesale in San Fernando Valley this April. Durian is used in Southeast Asian cuisines and is known for its strong scent.  “When I saw it in Costco, it just made me laugh that durian has gone mainstream,” said Leung, who was born in Hong Kong. “I’ve definitely been noticing more Asian products at Costco lately.” Asian Americans are the fastest-growing...

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Alibaba announces fourth quarter earnings

Alibaba announces fourth quarter earnings

SINGAPORE — Shares in Asia-Pacific rose in Friday morning trade, with investors monitoring shares of Alibaba in Hong Kong after the Chinese tech giant posted better-than-expected fourth-quarter earnings on Thursday. The Nikkei 225 in Japan gained 1.41% as shares of conglomerate SoftBank Group surged 5%. The Topix index advanced 1.08%. South Korea’s Kospi also jumped 1.22%. In Australia, the S&P/ASX 200 climbed 0.73%. Australia’s April retail sales data is set to be out at 9:30 a.m. HK/SIN on Friday. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.49% higher. Chinese tech titan Alibaba reported Thursday fourth-quarter earnings of 7.95...

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