Singapore to expand its vaccination campaign to everyone 12 and older on July 2

Singapore to expand its vaccination campaign to everyone 12 and older on July 2

People wearing face masks as a preventive measure against the spread of Covid-19 in Singapore. Maverick Asio | SOPA Images | LightRocket | Getty Images SINGAPORE — Singapore will expand its Covid vaccination program to all residents 12 and older starting early next month. The government said Thursday that some permanent residents and long-term pass holders can begin booking appointments on July 2. Since June 11, citizens between the ages of 12 and 39 had a priority window to book vaccinations. Singaporeans were originally given a two-week window, but the Ministry of Health said that period will be extended by...

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Fierce competition as UAE digital bank Zand prepares for launch

Fierce competition as UAE digital bank Zand prepares for launch

Buena Vista Images | Stone | Getty Images Dubai, United Arab Emirates – Dubai-based digital bank Zand will attempt to attract customers with competitive deposit rates and a digital-first product lineup when it launches later this year, challenging traditional bank rivals as Covid-19 drives a wave of digital adoption in the Gulf. “We think there is a huge opportunity,” Zand CEO Olivier Crespin said during a CNBC moderated panel session at the Open Banking Ecosystem Summit hosted by QnA International on Monday. “We are onboarding friends and family on both the retail and corporate side, and we should be ready to go...

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JPMorgan Chase ‘strongly’ urges all U.S. employees to get vaccinated ahead of office return

JPMorgan Chase ‘strongly’ urges all U.S. employees to get vaccinated ahead of office return

JPMorgan Chase is `strongly’ urging all its U.S. employees get the Covid-19 vaccine, warning that the jab may eventually be mandatory for workers, according to a memo sent late Wednesday. The bank is now requiring all U.S. workers to log their vaccination status in a software portal by June 30. Those who are vaccinated don’t need to wear masks, socially distance or log their health status on a daily basis when they return to office life; those who aren’t vaccinated need to wear masks and are encouraged to take weekly Covid tests, JPMorgan said. “We strongly urge all of our...

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BuzzFeed announces plans to go public via SPAC

BuzzFeed announces plans to go public via SPAC

Jonah Peretti, Founder and CEO, Buzzfeed, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 18, 2017. Lucy Nicholson | Reuters BuzzFeed, a 15-year-old digital media company, announced Thursday it plans to go public via a merger with a publicly traded special purpose acquisition company.  The company, merging with 890 Fifth Avenue Partners, is targeting a $1.5 billion valuation. The deal is expected to close in the fourth quarter. BuzzFeed also plans to acquire Complex Networks, a digital publisher that specializes in streetwear, music and culture, for $300 million. The deal is made up of $200...

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Statkraft lined up to provide ‘green’ hydrogen for zero-emission ship

Statkraft lined up to provide ‘green’ hydrogen for zero-emission ship

Casper Hedberg | Bloomberg | Getty Images Energy firm Statkraft and its subsidiary Skagerak Energi have been awarded a contract to supply so-called green hydrogen to an 88-meter long, zero-emission ship planned to run between locations in Norway. In a statement Wednesday, Statkraft — which is owned by the Norwegian state — claimed the vessel was the “world’s first hydrogen-powered cargo ship.”  The contract was awarded by cement giant HeidelbergCement and Felleskjøpet, an agricultural cooperative. The two organizations are working with one another to develop the project. The idea is for the ship — which will also have two rotor...

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Millions could be suffering from long Covid, British study suggests

Millions could be suffering from long Covid, British study suggests

Healthcare workers in North Memorial’s 2019s South Six and South Seven Intensive Care Units treated patients critically ill with COVID-19 on Monday, Dec. 7, 2020 at North Memorial Health Hospital in Robbinsdale, Minn. Aaron Lavinsky | Star Tribune via Getty Images A study in England looking at persistent Covid-19 symptoms suggests that around 2 million people in the country may have had the condition known as “long Covid.” The study, part of Imperial College London’s REACT research which is tracking the virus in England, saw 508,707 people across the country of roughly 56 million asked whether they’d had Covid (confirmed...

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Here’s what you need to know

Here’s what you need to know

People queue outside a vaccination center in Sydney on June 24, 2021, as residents were largely banned from leaving the city to stop a growing outbreak of the highly contagious Delta Covid-19 variant spreading to other regions. SAEED KHAN | AFP | Getty Images The “delta variant” has come to dominate headlines, having been discovered in India where it provoked an extreme surge in Covid-19 cases before spreading around the world. But now a mutation of that variant has emerged, called “delta plus,” which is starting to worry global experts. India has dubbed delta plus a “variant of concern,” and...

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Deliveroo stock surges after court rules riders are self-employed

Deliveroo stock surges after court rules riders are self-employed

A Deliveroo courier rides along Regent Street delivering takeaway food in central London during Covid-19 Tier 4 restrictions. Pietro Recchia | SOPA Images | LightRocket via Getty Images LONDON — Shares of British food delivery firm Deliveroo surged over 4% Thursday after a U.K. court ruled that its couriers are self-employed. It’s a win for the Amazon-backed company, which has been fighting to keep its riders classed as independent contractors for years. The company’s share price on the London Stock Exchange climbed from £2.51 to around £2.64 on the back of the court ruling. Some of Deliveroo’s riders argue that...

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Bank of England holds policy steady, hints at inflation concerns

Bank of England holds policy steady, hints at inflation concerns

A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images The Bank of England on Thursday kept its monetary policy unchanged, but vowed to monitor rising inflation as the U.K. economy emerges from its Covid-induced slump. The Monetary Policy Committee voted unanimously to keep the main lending rate at a historic low of 0.1%, and a majority voted to maintain asset purchases at the current level of £895 billion ($1.24 trillion). The Bank noted that “developments in global GDP growth have been somewhat stronger...

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Thomas Heatherwick says Larry Page dinner led to a journey

Thomas Heatherwick says Larry Page dinner led to a journey

British designer Thomas Heatherwick is designing Google’s new buildings in California and London. Getty In 2012, British designer Thomas Heatherwick found himself having dinner with Google co-founder Larry Page at the billionaire’s house in California. Page wanted to discuss the future of Google’s sprawling headquarters in Mountain View, as well as some of the company’s other offices around the world. But the dinner very nearly didn’t happen. “I’m embarrassed to say I didn’t, we didn’t, really get back to them originally,” Heatherwick told CNBC at an exclusive tech event in rural England last week. Heatherwick was hesitant because some of...

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