Eastern European countries ask Commission to reopen vaccine contracts – POLITICO

A group of ten Eastern European countries have petitioned the European Commission to renegotiate coronavirus vaccine contracts, in a letter seen by POLITICO that cites an oversupply of doses and the need to protect state finances. Contracts should be able to be terminated “if they are no longer needed from a health and epidemiological perspective,” … Read more

China Isn’t the Biggest Movie Market Anymore. Blame Pandemic Lockdowns.

Text size China has lost its top spot as the world’s largest moviegoing market. Here: people watch a movie in 2020 in China when cinemas reopened. STR/AFP via Getty Images After two years as the world’s largest moviegoing market, China has lost its top spot to North America, thanks to Covid restrictions in Shanghai, Beijing, … Read more

China Isn’t the Biggest Movie Market Anymore. Blame Pandemic Lockdowns.

Text size China has lost its top spot as the world’s largest moviegoing market. Here: people watch a movie in 2020 in China when cinemas reopened. STR/AFP via Getty Images After two years as the world’s largest moviegoing market, China has lost its top spot to North America, thanks to Covid restrictions in Shanghai, Beijing, … Read more

Asian markets rise, with boost from Wall Street’s latest rally

TOKYO — Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. Trading was closed in China for the Dragon Boat Festival, a national holiday. Benchmarks in the rest of the region edged higher, cheered by an overnight rally on Wall Street. Market players are … Read more

Asian markets slide amid COVID, rate-hike worries

TOKYO — Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases in parts of the region. Japan’s benchmark Nikkei 225 NIK, -0.16% lost 0.2% and Australia’s S&P/ASX 200 XJO, -0.80% edged down 1%. South Korea’s Kospi 180721, -1.00% slipped 1%. Hong Kong’s Hang … Read more

Global Stocks Rise as China Signals Stimulus for Shanghai

International stocks rose Monday, extending a rally that has pared some of this year’s losses, while US markets were closed for the Memorial Day holiday. The Stoxx Europe 600 added 0.6%, led by shares of technology and luxury-goods firms. Germany’s DAX gained 0.8% and London’s FTSE 100 edged up 0.2%. Global markets were boosted by … Read more