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China’s Guangdong summons Evergrande boss after debt repayment warning

BEIJING (Reuters) -China’s Guangdong province on Friday summoned the chairman of China Evergrande Group after the real estate developer said there was “no guarantee” it would have enough funds to meet debt repayments, while regulators sought to reassure markets. Evergrande, once China’s top-selling developer, is grappling with more than $300 billion in liabilities, fuelling fears …

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Advocates welcome Taliban decree barring forced marriages but call for more

By Charlotte Greenfield ISLAMABAD (Reuters) – A decree released by the Taliban barring forced marriage was a major step forward, two leading Afghan women said on Friday, but questions remained about whether the hardline Islamist group would extend women’s rights around work and education. Afghanistan’s Taliban government on Friday released a decree which said women …

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Canadian grocery retailer Loblaw wins offshore tax case in top court

OTTAWA (Reuters) – Canadian grocery retailer Loblaw Companies Ltd does not have to pay tax on income earned by an offshore subsidiary, the country’s Supreme Court said on Friday, a decision that could have implications for other companies. The case revolved around a Barbados-based bank linked to the company. Loblaw successfully argued the bank was …

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BioNTech CEO says vaccine upgrade on the cards, ready to move quickly

By Ludwig Burger FRANKFURT (Reuters) -BioNTech should be able to adapt its coronavirus vaccine relatively quickly in response to the Omicron variant, and the next few weeks will show how urgently an upgrade is needed, its CEO Ugur Sahin told the Reuters Next conference on Friday. Sahin said people should continue to seek the established …

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BioNTech CEO says vaccine upgrade on the cards, ready to move quickly

By Ludwig Burger FRANKFURT (Reuters) -BioNTech should be able to adapt its coronavirus vaccine relatively quickly in response to the Omicron variant, and the next few weeks will show how urgently an upgrade is needed, its CEO Ugur Sahin told the Reuters Next conference on Friday. Sahin said people should continue to seek the established …

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Cementing ties with France, UAE places $19 billion order for warplanes, helicopters

By John Irish DUBAI (Reuters) -The United Arab Emirates ordered 80 Rafale fighter jets and 12 military helicopters on Friday, deepening economic and political ties with France through an arms contract worth 17 billion euros ($19.20 billion). The largest ever overseas sale of the French warplane was sealed as French President Emmanuel Macron began a …

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WHO’s top scientist says Omicron could displace Delta

By Francesco Guarascio and Stephanie Nebehay (Reuters) -The World Health Organization’s chief scientist told the Reuters Next conference on Friday the Omicron variant could become dominant because it is highly transmissible, but that a different vaccine may not be needed. Soumya Swaminathan also said it was too early to say whether Omicron is milder than …

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WHO’s top scientist says Omicron could displace Delta

By Francesco Guarascio and Stephanie Nebehay (Reuters) -The World Health Organization’s chief scientist told the Reuters Next conference on Friday the Omicron variant could become dominant because it is highly transmissible, but that a different vaccine may not be needed. Soumya Swaminathan also said it was too early to say whether Omicron is milder than …

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Vaccine makers doing right to look to adjust COVID-19 jabs – WHO

GENEVA (Reuters) – It is “commendable” that makers of COVID-19 vaccines are planning for the “likelihood” of needing to adjust their products to protect against the Omicron variant, a World Health Organization (WHO) spokesperson said on Friday. Christian Lindmeier, speaking at a U.N. briefing in Geneva, said the agency was still studying the transmissibility and …

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