The administration also said it would instruct nursing homes to vaccinate their staffs against Covid-19 or risk losing Medicare and Medicaid funding.
Pfizer's Covid-19 Booster Shot Improves Immunity, Israeli Study Suggests
TEL AVIV-Early data from Israel suggests a booster shot of Pfizer Inc.'s Covid-19 vaccine can significantly improve immunity in those aged 60 and above, as the U.S. and other countries plan additional doses to increase protection against the highly infectious Delta variant.
Israel was one of the first countries late last month to authorize a third Pfizer dose for the elderly who were fully vaccinated with the recommended two shots, after indications that vaccine protection against severe illness has waned.
China Huarong Expects Nearly $16 Billion Loss for 2020, Secures Investors
China Huarong Asset Management said some large Chinese financial institutions have agreed to invest in the distressed asset manager, which is expecting nearly $16 billion of losses for 2020.
Citic Group, China Insurance Investment Co., China Life Management, China Cinda Asset Management are among the investors that have signed an investment agreement, the state-backed asset manager said late Wednesday.
Write to paul.larkins@dowjones.com
Expected Major Events for Thursday
04:30/NED: Jul Unemployment
06:00/SWI: Jul Trade Balance
06:30/NOR: 3Q Consumer Confidence
06:30/SWI: 2Q Industrial Production
07:00/SPN: Jun Trade Balance
08:00/EU: Jun Euro area balance of payments
08:00/NOR: Norges Bank monetary policy decision
08:00/ICE: Jul Harmonized CPI
08:00/POL: Jul PPI
08:00/POL: Jul Industrial Production Index
08:00/POL: Jul Agricultural prices
09:00/ITA: Jun Balance of Payments
23:01/UK: Aug UK Consumer Confidence Survey
All times in GMT. Powered by Kantar Media and Dow Jones.
Write to us at newsletters@dowjones.com
We offer an enhanced version of this briefing that is optimized for viewing on mobile devices and sent directly to your email inbox. If you would like to sign up, please go to https://newsplus.wsj.com/subscriptions.
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
08-19-21 0024ET