A health worker takes a patient's temperature at a Covid-19 testing site in Los Angeleson July 24.
Photographer: Valerie Macon/AFP via Getty Images
Photographer: Valerie Macon/AFP via Getty Images
The U.S. governments top infectious disease expert, Anthony Fauci, said he was cautiously optimistic that the world will have answers about a vaccine by late fall after drugmakers reported progress on their shots. Florida reported a record number of deaths and hospitalizations.
Following a steady rise in cases in tourism-reliant Spain, Madrid reacted with anger to travel curbs imposed by the U.K., which is now considering ways to scale back the rules following the backlash.
Beijing confirmed a new case after going weeks without any, while Hong Kong is considering a delay in legislative elections. Malaysia and Tokyo also saw an increase in cases and Vietnam is battling a flare-up.
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Madrid is joining other regions of Spain in ordering the use of face masks in public spaces, including in bars and restaurants. Gatherings in the region that includes the Spanish capital will be limited to 10 people, and capacity in eateries will also be reduced.
With more than 8,400 Covid-19 deaths since beginning of the pandemic, Madrid was perhaps the countrys hardest-hit region in sheer numbers, although Catalonia has caught up in infections.
Florida reported a record 186 new Covid-19 deaths among residents Tuesday, bringing the cumulative total to 6,117. Hospitalizations also rose by a record 585 to a cumulative 24,917, according to the health department report, which includes data through Monday. The state reported 441,977 Covid-19 cases, up 2.1% from a day earlier, compared with an average increase of 2.6% in the previous seven days.
The U.K. is considering ways to scale back its quarantine rules after restrictions on trips to Spain provoked a backlash from tourists, airlines and the government in Madrid.
Plans being examined by officials in London include abandoning the blanket rules applying to travel across whole countries in favor of regional restrictions, and reducing the number of days passengers arriving back home in Britain will need to stay in quarantine, according to Transport minister Charlotte Vere.
Prime Minister Pedro Sanchez responded angrily to the U.K. ratcheting up its travel curbs to include popular Spanish holiday islands. He urged the U.K. to find the correct balance based on the data.
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I dont believe they need to stop, but we just need to follow this and see what happens with other teams on a day-by-day basis, Fauci said in an interview on ABCs Good Morning America. After 12 Miami Marlins players and two coaches tested positive for Covid-19, according to ESPN, the team canceled its home opener.
You just have to watch this, it could put it in danger, Fauci said of the Miami team outbreak and the baseball season. Asked if the NFL will have to operate in a bubble, Fauci said thats possible.
Fauci also said he was cautiously optimistic that when we get into the late fall we will have an answer about a vaccine. He agreed with the Food and Drug Administrations guidance that hydroxychloroquine isnt effective against the virus.
Cases have been rising at a higher rate in the Netherlands. The number increased by 1,329 between July 22 and July 28, according to the RIVM Dutch National Institute for Public Health and the Environment. Thats up from 987 added in the previous week.
The reproduction number rose to 1.40 from 1.29 the week before. At the same time, fatalities have risen at a much slower pace - 6,160 as of the latest update on Tuesday, up from 6,124 a month ago, according to data collected by Johns Hopkins University and Bloomberg News.
Health authorities in the Philippines warned that hospitals and infirmaries risk getting overwhelmed as coronavirus-related admissions are rising.
Covid and non-Covid beds are close to 50% capacity nationwide, falling into the Health Departments warning zone, Undersecretary Maria Rosario Vergeire said in a virtual briefing. The Philippines added 1,678 new cases, bringing the total count to 83,673, the second-highest in Southeast Asia.
Greece reintroduced compulsory wearing of masks from July 29 in all stores, banks, doctors surgeries, elevators, hairdressers and beauty salons as well as in all customer service offices of utility companies, Deputy Citizen Protection Minister Nikos Hardalias said.
Irans daily death toll from the virus hit a new high of 235, up from the previous record of 229 on July 21. Total deaths reached 16,147, while the number of infections rose by 2,667 to 296,273.
Russia begun clinical testing of a second potential Covid-19 vaccine, the head of the countrys public health watchdog, Anna Popova, said in an online conference. The vaccine, developed by the Novosibirsk-based Vector lab, is synthetic and therefore should minimize negative reactions, according to Popova.
The lab started Phase 1 and Phase 2 testing simultaneously on Monday, she said. Phase 3 testing of a vaccine made by the state-run Gamaleya Institute in Moscow and the Russian Direct Investment Fund is scheduled to begin in Russia, Saudi Arabia and the United Arab Emirates next week.
Hong Kongs government is considering postponing the upcoming legislative elections, the Hong Kong Economic Times reported, after a sudden surge in coronavirus cases raised new questions about the September vote.
Authorities reported 98 local infections on Tuesday, a slight ebb after the city found more than 100 local cases for six consecutive days. Among these local cases, about half -- 50 -- are of unknown origins, showing that hidden chains of transmission are still surfacing.
The Asian financial hub is implementing its strictest-ever social distancing rules amid the growing outbreak. The city will ban all dine-in service at restaurants and public gatherings of more than two people not from the same family starting Wednesday.
People wearing protective masks walk past market stalls in the Sham Shui Po district in Hong Kong, July 24.
Malaysia reported the highest daily increase in new cases in six weeks, days after the government took steps to prevent a resurgence.
The country confirmed 39 new infections on Tuesday, the most since June 15, of which more than half were local transmissions, according to the health ministry. Nineteen of the new cases were found in the eastern state of Sarawak, which is imposing limits on peoples movements from Aug. 1 to 14 to curb the spread.
The European Central Bank extended a de facto ban on banks returning capital to shareholders and urged them to show restraint on bonuses amid the coronavirus outbreak, dealing a blow to some lenders that had lobbied to resume business as usual. Separately, the Bank of England said it will also conduct a review at the end of the year of any plans by Britains biggest banks to pay dividends or resume buybacks.
Both central banks had told lenders in March to conserve capital as lockdowns to combat the pandemic brought the economy to a standstill. While the move was painful for some companies and their investors, the ECB indicated it was a trade-off for unprecedented regulatory relief it had granted them to weather the crisis.
The European Central Bank extended a request that banks hold off on returning capital to shareholders and show moderation in setting bonuses amid the coronavirus outbreak. Nicholas Comfort reports on Bloomberg Surveillance.
The recent uptick in German cases is a major cause for concern and sticking to hygiene and distancing rules remains crucial, according to Lothar Wieler, the head of the nations public health institute. There have been more than 3,600 new cases in the past seven days, taking the total to more than 206,000, Wieler said Tuesday at a news conference. That compares with a daily increase of almost 7,000 at the height of the outbreak at the end of March.
The latest trend in Covid-19 infections is very worrying for me, and for all of us at the Robert Koch Institute, Wieler said.
Spains national statistics agency said the nations unemployment rate rose in the second quarter, with the number of jobless increasing by 55,000 to 3.37 million workers. That pushed up the unemployment rate to 15.33% from 14.4% in the prior three months.
Spain's unemployment rate is going to spike again this year
Source: INE, Bloomberg surveys
Shoppers spurned luxury goods and snapped up disinfectants last quarter as the pandemic shuttered high-end shops across Europe and North America and raised concerns about hygiene. French luxury giant LVMH -- owner of the Louis Vuitton and Christian Dior brands -- reported earnings that missed analysts estimates even as sales in China rebounded. Moncler SpA, known for its high-end ski jackets, also fell short of forecasts.
Reckitt Benckiser Group Plc, the maker of Dettol and Lysol, saw rising demand for its cleaning products lift revenue above estimates. Delivery Hero SE raised its full-year guidance as orders for home food delivery jumped.
Niklas Ostberg, chief executive officer at Delivery Hero SE, discusses the companys record growth in the second-quarter, the impact of coronavirus on his business and the industry and his expansion plans. He speaks on Bloomberg Markets: European Open.
Chinas bat woman lashed out at Donald Trump, saying the U.S. president owes her country an apology as she again denied assertions that the novel coronavirus is linked to the Wuhan lab where she works.
Shi Zhengli, deputy director of the Wuhan Institute of Virology, said in an interview published in Science magazine that she and her colleagues encountered the virus in December last year, when reports of the disease first emerged in the city. She said the lab hadnt seen or studied the virus before that.
Tokyo confirmed about 270 new cases of coronavirus Tuesday, Nikkei reported, citing an unidentified person. Thats more than twice the 131 cases the Japanese capital found Monday.
Aichi prefecture in central Japan, home to companies including Toyota Moto Corp., confirmed 109 coronavirus cases Tuesday, NHK reported in a flash headline, a daily record for the area.
New York health authorities will investigate a Hamptons charity concert opened by Goldman Sachs chief David Solomon and headlined by the Chainsmokers after footage showed crowds of partiers, according to Governor Andrew Cuomo.
Cuomo said he was appalled by egregious social distancing violations seen in videos of the Saturday night event in Southampton. We have no tolerance for the illegal & reckless endangerment of public health, Cuomo said, noting the Department of Health will lead the inquiry.
New York health authorities will investigate a Hamptons charity concert opened by Goldman Sachs chief David Solomon and headlined by the Chainsmokers after footage showed crowds of partiers not social distancing, according to Governor Andrew Cuomo. Su Keenan reports on Bloomberg Markets: Asia.
Masks are back on in Vietnam as the government scrambles to contain an unexpected flare-up in community infections after officials reported 15 new cases in three days from the central coast region.
The startling news, which began on Friday with a suspected case and carried over into the weekend with four new patients, underscored the unrelenting nature of the pathogen. Vietnam had all but claimed victory over the virus, having gone almost 100 days without a new local patient.
Beijing reported one new coronavirus case on Tuesday, its first in 21 days, reflecting the fragility of the Chinese capitals success at stamping out infections earlier this month.
The new case is linked to the outbreak in the northeastern port city of Dalian, where more than 40 people have become infected. The cluster, which first started from a man working at a seafood processing plant, has also spread to other northeastern provinces as well as Chinas southern Fujian province.
The infection threatens to undercut Beijings efforts that brought new cases to zero after a local outbreak that started last month infected over 300 people. Authorities had started to relax restrictions in the capital after aggressive testing and targeted lockdown measures, but resurgences elsewhere in China may now pose a threat to normalization.
With assistance by Mark Schoifet, Iain Rogers, Jinshan Hong, Jake Rudnitsky, Paul Tugwell, Arsalan Shahla, Kathleen Miller, Andre Janse Van Vuuren, Michael Smith, and Thomas Gualtieri
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Coronavirus Outbreak: Live Updates and News for Jul. 28, 2020 - Bloomberg
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