US recession caused by the coronavirus pandemic lasted two months, making it shortest decline in history… The National Bureau of Economic Research, which is considered the official judge of when and how long the recession hit, said on Monday that the economy bottomed out in April 2020.
Andrew Lloyd Webber canceled the opening of his new musical in the West End Cinderella in front of a full audience, accusing the “dumb tool” of government self-isolation rules. The show’s evening performance on Monday, the day that all distance restrictions were lifted in England, was canceled after member of the actor tested positive…
Florida Congressman Verne Buchanan announced that he has tested positive for Covid-19 despite being fully vaccinated. The diagnosis is made against the background an increase in the number of coronavirus infections in Florida, which accounts for one in five new cases reported in the United States in the past week.
Iran will close two of its most important provinces, including its capital, as authorities are tightening travel restrictions across most of the country. The six-day closure since Tuesday focuses on Tehran and its neighbor Alborz and will close banks and government offices, adding travel bans to most of Iran’s provinces.
US theater owners hit Disney for directing a Marvel movie. Black Widow available simultaneously on the silver screen and its streaming platform. The National Association of Theater Owners has credited collapse of the second weekend in theater revenues ”to Disney’s decision to broadcast the film.
CEOs of mid-sized American companies became sharply optimistic on the outlook for the US economy and their own businesses, according to a study by JPMorgan Chase, which also casts doubt on forecasts of the defeat of the office real estate market. Business confidence is at its highest in a decade.
Stonegate, Britain’s largest pub group, is suing for losses incurred during the pandemic. in a bitter argument between the hospitality and insurance sectors. The company, backed by private equity group TDR Capital, is seeking £ 845m from MS Amlin, Liberty Mutual Insurance Europe and Zurich.
Taiwan approved its first domestically produced Covid-19 vaccine on Monday, spurring the country’s efforts to vaccinate 23.6 million people. The Committee of Health Representatives and Scientists provided emergency permission to MVC-COV1901, a vaccine developed by the Taiwanese pharmaceutical company Medigen.