Hong Kong hospitals hit 90 percent capacity as virus cases surge

Hong Kong hospitals hit 90 percent capacity as virus cases surge

HONG KONG — Hong Kong’s hospitals reached 90 percent capacity on Thursday and quarantine facilities were at their limit, authorities said, as the Chinese territory struggled to snuff out a record number of new Covid-19 cases by adhering to China’s “zero tolerance” strategy. To ease the strain on the city’s healthcare system, officials said they … Read more

Long lines at testing centers as virus cases surge in Hong Kong

Long lines at testing centers as virus cases surge in Hong Kong

HONG KONG — The Chinese territory of Hong Kong reported 986 new coronavirus infections on Thursday as authorities scramble to contain an outbreak that medical experts warn could see 28,000 daily cases by the end of March, with the unvaccinated elderly a particular worry. The rise in cases, up tenfold since Feb. 1, is proving … Read more

Why do companies buy back shares? BP set for share buyback after profits surge

Why do companies buy back shares? BP set for share buyback after profits surge

Energy giant BP has reported record soaring profits on the back of rocketing gas and oil prices, sparking anger as millions of UK households face eye-watering utility bills. The multinational oil and gas producer announced that its annual profits hit an eight-year high of $12.8 billion (£9.45 billion) in 2021, as wholesale energy prices shot … Read more

In This Latest Covid Surge, Americans Are Struggling to Make Ends Meet Without Sick Leave

In This Latest Covid Surge, Americans Are Struggling to Make Ends Meet Without Sick Leave

About a quarter of workers don’t get paid sick leave at work. (Jeffrey Greenberg / Education Images / Universal Images Group via Getty Images) Subscribe to The Nation Subscribe now for as little as $2 a month! Thank you for signing up for The Nation’s weekly newsletter. Thank you for signing up. For more from The … Read more

Ukraine crisis: Russian tanks surge to border as live-fire drills held near Ireland

Ukraine crisis: Russian tanks surge to border as live-fire drills held near Ireland

Russian soldiers and tanks have gathered in the Belarusian town of Kalinkavichy, which lies across the border from Kiev and could be a launching pad for an invasion Russia: Northern Fleet warships practice missions in Norwegian Sea Russian firepower continues to pour towards the Ukrainian border, despite the Kremlin dismissing “absurd” claims that it wants … Read more