Oil fell as traders assessed an uneven recovery in demand, with U.S. stockpiles dropping but concern about consumption in virus-hit India.
Welcome to Thursday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
Moderna Inc. said mid-stage trials showed its booster shots were effective against strains of the coronavirus that emerged from Brazil and South Africa. Canada became the first nation to clear the Pfizer-BioNTech coronavirus vaccine for adolescents.
A bipartisan group of U.S. House lawmakers is asking the Biden administration to seek the elimination of Vietnam’s tariffs on American pork and address other restrictions as it engages with the Southeast Asian country over currency and trade practices.
Forbes Media LLC has entered exclusive talks to be acquired by a group led by Michael Moe’s GSV Asset Management, in a deal that values the business-news publisher at more than $600 million, according to people with knowledge of the matter.
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