WSJ News Exclusive | Wall Street’s New Trade: Covid-19 Insurance Claims

[ad_1] Distressed-debt specialist Avenue Capital has snapped up part of Caesars’ pandemic-related insurance claim at a steep discount. [ad_2] Source link

AstraZeneca 1Q Profit Rose, But Decline in Covid-19 Drug Sales Hurt Revenue

[ad_1] AstraZeneca backed its 2023 guidance, after it posted a first-quarter profit of $1.8 billion, beating forecasts, but said revenue from Covid-19 medicines, including its vaccine, is expected to decline…

The Return-to-Normal Healthcare Trade Picks Up Pace

[ad_1] Healthcare is finally getting back to normal, which is good news for medical-device makers and hospitals, but not for insurers. [ad_2] Source link

Single Dose of Omicron-Targeting Vaccines to Become Main Covid-19 Shot in U.S.

[ad_1] Health The FDA also authorized a second Omicron-targeting booster shot for high-risk groups [ad_2] Source link

Chinese Economy Defies Naysayers

[ad_1] The country’s first-quarter growth shows that it is far from a spend economic force. [ad_2] Source link

China’s Economy Rebounds After Three Years of Zero-Covid Isolation

[ad_1] Economy Asia Economy Retail sales rose more than 10% in March from a year earlier, hinting at increased consumer confidence [ad_2] Source link

Inflation Tests a Global Economy That Has Weathered Covid-19, Ukraine War

[ad_1] Economy World leaders say economy is proving resilient, while IMF, World Bank warn how it could go wrong [ad_2] Source link

Bang & Olufsen Expects Covid-Related Challenges in China to Ease

[ad_1] Bang & Olufsen saw good demand in its fiscal third quarter and said it expected challenges in China to normalize, maintaining its full-year earnings and revenue guidance. [ad_2] Source…

China Consumer Price Growth Eases, Reflecting Caution on the Economy

[ad_1] Economy Asia Economy While the scrapping of Covid controls has opened up the economy, joblessness and an uncertain outlook have kept a lid on domestic spending [ad_2] Source link

The Pandemic Didn’t End Card Rewards. It Made Them Stronger.

[ad_1] Americans love their credit card rewards more than ever. For card companies, perhaps too much. When the Covid-19 pandemic halted travel—and travel spending—some speculated that it might also ground…