Pope Francis to leave hospital as soon as possible, says Vatican

VATICAN CITY, July 13 (Reuters) – Pope Francis is continuing his planned treatment and rehabilitation after intestinal surgery 10 days ago and will leave hospital as soon as possible, the Vatican said on Tuesday. The Vatican’s daily medical bulletin on the 84-year-old pope, who had part of his colon removed on July 4, also said […]
Heavy rain floods Zurich streets, causes travel chaos

ZURICH, July 13 (Reuters) – Switzerland suffered one of its heaviest rainfalls on record during a thunderstorm that caused flooding and travel chaos on Tuesday in its financial capital, Zurich. More than 4 cm (1.57 inches) of rain fell on Zurich overnight and over 3.1 cm of rain fell in 10 minutes on Waldegg, just […]
Merkel says COVID curbs to stay until more Germans get shots

BERLIN, July 13 (Reuters) – German Chancellor Angela Merkel warned on Tuesday that more people needed to be vaccinated against COVID-19 before restrictions could be lifted, following news that England will scrap nearly all curbs from next week. England will lift on July 19 the legal requirement to wear masks and for people to socially […]
Anger mounts after 92 killed in Iraq COVID hospital fire

NASSIRIYA, Iraq, July 13 (Reuters) – The death toll from a fire that tore through a coronavirus hospital in southern Iraq rose to 92, health officials said on Tuesday, as authorities faced accusations of negligence from grieving relatives and a doctor who works there. More than 100 people – patients and visitors – were injured […]
Moldova gets 500,000 doses of J&J’s COVID-19 vaccine from U.S. -State Dept.

The United States has sent 500,000 doses of Johnson & Johnson’s (JNJ.N) COVID-19 vaccine to Moldova as part of Washington’s coronavirus diplomacy to send surplus shots overseas to help fight the global pandemic, the U.S. Department of State said on Tuesday.
S.Korea COVID-19 vaccine rollout grinds to halt as new cases hit record high

South Korea’s rollout of COVID-19 vaccinations to people aged 55-59 has stuttered to a week-long halt after a record high number of new cases sparked a rush for shots, exhausting available supplies and crashing an official reservation website.
In South African COVID-19 ward, medics battle worst infection wave yet

JOHANNESBURG, July 13 (Reuters) – At an emergency COVID-19 ward run by a charity in southern Johannesburg, medics wheel gasping patients to their beds, rush from room to room with oxygen cylinders and pat the back of someone in the grip of a coughing fit. The scenes in the converted community hall are a reminder […]
JPMorgan’s profit more than doubles despite trading slump

JPMorgan Chase & Co (JPM.N) reported a 155% jump in profit on Tuesday, getting a boost from the release of loss reserves and a surge in dealmaking, even as the largest U.S. bank dealt with a sharp slowdown in trading activity from last year’s record-breaking levels.
Nasdaq hits record high as growth stocks rise; inflation data weighs

The Nasdaq index reversed early declines to hit a record high on Tuesday, helped by a rise in growth-linked megacap stocks and as earnings season kicked off on a positive note, while a solid rise in consumer prices in June weighed on sentiment.
EXCLUSIVE U.S. SEC focuses on bank fee conflicts as it steps-up SPAC inquiry -sources

The U.S. securities regulator has ramped-up its inquiry on Wall Street’s blank check acquisition frenzy, homing in on potential conflicts of interest created when banks act as underwriters and advisers on the same deal, three people with direct knowledge of the matter told Reuters.