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CDC reverses indoor mask policy, saying fully vaccinated people and kids should wear them indoors

The Centers for Disease Control and Prevention recommended Tuesday that fully vaccinated people begin wearing masks indoors again in places with high Covid-19 transmission rates. The agency is also recommending kids wear masks in schools this fall. Federal health officials still believe fully vaccinated individuals represent a very small amount of transmission, according to people …

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Hong Kong’s Hang Seng index falls more than 8% in two days as China tech stocks continue to crumble

SINGAPORE — Hong Kong markets continued selling off on Tuesday, extending losses from Monday. The broader Asia-Pacific markets, meanwhile, were mixed. The broader Hang Seng index in Hong Kong briefly fell more than 5% in Tuesday afternoon trade before paring some of those gains, eventually closing 4.22% lower at 25,086.43. The index has fallen more …

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Budget airline Ryanair posts 273 million euro loss as Covid continues to wreak havoc

A Ryanair aircraft Boeing 737-800 prepares to take off at Krakow Airport. Omar Marques | Getty Images News | Getty Images LONDON — Low-cost airline Ryanair said Monday that it’s still facing a “challenging” environment and that it might finish the fiscal year “somewhere between a small loss and breakeven” as Covid-19 restrictions linger. The …

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Hong Kong’s Hang Seng index drops more than 2%; China tech shares plunge as regulatory pressure lingers

Mixed Asia-Pacific markets Elsewhere, Asia-Pacific markets were mixed. Returning to trade following holidays on Thursday and Friday, the Nikkei 225 in Japan jumped 1.22% in Monday morning trade while the Topix index advanced 1.21%. Mainland Chinese stocks declined, with the Shanghai composite down about 1% while the Shenzhen component fell 1.064%. South Korea’s Kospi edged …