-
Amaze Holdings (NYSE: AMZE) Executes Binding LOI to Acquire BullionFX | Alchemy, a Decentralized Gold-Backed Financial Ecosystem for Valued at US$155 Million
-
Vana Completes Expanded Staking as Part of the Vega Upgrade, Publishes Expanded VANA Token Economics
-
Clashes between French teens, police as school blockades intensify
-
Spain to cap gas price hikes, extend fuel discounts
-
Stocks move sideways despite oil moving lower
-
'We just need rain': Germany's Rhine river hits new low
-
African leaders to gather in Egypt for business summit
-
Yemen health system at 'breaking point': WHO
-
UK decides against charging foreign visitors for museums
-
Ireland undecided on second Israel match: coach
-
Dallaglio to sell England World Cup winners' medal
-
France's Le Pen defiant after top ally hit by antisemitism claims
-
Brazil come from behind to beat Australia 4-2 in friendly
-
Tom Cruise trades stunts for satire as toxic tycoon 'Digger'
-
Ruthless An retains Asian Games badminton crown as Kunlavut triumphs
-
MEXC Unveils "WE SEE YOU" Brand Visual Refresh, Putting People Behind Every Trade in Focus
-
Alonso to stay with F1 team Aston Martin in 2027
-
Thai capital cleans up after deadly floods
-
China badminton 'still strong' despite Asian Games slump
-
NATO, EU allies rally to Estonia after 'sabotage' blamed on Russia
-
'Exceptional' Turner painting shown in Rome before sale
-
Families demand justice for Cameroon's 'nightmare' wave of murdered women
-
European stocks climb as oil dips
-
Tebas says Man City should face 'most severe' sanctions if guilty of rule breaches
-
Spain aims to ban evictions until 2030 amid housing protests
-
Pochettino calls Man City success 'a period of deception'
-
Kunlavut first Thai man to win Asian Games badminton singles gold
-
Settler attack on West Bank village injures Israeli forces, drawing rare rebuke
-
French far right says antisemitism claims part of 'total war' to derail presidency bid
-
Mystery over UK airbase scare after reports no explosives found
-
'Gift from God': Rain brings relief from Indonesia toxic haze
-
Spanish govt races to adopt housing law under protest pressure
-
Ex-world snooker champion jailed for 7 years for child sex crimes
-
Estonia slams Russian 'sabotage' after arson attack on defence company
-
French teens clash with police as school blockades intensify
-
Slovenia sees surge in '.si' sites after Trump hypes 'super intelligence'
-
FIFA accuses UEFA of 'misinformation campaign' in bid for World Cup papers
-
'Like a dream' for An as Games organisers 'sorry' for latest mix-up
-
Myanmar airstrike toll hits 50 as families gather dead
-
Tokyo suffers longest streak of rainy days on record
-
STARTRADER Raises Lloyd's of London Client Fund Insurance to USD 30 Million in Aggregate
-
Indonesia charges train driver over crash that killed 16 women
-
North Korean DMZ landmine blasts 'violation of armistice': Seoul
-
Ruthless An makes history to retain Asian Games badminton crown
-
Sabalenka 'fresh' for first tournament since losing No.1 spot
-
Australian central bank lifts key interest rate to 15-year high
-
Myanmar airstrike death toll rises to 50: aid workers
-
Polo makes landfall in Mexico as Category 3 hurricane
-
North Korean DMZ landmine blast 'violation of armistice'
-
South Korea team latest to be bussed to wrong Asian Games venue
Shanghai warns against 'panic' as Covid cases mount
Shanghai authorities on Wednesday called for calm as worried citizens swamped online grocery platforms to stock up on food over fears of impending lockdowns in a city struggling to halt a Covid spike.
China is experiencing its worst Covid-19 outbreak since the start of the pandemic more than two years ago, with Shanghai posting record-high case counts as the highly transmissible Omicron variant frustrates authorities.
China's biggest city on Wednesday reported 981 cases -- all but four of them asymptomatic -- a number that dwarfs any previous daily tally in the city and which is nearly one-fifth of the day's national total.
Shanghai has responded to the outbreak with targeted residential lockdowns in areas with confirmed cases or close contacts.
There are growing public fears of more local lockdowns or stay-at-home orders for the entire city of roughly 25 million people.
Public concern has spiralled in the city in recent days and residents have taken to social media to air their frustrations.
They have complained about unclear government messaging, alarmist posts about expanding test sites and impending lockdowns, and the announcement that at least two indoor arenas in the city had been converted into mass-quarantine sites.
"We hope that everyone will not believe or spread rumours, and especially do not maliciously spread rumours that cause panic in society," Wu Jinglei, head of Shanghai's health commission said at a daily briefing.
Stores have seen bustling business as consumers stock up, and social media images circulated late Tuesday showing crowds of shoppers converging on outdoor vegetable markets. The images could not be independently verified.
Online shoppers on Wednesday posted complaints that platforms were crashing under the strain or that some goods were unavailable.
Spokeswoman for online grocery platform Dingdong Maicai, Chen Ying, acknowledged the company was under pressure as online demand had "surged".
The coronavirus first emerged in the city of Wuhan in late 2019 but China has largely kept it under control through its tough zero-Covid strategy.
Authorities had recently suggested a lighter approach to minimise public and economic disruptions.
But Omicron is straining those plans, particularly as Beijing nervously watches a deadly Hong Kong Omicron surge that sparked panic buying and has claimed a high toll in the unvaccinated elderly.
Mainland health officials last week revealed that only around half of Chinese aged over 80 have been double-vaccinated.
Shanghai shut schools for nearly two weeks but has avoided the sort of citywide lockdown implemented in some northeastern cities hit by the current outbreak.
But the spectre of suddenly being confined at home for anything from two to 14 days has sowed public anxiety among Shanghai's population.
Chinese media reported that some financial traders in Shanghai and Shenzhen had been staying overnight in their offices to avoid being sequestered at home.
G.P.Martin--AT