laitimes

"1.13" Today's Financial Times and Important Market Information

author:Aohua Finance Online
"1.13" Today's Financial Times and Important Market Information

【Financial News】

The daily increase of 100,000 new crown cases leads to a supply chain crisis, and the abolition of working hours limits for international students alleviates the severe labor shortage

The 100,000-day COVID-19 epidemic has spread across Australia, and the 100,000-day covid-19 cases have not only caused panic among the people, but also slowed down the economy that has just recovered, and many key industries have caused serious labor shortages due to the high rate of employee absenteeism caused by the epidemic isolation policy, and the normal operation of the supply chain has been seriously threatened. (For details, see "Australia has more than 102,000 new cases in a single day and is expected to rise significantly in NSW cases")

Australian Prime Minister Scott Morrison will propose at a cabinet meeting today that in order to alleviate the severe labor shortage, the work visa regulations for 400,000 international students will be temporarily relaxed, and the 40-hour working hour limit for migrant students in the affected industries will be lifted every two weeks.

Morrison will pressure states to eliminate the requirement that truck drivers cross state borders must provide a rapid antigen-negative certificate.

At the same time, the federal government will determine a list of basic services based on the recommendations of the health department to ease the segregation rules in industries such as health care, elderly care, child care and construction to alleviate job pressure.

NSW introduces new regulations Positive COVID test results must be reported to the NSW Department of Services for registration

According to the NSW state government, people who test positive for the Rapid Antigen Test must report to the NSW Department of Service NSW.

NSW Governor Dominic Perrottet pointed out that the newly introduced registration regulations are one of the important measures to respond to and control the pandemic.

Governor Perot said: "NSW residents can register their test results via the NSW Services website or the Service NSW mobile app in just a few simple steps. ”

"Registering your rapid antigen test results will help the NSW Department of Health provide advice on self-isolation at home and control of symptoms of COVID-19 virus infection, find appropriate clinical care services for people at high risk, and guide the development of public health response policies."

Most people no longer currently need to undergo a PCR nucleic acid test to confirm that they are COVID-19 positive.

Health Minister Brad Hazzard reminded the public that reporting results for a registered positive rapid antigen test would be a mandatory requirement of a public health order.

Minister Khazad said: "The main purpose of this provision is to be able to ensure that individuals receive appropriate public health advice while helping us to closely monitor the development of the outbreak. ”

If you're under the age of 65, have received two doses of your vaccine, and don't have any chronic illness or pregnancy, you may be able to safely control COVID-19 at home.

Digital and customer service minister Victor Dominello said ensuring privacy and security was an important part of the newly introduced registration feature.

Minister Dominello said: "At the heart of building this technology is trustworthiness and security. All records will be transferred directly from NSW Services to NSW Health and will not be shared with any third party. In addition, the relevant data will be deleted from the NSW Service database within a few days. ”

"While more than 7 million people in NSW currently have opened NSW Services accounts, we are also committed to making this service available to residents who have not yet created an account. Anyone who needs help can contact NSW Services on 13 77 88. ”

Most people develop mild symptoms after contracting the virus that causes COVID-19 and recovers after a few days. Some patients don't even have any symptoms.

In the 24 hours as of 8 p.m. on Wednesday yesterday, NSW had 30,877 new confirmed cases (previously 34,759) and 61,387 confirmed cases with rapid detection, for a total of 92,264. As a result of the implementation of the new case statistics system, 61,387 cases were confirmed by rapid testing after 1 January, of which 50,729 cases were test results in the past seven days. For details, see "The implementation of the new regulations in NSW has soared 92264 cases, 22 people have died of illness, hospitalization and death of patients have reached a new high in the epidemic"

You can contact your own GP for consultation, or for pregnant women or people with chronic medical conditions, you can call the NSW Ministry of Health COVID-19 Home Care Helpline on 1800 960 933.

Stay up to date on covid-19 at nsw.gov.au

Experts cautioned that Australia should carefully consider whether to launch a central bank digital currency

Experts caution that if Australia launches a central bank digital currency, it may cause a series of problems such as conventional currency instability.

With the attempt of central bank digital currency (CBDC) in many countries around the world, Australian Finance Minister Fredenberg plans to carry out reforms and strengthen supervision around cryptocurrencies, including brewing a central bank digital currency issuance plan. The RBA has released the central bank's digital currency "Atomic Project" report, and its governor, Loy, is said to support the adoption of token payment methods.

According to the Australian newspaper, Citing Dimitrios Salampasis, a blockchain currency expert at Swinburne University of Technology in Melbourne, CBDCs have the effect of protecting fiat currencies, but at the same time have the potential to destabilize the financial system. People may take money from commercial banks and deposit it in the form of digital cash in central banks, which will eventually "drag down all retail banks".

Salampasis also pointed out that there is no consensus on whether blockchain should be the underlying technology of CBDCs. Blockchain currencies, which are managed by the central bank for sovereignty, are themselves contrary to the principle of blockchain decentralization.

Barney Tan, an associate professor at the University of Sydney Business School, said countries such as China, South Korea and Brazil had said they would launch digital currencies this year, and the traceability of digital currencies meant that illegal payments could be reduced. As for whether it will replace fiat or physical currency in the future, it is only a guess at present.

But Tan agreed with Salampasis, who said the introduction of a central bank digital currency in Australia would "lose its intermediary" to payment intermediaries such as retail banks and Visa, which means that the launch of an Australian version of the digital currency will require a lot of discussion and there is still a long way to go.

Job vacancies in Australia hit record highs across industries facing continued hiring woes

Australian Bureau of Statistics (ABS) figures showed that in the three months to 30 November, job openings in Australia reached a record 396,100, a quarterly increase of 18.5 per cent.

"1.13" Today's Financial Times and Important Market Information

Of these, 60,200 were in the healthcare and social assistance sector, 45,800 in the accommodation and food services sector, 39,900 in the administration sector, 37,100 in the professional and scientific services sector and 29,500 in the manufacturing sector.

Bjorn Jarvis, head of labour statistics at the Australian Bureau of Statistics, said: "These data continue to show that the demand for labour in businesses that have just emerged from lockdowns remains strong, while industries, especially low-wage ones, face a persistent labour shortage." He expects that the number of job openings will continue to break records during the pandemic.

Investa: Demand for prime office space in Australia remains strong Market value will continue to strengthen

The 2022 Office Market Outlook report released by Australian real estate investment trust company Investa shows that the Australian office capital market is expected to continue to improve in 2022 due to the strong potential demand for office assets and the good outlook for the leasing market.

In the six months to December, net absorption of quality office buildings in Australia's CBD increased by 197,000 sqm, while net absorption from the secondary office market decreased by around 64,000 sqm as COVID-19 restrictions eased and staff returned.

"1.13" Today's Financial Times and Important Market Information

David Cannington, head of research and strategy at Investa, said that even though the current flexible way of working has led to a partial decline in demand, the demand for quality office buildings will continue to grow as economic growth and employment increase.

Australia's CBD will see 245,000 square metres of new office space in 2021, of which 76 per cent have been pre-leased, according to the report.

Investa said that on the one hand, the demand for high-quality office buildings in major capital cities continues to rise, on the other hand, given that interest rates are still at a historic low, global investors prefer assets with stable value and higher rates of return, which will further increase the capital value of high-quality office buildings.

The Australian government plans to increase the working hours of international students to alleviate the shortage of labor

Australian Prime Minister Scott Morrison will present plans at a federal cabinet meeting on Thursday to increase the number of hours spent working for international student visa holders in some industries.

It is reported that in industries that meet the regulations, the legal working time of international students is expected to increase from 40 hours in two weeks to 80 hours. It is estimated that 400,000 international students may benefit from it.

Last year, the Australian government increased the working hours of foreign visa holders in the fields of tourism reception and agriculture to alleviate the labor pressure caused by the border closure.

In the three months until November 30 last year, the number of job vacancies in Australia rose by 18.5 per cent to 396,100, a record high, according to data released by the Australian Bureau of Statistics on Wednesday.

The closure of more than 500 preschool education centers in Australia has exacerbated the shortage of labor

According to statistics, due to the outbreak of the Omiljung virus, more than 500 preschool education centers in Australia have been closed, and many parents have been unable to work because they have to take care of their children at home, which has exacerbated the labor shortage.

In NSW, Sydney has 280 preschool centres closed. Goodstart Early Learning, Australia's largest preschool education chain, has hundreds of employees quarantined due to the pandemic, and its operations have encountered severe challenges. Nesha Hutchinson, vice-president of the Australian Alliance for Early Childhood Education, warned that more early childhood centres would be forced to close due to manpower shortages.

Citibank: The use of the Buy Now, Pay Now platform in Australia fell in December last year

According to data released by Citibank, access and usage of Afterpay and Zip fell in December last year, with Zip downloads plummeting by 37% year-on-year and Afterpay falling by 2% year-on-year, showing that Australia's "buy now and pay later" sector was weak during the year-end shopping season.

Citibank estimates that in Australia and New Zealand, visits to the Zip website fell 11 percent in December and Afterpay fell 6 percent. Visits to LatitudePay and Humm plummeted by 49% and 17%, respectively. But the data doesn't take into account some scenarios, such as customers using merchant apps directly.

Zip shares rose 2 per cent to $4 on Wednesday, though they have fallen more than 7 per cent this year. Afterpay rose 4.8 per cent to $77.

Victoria saw a surge of 37,169 COVID-19 cases and 25 deaths

Victoria had 37,169 new COVID-19 cases (previously 40,127) as of last night, a decrease of 7.37% (previously 5.61%) from the previous day, and 25 deaths. Yesterday there were 62,406 PCR tests (previously 61,630). Active cases 221,726 (previous value 209,715), a significant increase from the previous value.

There are currently 953 hospitalized patients (previously 946) in Victoria, 111 (previously 112) in ICU, and 25 in need of ventilators. The number of hospitalized patients increased slightly, and the number of severely ill patients decreased slightly.

As of last night, the three-dose vaccination rate for Victorians over 18 years of age has exceeded 20%, and the two-dose vaccination rate for people over 12 years of age has exceeded 93%.

"1.13" Today's Financial Times and Important Market Information

Victorian Ministry of Health

The implementation of the new regulations in NSW has increased by 92,264 cases, and 22 people have died of illness Hospitalization and death of sick patients have hit a new high for the epidemic

In the 24 hours as of 8 p.m. last night, NSW had 88,164 nucleic acid tests (previous value 134,441), 30,877 new confirmed PCR cases (previous value 34,759), a decrease of 11.17%, and 61,387 confirmed RAT cases with rapid detection, for a total of 92,264 cases. Since the covid-19 pandemic, the total number of cases in NSW has reached 566,164.

There were 22 deaths, a record number of deaths in a single day since the outbreak. 13 males and 9 women: 1 in their 60s, 8 in their 70s, 7 in their 80s, 5 in their 90s, 1 in their 100s; 14 unvaccinated; 7 from Sydney's south-west, 7 from North Sydney, 3 from Sydney's south-east, 2 from Sydney's inner suburbs, 1 from the eastern suburbs, 1 from the Central Coast and 1 from Cessnock.

Since 16 June 2021, 743 covid-19-related deaths have been seen in NSW, compared to 799 since last year's outbreak.

Currently, the NSW Ministry of Health has a total renewal hospitalization of 2,383 (previously 2,242) and 182 (previously 175) patients are in intensive care at the ICU. Both hospitalized and critically ill patients have increased, and the number of hospitalized patients has reached a new high since the outbreak.

"1.13" Today's Financial Times and Important Market Information

Source: NSW Ministry of Health

As of 11 January, the one-dose vaccination rate for residents over 16 years of age in NSW has reached 95.1 per cent, the two doses have reached 93.7 per cent and the three doses have reached 21.6 per cent. 81.7 per cent of adolescents aged 12 to 15 years were given one dose and 78.2 per cent were given two doses. 4% of children aged 5 to 11 years have received one dose of the vaccine.

NSW had received 14,295,844 doses of the vaccine as of 11.59pm on Tuesday 11 January, of which 4,545,396 doses had been assisted by the NSW Health Department and 9,750,448 doses had been assisted by the GP network and other providers. The NSW Ministry of Health encourages all eligible residents to make timely appointments for vaccinations or boosters at designated clinics or other providers.

NSW Health Department data show that of the 30,541 PCR test cases as of 8pm on 12 January, 6080 were from LHD in Sydney's South West Health District, 4929 from Sydney West LHD, 3655 from South East Sydney LHD, 2873 from Sydney LHD, 2841 from North Sydney LHD, 2491 from Hunter New England LHD and 1506 from Nepean Blue Mountains LHD, 1424 from Central Coast LHD, 1396 from Illawarra Shoalhaven LHD, 776 from NSW LHD, 653 from Murrumbidgee LHD, 552 from NSW LHD, 472 from NSW North Coast Central LHD, 229 from NSW South LHD, 20 from NSW Far West LHD, 13 from Correctional Institutions, Two cases are from hotel isolation and the source of 629 cases has not been determined.

As the new case statistics system was implemented on the first day yesterday (12 January), 61,387RAT cases were confirmed by rapid testing after 1 January, of which 50,729 were test results from the past 7 days. Some positive test results may be repeated.

Anyone who tests positive for the RAT virus will need to register your results with the NSW Service NSW through the website or app as required, and the NSW Ministry of Health will provide you with recommendations for self-isolation and treatment of COVID-19 symptoms at home, provide clinical care services to high-risk populations, and help inform of ongoing public health responses.

Epidemic update link: https://www.health.nswgov.au/news/Pages/2021-nsw-health.aspx

The three major U.S. indexes closed slightly higher Hot Chinese stocks and new energy vehicle stocks rose collectively

According to the Oriental Wealth Research Center, on Wednesday, eastern time, the three major U.S. stock indexes closed slightly higher, as of the close, the Dow rose 38.30 points at 36290.32 points, an increase of 0.11%; the Nasdaq rose 34.94 points at 15188.39 points, up 0.23%; the S&P 500 index rose 13.28 points at 4726.35 points, up 0.28%. On the disk, new energy vehicle stocks rose collectively, Tesla rose nearly 4%, Faraday Future rose more than 6%, Xiaopeng Motors, Weilai rose more than 5%, Ideal Automobile rose more than 3%; popular Chinese stocks continued to rise, education stocks led the rise, NetEase Youdao rose more than 9%, Good Future rose nearly 8%, Gaotu, Alibaba rose nearly 4%, NetEase, Vipshop, Weibo, New Oriental rose more than 2%.

Major European stock indexes rose collectively

According to the Oriental Wealth Research Center, on Wednesday, European time, the main European stock index collectively rose, as of the close, the British FTSE 100 index closed at 7552.00 points, up 60.63 points from the previous session, an increase of 0.81%; the French CAC40 index closed at 7237.19 points, up 53.81 points from the previous session, an increase of 0.75% Germany's DAX30 index closed at 16,010.32, up 68.51 points, or 0.43%, from the previous session.

U.S. inflation continues to hit a 39-year high that set the stage for the Fed to raise interest rates in March

According to the Oriental Wealth Research Center, U.S. consumer prices have soared at the fastest pace in nearly 40 years, emphasizing the need for the Fed to withdraw from loose monetary policy as soon as possible, and also creating conditions for the central bank to raise interest rates as early as March this year. According to data released by the U.S. Bureau of Labor Statistics on Wednesday (January 12), the consumer price index (CPI) rose 0.5% month-on-month in December 2021, above the expectation of 0.4%, which made the data rise 7% year-on-year as expected, the largest year-on-year increase since June 1982, and up from 6.8% in November.

Fed Beige Book: U.S. economic activity expanded modestly in the final weeks of 2021

According to the Oriental Wealth Research Center, the Federal Reserve's Beige Book said that U.S. economic activity expanded moderately in the final weeks of 2021. Supply chain problems and labor shortages persist and remain constrained by economic growth. The employment population has increased modestly, but demand for additional workers remains strong. Consumer prices continued to rise steadily in most local Fed territories, but some feds noted a slowdown in price growth compared to previous months.

Some new energy vehicle companies have taken advantage of the fire to "raise prices" and have been planning for a long time or have other hidden feelings

According to the news of the Oriental Wealth Research Center, recently, new energy vehicles ushered in a wave of "price increase tide", and unlike in the past, this wave of "price increase tide" came to "surging surging ", with a high price increase range, involving a wide range of brands. It is understood that the participation in the price increase includes not only wholly foreign-owned brands such as Tesla, but also new car-making forces such as Xiaopeng, as well as traditional automobile manufacturers such as FAW-Volkswagen and GAC Aean. The vehicles involved have not changed significantly in terms of configuration, and the price increase ranges from thousands of yuan to tens of thousands of yuan.

Apple never mentioned meta-universe Investors began to imagine its prospects

According to the Oriental Wealth Research Center, the current global hot "metacosm" concept is a "taboo topic" within Apple, but it has not prevented the company from benefiting from it, because investors have taken the initiative to imagine the bright prospects of Apple in the metacosm in the future. Investors and analysts say how Apple will benefit from a virtual world is a core factor in the company's stock price rally in recent months, and they bet that Apple will roll out devices that expand reality next year or so and bring potential for new growth in the coming years. Apple's plans for the future have barely been revealed, though CEO Tim Cook has appreciated such technologies in recent years and said it will be a crucial part of Apple's future.

【Australian Stocks】

Australian stocks rose early on Thursday, and Crown led the gains to PolyNovo leading the decline

In early trading on Thursday, the ASX200 index rose to 7458.8 points, or 0.3 percent, driven by strong gains in raw materials and energy stocks.

After news that U.S. investment giant Blackstone had raised its bid to nearly $8.9 billion, Crown shares soared 7.7 per cent to A$12.52, hitting a six-month high and leading the market.

The resources sector benefited from higher commodity prices, with diversified miner South32 rising 2.2 per cent to A$4.18, nickel mining company Nickel up 3.4 per cent to A$1.60 and lithium producers Liontown and BHP Billiton recording gains of 3.7 per cent and 2.1 per cent respectively, closing at A$1.69 and A$46.08 respectively.

Medical device company PolyNovo led the decline with a 4.1 percent decline, while artificial intelligence company Appen and the "buy-before-pay" giant saw declines of 2.5 percent and 2.4 percent, respectively.

Blackstone Raises Bid crown Crown Price at latest buy-up offer of $13.1 A$13.1 per share

Crown Resorts (ASX:CWN), a crown resort group in Australia that is under acquisition, today said it had received a revised non-binding offer from Blackstone, which offered an latest offer of $13.10 per share, an increase of $0.6 per share from the previous $12.50 offer.

Crown said Blackstone made the decision after taking into account the "non-public information" provided by Crown during the due diligence period.

Crown's board said it was in the interest of shareholders to engage further with Blackstone on the proposal on a non-exclusive basis.

Crown said it would engage with relevant stakeholders, including regulators and shareholders, before implementing any binding implementation agreement.

Crown shareholders are not required to take any action on the revised proposal at this stage. Crown's board noted that discussions between Crown and Blackstone could not determine whether this would result in a change of control transaction or an offer that would be acceptable to Crown shareholders.

Crown Resorts (ASX:CWN) issued an announcement in early December last year rejecting a third offer from asset manager Blackstone Group, saying it failed to reflect the value of the company's shareholders, acrylic news reported on December 3. Blackstone valued Crown at $8.5 billion. Still, Crown decided to give Blackstone a due diligence opportunity. (See "Crown Gives Blackstone Due Diligence Opportunity, Share Price Rises by More Than 1%")

Blackstone has quoted Crown twice before, the first at $12.35 per share and the second at $12.50 per share. (See "Crown Receives Blackstone Offer Again, Share Price Rises By More Than 16%")

Iron ore explorer Genmin signed a 2 million-ton MoU offtake with Jianlong Group

Iron ore explorer Genmin Ltd (ASX:GEN) disclosed to the market on Wednesday that it has signed a non-binding memorandum of understanding (MoU) with China Jianlong Group to deliver 1.5 million tonnes of iron ore powder and 500,000 tonnes of block ore from the Baniaka project in Africa each year over a two-year period.

According to the announcement, Jianlong Group is the second largest private steel enterprise in China, with crude steel production ranking 8th and 5th in the global and Chinese markets in 2020. In 2021, Jianlong Group will commission China's first hydrogen-based pig iron production line, which plans to use hydrogen instead of coking coal to extract pig iron from iron ore.

Joe Ariti, Managing Director and CEO of Genmin, said he looks forward to working with Jianlong Group to explore business opportunities for decarbonization of the steel value chain.

On December 15, GEN announced the signing of a non-binding MoU with China Minmetals Corporation and Changzhou Dongfang Special Steel respectively. (Read more about "Iron ore Explorer Genmin Signs MoU Underwriting MoU with China Minmetals and Oriental Special Steel")

The three agreements will cover a total of 16 million tonnes of iron ore capacity at the Baniaka project, including 12 million tonnes of iron ore powder and 4 million tonnes of ore products.

According to the online database of Aohua Finance, Genmin mainly conducts iron ore exploration in the Gabonese Republic of Central and Western Africa, and its three projects cover a total area of 5270 square kilometers of mineral land, of which the Baniaka project is in the feasibility study stage.

On Wednesday, SHARES OF GEN ROSE 10.42% to 0.265 yuan with a trading volume of 1.17 million shares. The stock is down 10.17% over the past year.

"1.13" Today's Financial Times and Important Market Information

Photo caption: Location of Genmin's iron ore project in Gabon (Image: GEN)

Clinical Medical Company Receives U.S. Department of Defense Grant, Share Price Surges 29 Percent

Clinical medical company Immuron Limited (ASX: IMC) announced on the 12th that it has received funding from the US Department of Defense for Travelan, which will be designed to examine the dosing regimen of oral immunotherapy agents used by the military.

Travelan is a clinical drug used to prevent traveler's diarrhea, the most common disease among travelers visiting developing countries and U.S. troops deployed overseas. The incidence and associated discomfort caused by diarrhoea reduce the daily performance of soldiers as well as combat readiness.

IMC received a total of $4.45 million ($6.2 million) in grants to conduct a controlled human infection model (CHIM) clinical trial in which up to 60 volunteers will participate. They will be randomly selected to receive 1200 mg of Travellan once a day or a placebo.

Affected by the announcement, IMC surged 29.03% on the 12th to close at 0.12 Australian dollars.

Compumedics signed a $4.2 million contract with Tianjin Normal University for magnetoencephalography imaging equipment

Compumedics Ltd (ASX:CMP) disclosed to the market on Wednesday that it had signed a $4.2 million contract to sell MEG equipment for magnetoencephalography imaging in the Department of Psychology at Tianjin Normal University (TJNU) in China.

As CMP's largest single contract ever, the partnership with a well-known Chinese university is expected to lead to follow-up sales opportunities and help the company enter China's large and fast-growing neurological market.

On Wednesday, CMP shares of the ASX rose 11.54% to close at $0.435, trading at 511,000 shares.

According to the announcement, the Orion Life Span "MEG system" provided this time will become the core equipment of the new neurological research laboratory of Tianjin Normal University.

The system uses CMP's unique dual-helmet MEG technology and is specifically equipped with an ultra-scanning function to neuroimaging two subjects at the same time to study how they interact with each other.

Dr. David Burton, Chairman and CEO of Compumedics, said he was delighted that the company's latest generation of ultra-scanning MEG system would stand out from the TJNU public tender process and believed that the system would contribute to neurological research and ultimately contribute to human brain health.

As scheduled, Compumedics will deliver major instruments and related peripherals such as computers and CURRY neuroimaging software to TJNU later this year.

Beijing Fistar Technology will provide localized pre-sales and after-sales support for the new lab.

"1.13" Today's Financial Times and Important Market Information

Image source: CMP

ASF Group's portfolio project 3D Bio Group signed a £2.5 million share sale agreement

3D Bio-Tissues (3DBT), a biotechnology company invested in ASF Group Ltd (ASX:AFA), entered into a conditional share sale and purchase agreement with BSFA, a listed company on the LSE.

ASF Group disclosed to the market on Wednesday that 3DBT shareholders will sell all of their outstanding shares to BSFA Enterprises Limited (LSE: BSFA) for a total consideration of £2.5 million, to be paid in the form of 33.9 million BSFA shares.

According to the announcement, AFA invested in 3DBT in 2019 and currently holds 49% of the shares. The biotechnology company was first founded by the University of Newcastle in the United Kingdom, focusing on the research and development of "tissue engineering" technology, including the development of alternatives to biological tissue for skin and corneal repair.

The two products that have been molded by 3DBT can be used for the production of artificial meat and artificial leather in laboratories, as well as collagen hyperplasia of human skin cells.

ASF Group is an investment and trading group with a focus on investment and business opportunities in China, Australia, the UK and Europe, with a focus on technology, oil and gas, resources, real estate, infrastructure and more.

The latest price of the AFA ASX is $0.053. The stock is down 14.52% over the past year.

Following in virgin Australia's footsteps, Qantas slashed flights

Qantas announced on Thursday that it would cut about a third of its planned flights in the first quarter of this year due to concerns about travel safety and insufficient passenger demand due to the Aomi Kerong virus. Prior to this, Virgin Australia had already announced a reduction in the number of flights.

Qantas announced that the number of domestic flights would be reduced from 102% of pre-pandemic levels to 70%, and the number of international flights would be reduced from 30% pre-pandemic to 20%. Qantas has promised that local staff will continue to work.

CEO Alan Joyce stressed that the above measures are temporary and that flight schedules for the second quarter of this year remain unchanged. Qantas hopes that Australia's world-leading vaccination rates and lower toxicity at Opicron will help passengers recover their travel needs.

【Editor's Tips:】When reading on the mobile phone, click the logo on the upper left of the article page to return to the home page to read. I wish readers and friends health and happiness every day! The work investment goes smoothly.

Disclaimer: This article is a financial watch review and does not constitute any investment advice, trading operations or investment decisions Please ask a professional.

(Solemn declaration: ACB News "Aohua Finance Online" retains all copyright rights to the articles marked as original, please indicate the source of any form of reproduction. )

Tags: Financial Workforce Vacancies COVID Detection New Rules Digital Currency Office Buildings International Student Preschool Education Center "Buy First, Pay Later" Platform Epidemic Australian Stock CWNGENIMCCMPAFAQAN

Read on