Goldman Bankers Stay Home; Italy Set for New Curbs: Virus Update

(Bloomberg) — Italy laid out new plans to try to halt the spread of the virus, as large swathes of Europe prepare to enter lockdown this week and global fatalities top 1.2 million, after the deadliest week for the pandemic since April.

Daily cases are surging, with the U.S. seeing a bigger wave than in the spring as it approaches Tuesday’s election. The World Health Organization’s director-general is in self-quarantine after coming into contact with someone who tested positive.

Goldman Sachs Group Inc. and Deutsche Bank AG were among companies to tell staff that only essential employees can work from their U.K. offices. Chancellor of the Exchequer Rishi Sunak said England’s nationwide lockdown will legally expire on Dec. 2, but the government will look at a range of indicators before easing restrictions, with one minister signaling the curbs may be extended. Large swathes of Europe are entering lockdown this week.

A “Fire Fauci” chant erupted at one of Donald Trump’s campaign rallies, after the White House earlier criticized Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases.

Key Developments:

Global Tracker: Cases surpass 46.5 million; deaths top 1.2 millionTrump’s dismissal of Covid risk paved way to White House outbreakThe eight airlines most at risk of failure as Covid-19 drags onEuropean leaders driven to new lockdowns by surge in virus casesChina’s race for a vaccine raises safety questionsVaccine Tracker: Clinical trials restart in hopeful sign

Subscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click CVID on the terminal for global data on coronavirus cases and deaths.

Italy to Limit Travel to High-Risk Regions, Conte Says (7:30 a.m. NY)

Italy is set to create a three-tier system for regional curbs, Prime Minister Giuseppe Conte said in parliament on Monday. Shopping malls are set close at weekends across the country, while secondary schools will be shut with pupils moving to online lessons. Museums will close nationally. Still, for now, Conte continues to resist a full national lockdown.

CureVac Covid Vaccine Shows Good Immune Response in Early Trial (7:15 a.m. NY)

A coronavirus vaccine under development from CureVac NVshowed a good immune response in early trials, validating the biotech company’s research into messenger RNA’s ability to train the body’s defenses. The most promising vaccine dose produced an immune response comparable to that found in recovered patients in an early-stage test on more than 250 volunteers, the German company said Monday. Chief Executive Officer Franz-Werner Haas said advanced clinical trials are on track to start by year-end. The company’s shares jumped as much as 5% in German trading.

Greece Imposes Lockdown on Second-Largest City (7:05 a.m. NY)

Greece is placing Thessaloniki into a general lockdown as the virus takes hold again. Movement is restricted to and from the city, the local airport will remain closed during the lockdown. The city’s schools will remain open. Residents must to send text messages to a special number in order to leave their homes. A curfew will also apply. The measures, which also apply to the northern city of Serres, will last for two weeks.

Iran Deaths Hit Record (6:55 a.m. HK)

Iran reported a record number of daily virus-related deaths for a second day in a row at 440, bringing the total to 35,738. The number of cases reached 628,780 with 8,289 new infections in the past 24 hours, just below the record reported last week.

Goldman Asks Most London Staff to Work at Home (6:42 p.m. HK)

Goldman Sachs said only ‘in-office essential’ employees can work from its London office after Boris Johnson announced a new nationwide lockdown. Goldman told the vast majority of its more than 5,000 London employees to work from home from Nov. 5, with only essential workers permitted to come to its Plumtree Court building, according to an internal memo. Deutsche Bank also informed staff that only essential employees can work from their U.K. offices.

Romania Extends Curbs In Bucharest (6:15 p.m. HK)

Romania extended restrictions in its capital, Bucharest, keeping schools and restaurants closed at least until Nov. 16. The municipality will also impose strict rules for access in outdoor markets and parks to avoid crowding. The country continues to report more than 5,000 new virus cases per day, with hospitals stretched because of a record number of patients needing intensive care treatment. The restrictions had been due to lapse Tuesday.

U.K. Lockdown Will Legally Expire on Dec. 2: Sunak (4:39 p.m. HK)

Video: Wriggling Leech Pulled From 5-Year-Old’s Throat After Living There For Over A Year, Doctor Says (Newsweek)

Wriggling Leech Pulled From 5-Year-Old’s Throat After Living There For Over A Year, Doctor Says

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UP NEXT

Chancellor of the Exchequer Rishi Sunak told BBC Radio that England’s nationwide lockdown will legally expire on Dec. 2, but that the government will look at a range of indicators before easing restrictions.

Earlier, Cabinet Office Minister Michael Gove said the month-long partial lockdown announced by Prime Minister Boris Johnson late Saturday might have to be extended if it fails to contain the spread of the coronavirus.

Siemens Healthineers Ramps Up Rapid Test Output (3:50 p.m. HK)

Siemens Healthineers AG will ramp up production of its 15-minute coronavirus tests this month. The German company will ship some 30 million of its rapid virus tests — seen by some as a game-changer in allowing economies to open up — from mid-November and “rapidly ramp up” afterward, Chief Executive Officer Bernd Montag said.

Aspen Agrees to Vaccine Manufacturing Deal With J&J (3:44 p.m. HK)

Aspen Pharmacare Holdings Ltd. agreed to manufacture the Covid-19 vaccine candidate being developed by Johnson & Johnson at a factory in South Africa, where the continent’s biggest drugmaker has the capacity to produce 300 million doses a year.

WHO Director-General Tedros Is in Quarantine (2:12 p.m. HK)

Tedros Adhanom Ghebreyesus has gone into self-quarantine after contact with someone who tested positive for Covid-19, the director-general of the World Health Organization said in a tweet. He said he is well and without symptoms, and will work from home.

‘Fire Fauci’ Chant Erupts at Trump Rally (1:52 p.m. HK)

A “Fire Fauci” chant erupted at one of President Donald Trump’s campaign rallies, with the president quipping that he’d wait until after the election if he were to do anything.

The chant, which started shortly after midnight Monday morning, was the latest development in Trump’s ongoing critique of Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, who was once a prominent figure in Trump’s coronavirus response but who has since been marginalized.

The White House criticized Fauci on Sunday after he warned in a Washington Post interview published over the weekend about the scale of the pandemic in the U.S.

Xinjiang Outbreak Is China’s Biggest Since Summer (12:05 p.m. HK)

A testing blitz in China’s far west region of Xinjiang uncovered the country’s worst Covid-19 outbreak since the summer, even as authorities said all infections have been found.

Authorities in the region — the epicenter of Beijing’s crackdown on ethnic Muslim Uighurs — reported six new so-called asymptomatic infections on Monday. Xinjiang’s tally since the outbreak began with the detection of an asymptomatic 17-year-old on Oct. 24 stands at 57 infections and 223 asymptomatic cases, Xinjiang’s health commission reported. Nine people are in “severe condition,” authorities said.

China Seeks Double Tests From Travelers (9:38 a.m. HK)

China is doubling down on safeguards to ensure people traveling from abroad don’t harbor the coronavirus. Statements posted on websites of Chinese embassies in countries including the U.S., U.K., France, Italy and New Zealand over the weekend ask for negative antibody test results in addition to negative results from nucleic acid tests within 48 hours of boarding flights. The requirement for double negative results will be effective on Nov. 7, according to the statements.

Prince William Contracted Covid-19 in April: BBC (7:57 a.m. HK)

Prince William contracted Covid-19 in April, around the same time as his father Prince Charles, the BBC reported, citing people familiar within Kensington Palace.

Huge Halloween Parties in New York City Broken Up (4:15 p.m. NY)

Two large Halloween parties in New York City, attracting almost 1,000 people, were broken up this weekend in violation of anti-virus measures.

The city’s sheriff said on Twitter it shut down a party Sunday morning in a Bronx warehouse that attracted more than 550 people. Almost two dozen organizers faced charges. On Saturday, it ended a party at another warehouse in Brooklyn with almost 400 people. Nine organizers were charged.

Geneva in Partial Lockdown From Monday (2:05 p.m. NY)

Geneva, a hub of Swiss finance and seat of several United Nations agencies, is closing bars, restaurants, cultural venues and nonessential stores from Monday until Nov. 29, the cantonal government said in a statement. Schools up to the secondary level won’t close.

The measures, which are similar to partial lockdowns in many parts of Europe, follow an “alarming” rise in local virus cases, according to the statement. Geneva hospitals had 474 Covid-19 patients on Sunday, compared with 78 in mid-October. Authorities appealed to people to stay home and avoid social contacts.

French Cases Trending Above Average (1:30 p.m. NY)



a bridge over a body of water: Lille Subdued In Second Coronavirus Nation-wide Lockdown


© Getty Images via Bloomberg
Lille Subdued In Second Coronavirus Nation-wide Lockdown

An empty main square during a national lockdown in Lille, France.

Photographer: Sylvain Lefevre/Getty Images

Infections rose by more than the seven-day trailing average in France, which has accumulated the most cases in Europe. The rate of positive Covid-19 tests, a gauge of the pandemic’s spread, increased to 20.4% in Sunday’s data from 20.2% a day earlier, according to national health agency data.

Two days after a nationwide limited lockdown went into effect, France reported 46,290 new cases, more than the average of about 42,000 a day over the previous week. An additional 231 people died from virus-related illness, bringing the toll to 37,019.

U.K. Daily Cases Continue Above 20,000 (11:36 a.m. NY)

The U.K. reported more than 20,000 cases for a seventh straight day. It had 23,254 new cases on Sunday, a day after the country passed the 1 million mark and announced a four-week partial lockdown for England. The figure compares to the previous seven-day average of 22,522. Another 162 people died, down from the average of 259 in the past week.

U.S. Reports 78,157 New Cases After Two Record Days (8 a.m. NY)

The U.S. added 78,157 new cases on Saturday, after two straight days of national records that pushed the daily case count near 100,000. The 0.9% rise matched the average daily increase of the previous seven days, according to data compiled by Johns Hopkins University and Bloomberg.

Average daily cases in the last week of October were about 35,000 higher than in the last week of September, an indication of the virus’s spike at the close of the presidential race. An additional 826 people died, down from the previous day’s 1,029, but in line with average daily increases of the previous week.



a person sitting on a bed: Houston Hospital Continues To Deal With Spike In Covid Cases


© Getty Images via Bloomberg
Houston Hospital Continues To Deal With Spike In Covid Cases

A medical staff treats a Covid-19 patient at the United Memorial Medical Center in Houston.

Photographer: Go Nakamura/Getty Images

(An earlier version of this story corrected the spelling of Goldman)

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