🇪🇺The EU's closest neighbors will need authorization to import Covid vaccines from the EU under a new proposal. The plan will consider a countrys vaccination rate and pandemic situation. https://bloom.bg/3tQ7GqZ

🚗 The end of Tesla's dominance may be closer than it appears. Last year VW became the No. 1 electric-vehicle maker in Europe, and the company aims to surpass Tesla in EV sales no later than 2025. https://bloom.bg/3w5m8xk

🤳Trading app Robinhood said it filed for an IPO, in what will be a highly anticipated listing. The app became immensely popular during the pandemic. https://bloom.bg/3tQ7BUd

💉 AstraZeneca’s Covid-19 vaccine was found to be 76% effective in a U.S. study. The new analysis comes after concerns the initial efficacy rate of 79% relied on outdated information. https://bloom.bg/2P8z58G

🚢 Tugs and diggers have so far failed to dislodge a massive container ship stuck in the Suez Canal, increasing the chances of prolonged delays in what is arguably the world’s most important waterway. https://bloom.bg/3vVx40n

💸 China’s stock market is showing the world what happens when stimulus ends. The country’s benchmark stock index has plunged 15% since climbing to a 13-year high last month. https://bloom.bg/3ri61Ja

Hello 👋 Here's what we're reading right now:

🚢 Ships are starting to make expensive, time-consuming detours around Africa while the Suez Canal remains blocked by a giant container vessel. Concerns are growing that a complex rescue mission could take weeks. https://bloom.bg/3lTWc36

🧳 Can you travel once you’re fully inoculated? The tourism industry is betting on a totally unproven concept: the vaccine passport. https://bloom.bg/3rr0S1g

🍴And these are the 50 best restaurants in Asia right now: https://bloom.bg/2P05EWF

🚢 Dislodging the massive ship wedged in the Suez Canal will take until at least next Wednesday, according to sources — risking further disruption to supply chains. https://bloom.bg/3doim9R

🦠 The EU’s two biggest countries, Germany and France, are struggling to get a grip on a fresh surge in coronavirus infections that’s compounding political damage from chaotic vaccination rollouts. https://bloom.bg/39h1O1X

⛏ And there’s one metal that’s leaving all commodities — and even Bitcoin — in the dust this year. The challenge for investors is buying it. https://bloom.bg/3lQLoTg

💹 Global traders are bracing for a volatile open for U.S. stocks after an extraordinary $20 billion wave of block trades on Friday. https://bloom.bg/3duq6qT

💰 At the center of those sales is Bill Hwang, a former hedge fund manager who had pleaded guilty to insider trading. As late as 2018, Goldman refused to do business with him, but then reversed course. https://bloom.bg/3fnw1Ak

🇲🇲 And dozens of Myanmar protesters were killed in clashes with the military and police over the weekend. At least 114 people died, including civilians who weren’t taking part in demonstrations. https://bloom.bg/31rDNB9

📉 The moves on Friday were staggering. In all, $35 billion was wiped off of a range of bellwether stocks. Here’s what we know about the flurry of block trades. https://bloom.bg/31rghEv

🚢 A giant container ship blocking the Suez Canal has been partially re-floated, though there’s still work ahead to fully dislodge it and clear one of the world’s most critical trade arteries. https://bloom.bg/39rbjvA

📱 The lowly chip has become the most crucial and expensive component under the hood of modern-day gadgets. Here's how the chip shortage snarled everything from phones to cars. https://bloom.bg/3u0F9is

🚗 What really happened inside Nissan before Carlos Ghosn’s downfall? The carmaker’s former top lawyer, who led an internal investigation into alleged financial misconduct, speaks for the first time since the scandal.

Ravinder Passi said he endured retaliation, demotions and even corporate surveillance of his family after questioning the integrity of the probe.

“This is just not normal behavior,” said Passi of what he claims was heavy surveillance of his family. “This is a car company. This is not the KGB.” Read his full account: https://bloom.bg/3ruUwhn

📉 Few ever noticed Bill Hwang as he quietly built one of the world’s greatest fortunes — until that fortune was wiped out in just days. https://bloom.bg/3rzX5in

⛽ With the future of fossil fuels in doubt, Big Oil is counting on a hidden army of commodities traders to ride to the rescue. https://bloom.bg/3fuxJjs

☀ After a year of anxiety and isolation, millions of Americans a day are getting immunized against Covid-19, and starting to get their lives back. https://bloom.bg/3sBrqOS

Hello 👋 Here’s what we’re reading right now:

🇨🇳 🇺🇸 China's Covid rebound puts it on track to topple the U.S. as the world's biggest economy before the end of this decade. Here's how it got there. https://bloom.bg/39vbYMB

🔋 Volkswagen’s purported name change in the U.S. to “Voltswagen” (get it, because of EVs?) was an April Fool’s joke gone awry. https://bloom.bg/39wxr86

💸 Understanding the sudden losses made by Bill Hwang’s Archegos requires a grasp of some abstract financial lingo. We’ve got you covered: https://bloom.bg/3rAIaEz

🇬🇧 Deliveroo shares plunged as much as 31%, the worst performance in decades for a big U.K. IPO. It's a blow to London's post-Brexit efforts to lure technology listings. https://bloom.bg/3wdUJcm

🚊 President Biden will unveil a $2.25 trillion U.S. infrastructure plan on Wednesday that the administration says will prove the most sweeping since the 1960s space program and 1950s interstate-highway system. https://bloom.bg/31xMolE

🚻 And the pandemic has rolled back years of progress on gender pay parity, making women wait a generation longer to earn the same as men. https://bloom.bg/3cCwuwL

🇭🇰 Breaking: Hong Kong media tycoon Jimmy Lai and “father of democracy” Martin Lee are among a group of activists convicted of attending an unauthorized protest in 2019. https://bloom.bg/3fuqhVF

💸 A quick sale helped Deutsche Bank dodge a $4 billion Archegos hit. Almost $30 billion of investments are now known to have been liquidated in the family office’s collapse. https://bloom.bg/3wb93m9

💉 15 million Johnson & Johnson Covid vaccines have been affected by a plant manufacturing error. None of the doses produced and shipped so far in the U.S. have come from that plant. https://bloom.bg/3u82ZZN

🛍 Only 14 months into the role, H&M CEO Helena Helmersson has already suffered plenty of challenges, from store closures and pandemic lockdowns to angry Chinese officials. https://bloom.bg/3frO5cK

💉 Mark Zuckerberg wanted to make Facebook a reliable source about the pandemic. Instead he's helped spread conspiracy theories about vaccines causing infertility. https://bloom.bg/39u9y0M

🚢 Egypt said it may seek around $1 billion in compensation after a giant container vessel blocked the Suez Canal for almost a week and roiled shipping markets. https://bloom.bg/3ftSNXv

Hello, here's what we're reading right now:

🌗 It’s impossible to say where Bill Hwang, the hard-charging financial speculator, ends, and Bill Hwang, the Christian evangelist and philanthropist, begins. People who know him say the one is inseparable from the other. https://bloom.bg/3rIF9Cm

🇭🇰 Xi Jinping’s sweeping overhaul of Hong Kong’s electoral system this week, aimed at neutralizing pro-democracy voices, is his most dramatic step yet to grab power back from the city’s tycoons. https://bloom.bg/3sKhGlu

💵 And there will be new investing opportunities in whatever “new normal” slowly emerges. We asked five financial advisers for ideas on where to put $100,000 right now. https://bloom.bg/3cKbh46

🤳 The personal data of more than half a billion Facebook users reemerged online over the weekend. The trove is from a 2019 leak that includes phone numbers, full names, locations and birth dates. https://bloom.bg/3cPhzj9

🚀 The world economy is on course for its fastest growth in more than a half century, but the IMF warns “prospects are diverging dangerously” due to disparities in vaccine availability. https://bloom.bg/3cMIY59

🥚 China is stepping up its vaccine campaign by pressuring Communist Party members, bank workers and employees at state-owned companies to get shots. Incentives for some residents include free eggs and shopping coupons. https://bloom.bg/3cQrbdj

💼 U.S. Treasury Secretary Janet Yellen made the case for a global minimum corporate tax rate. She believes it would end an international “race to the bottom” by countries luring companies with lower taxes. https://bloom.bg/31S1gf3

🦠 New Covid mutations are popping up in increasingly complicated patterns. Scientists are racing to identify variants that can lessen the effectiveness of vaccines for a pathogen that’s unlikely to be eradicated any time soon. https://bloom.bg/3cUwnNs

💻 To understand the global chip crisis, it’s helpful to start with the $1 display driver. Shortages of such seemingly insignificant parts are cascading through the global economy. https://bloom.bg/3mkVDQ1

📉 Credit Suisse will take a $4.7 billion writedown tied to the implosion of Archegos Capital Management and replace more than half a dozen executives after the firm's worst trading debacle in over a decade. https://bloom.bg/3cVtFat

✌ Iran and world powers began their most serious attempt yet to resurrect a troubled nuclear deal since Donald Trump sent the accord into freefall in 2018. https://bloom.bg/2PUJogN

🇺🇸 The prospects for President Biden's economic agenda could be enhanced by a ruling that opens the door to passing multiple bills this year without any Republican support. https://bloom.bg/2OviNXq

🚧 It was supposed to be the start of a steadier era for Credit Suisse under a new CEO. But the bank's $4.7 billion Archegos hit has prompted sweeping management changes and cast fresh doubt on its ability to manage risk — all on the heels of the Greensill collapse. https://bloom.bg/3dyNZxa

⤵️ Investors are bracing for Asia’s worst stock market to fall even further. A spiraling Covid crisis has had a “chilling effect" on Philippine equities. https://bloom.bg/3dHRykY

🏚️ It's beautiful and virtually Covid-free. Just don't try to buy a house in New Zealand where prices are surging even for the most dilapidated homes. https://bloom.bg/3sW4RVn

💸 JPMorgan chief Jamie Dimon is warning shareholders his industry's disruption by technology is finally at hand. “Fintech and Big Tech are here,” he wrote in his annual letter to shareholders. https://bloom.bg/3dKXqd2

💉 The U.K. began giving the Moderna vaccine on Wednesday, bolstering Britain’s Covid-19 immunization program despite ongoing concerns over potential side effects relating to AstraZeneca's shot. https://bloom.bg/31VP1xU

⚠ For the first time since the 1990s, the global middle class shrank last year. About 150 million people tumbled down the socioeconomic ladder, with South Asia and sub-Saharan Africa seeing the biggest declines. https://bloom.bg/39PJIEu

Hello, here's what we're following today:

🇨🇳 Peter Thiel is “pro-crypto,” but he also thinks Bitcoin may be undermining America. During a virtual event on Tuesday he called it a “Chinese financial weapon.” https://bloom.bg/3fXH4AN

💉 Growing concerns that AstraZeneca causes rare blood clots could interfere with vaccination efforts across the world, from London to Seoul. https://bloom.bg/3fNZvYt

⛳ Would you pay $260,000 for a golf club membership? It's a hot bet for players stuck in Singapore as prices hit records. A Sentosa Golf Club membership has soared almost 300% over the past two decades, making it a better investment than the local stock index. https://bloom.bg/3mrLC3o

💸 Bill Hwang had $20 billion — then lost it all in two days. The sudden implosion of his Archegos Capital Management is one of the most spectacular failures in modern financial history. https://bloom.bg/3dLrpBG

🏠 The postwar style of Tokyo’s public housing has defined Japan’s middle class. The attraction of these complexes, known as danchi, is more than just aesthetic. https://bloom.bg/39Wz0we

🐒 A third of endemic species on land and half in the sea will become extinct if greenhouse gas emissions aren’t reined in, according to new research. https://bloom.bg/3d3ObFM