Citigroup Says 99% of U.S. Staff Comply With Covid Vaccine Mandate

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A person is tested for COVID-19 at a free of cost test site.

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Citigroup said 99% of its US employees complied with its COVID-19 vaccine mandate, and the bank said it would stick to its policy even after the Supreme Court blocked President Joe Biden’s vaccine mandate for large businesses. Have given

Sarah Wechter, Citigroup’s (ticker: c) human resources chief, said in a LinkedIn post that most of the company’s 65,000 US employees had now received a vaccine. Earlier this month, a Wall Street bank said that employees who did not receive vaccinations by January 14 would lose their jobs by the end of the month.

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“This level of compliance helps us create a safer workplace, protect your families and our communities, and ensure the continuity of our business operations,” Wechter wrote.

Citigroup stuck to its policy – one of the harshest on Wall Street – even as the Supreme Court blocked Biden’s Covid vaccine mandate for big businesses. But the court upheld a separate mandate requiring vaccinations for an estimated 20 million health workers.

In other COVID-related news, Novak Djokovic has canceled his Australian visa for the second time, just three days before the world No. 1 tennis player is scheduled to play at the Australian Open. The move could lead to Djokovic being deported from the country.

In a statement on Friday, Immigration Minister Alex Hawke said he used his ministerial personal powers to revoke the 34-year-old’s visa “on the grounds of health and good order, on the grounds that it was in the public interest to do so.” “

“The Morrison Government is strongly committed to protecting Australia’s borders, particularly in relation to the COVID-19 pandemic,” Hawke said in a statement, referring to Prime Minister Scott Morrison.

The decision came after Djokovic admitted that he participated in a newspaper interview and photo shoot after testing positive for Covid-19, and said it was an “error of judgment”.

Countries, including Australia, are grappling with a surge in Covid cases fueled by the highly infectious Omicron variant. The World Health Organization said in its latest pandemic report on Wednesday that a record 15 million new infections were recorded worldwide in one week, marking a 55% increase over the previous week.

As of January 9, more than 304 million confirmed cases and more than 5.4 million deaths have been reported, the WHO said, disrupting activity ranging from schools and flights to businesses.

Volkswagen,
Meanwhile, it said it has closed a plant jointly run by the FAW Group as well as a component factory in the northern city of Tianjin following the recent COVID outbreak.

“Due to the recent outbreak of COVID-19, both the FAW-VW vehicle plant and the VW automatic transmission Tianjin component factory have been closed since Monday,” a spokesman told Reuters.

Despite the rising number of coronavirus cases around the world, a study from South Africa showed that the Omicron strain causes less severe disease than the delta variant, even in people who have been vaccinated. have not occurred or those who have not had covid infection before.

The study, which was published as an imprint on 12 January and has not yet been peer-reviewed and focused on the Western Cape province, compared 11,609 patients with the first three waves of infection, of whom the most recent in the delta-caused variant, and 5,144 patients from the latest Omicron-driven wave.

“We found a significantly lower disease severity in the COVID-19 cases diagnosed in the fourth wave operated by Omicron as compared to the previous waves. While this may be mostly due to maintaining protection against serious consequences provided by prior infection and vaccination, our data suggest that Omicron’s intrinsically low virulence can reduce serious outcomes by approximately 25% ,” said the study authors.

Meanwhile, AstraZeneca (AZN) said preliminary data from a trial showed that its COVID vaccine produced a higher antibody response against the Omicron variant and other strains when given as a third booster dose.

AstraZeneca said an increased response was seen in people who had previously been vaccinated with either Vaxazevaria or the mRNA vaccine, adding that it would present this data to regulators around the world given the urgent need for the booster.

Write to Lena Saigol at [email protected]

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