🚷 The U.S. warned Americans to avoid traveling to Japan, with much of the country under a state of emergency over a Covid outbreak, sowing new doubt about the Olympics. https://bloom.bg/3hQQ63b

💸 Bridgewater founder Ray Dalio said he would rather own Bitcoin than a bond. The digital currency’s “greatest risk is its success,” he said at a crypto conference. https://bloom.bg/34sleyp

🛫 Myanmar’s junta detained an American journalist at the Yangon airport shortly before his flight to Kuala Lumpur. Since the coup, at least 83 journalists have been arrested, with 47 still in detention. https://bloom.bg/3fhTmDh

😷 The U.S. and the U.K. have moved up Bloomberg’s list of the best places to be in the pandemic as their vaccine rollouts accelerate. Asian countries saw some of the biggest falls, and Singapore lost its No. 1 spot to New Zealand. See where your country stands in our Covid Resilience Ranking. https://bloom.bg/3yCe7kM

🇷🇺 Russia is lining up firmly behind Belarus after it forced a Ryanair jet to land in order to detained an opposition journalist aboard, provoking a storm of Western criticism. https://bloom.bg/34d79V5

🏦 And on the day before the Archegos blow-up, Deutsche Bank’s CEO joined an urgent meeting with a familiar message: there was a problem, and billions of dollars were at stake. But this time, the news wasn’t all bad. https://bloom.bg/3voeDkm

👽 There’s lots of interest in sending people to Mars, but most of the grand plans are pretty far down the line. Elon Musk wants to do it this decade, which could be the riskiest human quest ever. https://bloom.bg/3bW8T9B

🇹🇼 U.S. actor and former wrestling champion John Cena apologized for describing Taiwan as a country during a video promoting “Fast & Furious 9.” He posted the apology on Weibo after the comments triggered a backlash in China. https://bloom.bg/3bWDOCS

📈 And a pair of former high school classmates are among the world’s largest crypto holders with a portfolio worth billions of dollars. At least for now. https://bloom.bg/3flAIdJ

💉 The European Union attacked AstraZeneca's Covid-19 vaccine supply "failure" and demanded an urgent order for millions more doses in the latest round of a bitter legal dispute. https://bloom.bg/34jTcVC

💼 People are starting to return to offices in cities around the world. Here are some of the weird ways your work space might have changed while you were gone. https://bloom.bg/3oP9zTD

🔆 And Iran banned the power-intensive mining of cryptocurrencies like Bitcoin after soaring consumption contributed to blackouts in major cities. https://bloom.bg/3oQ2sKx

🇨🇳🇺🇸 China and U.S. trade chiefs held their first talks of the Biden presidency, with both sides agreeing on the importance of the relationship. The exchange was "candid" and "constructive," they said. https://bloom.bg/3yELFhX

🌇 The super-rich are choosing Singapore as a safe haven during the pandemic. With money sloshing around like never before, Bentley sales and property prices are booming. https://bloom.bg/2TpZOjb

🎮 Nintendo plans to release its upgraded, pricier Switch console in September or October — despite global chip shortages, sources say. https://bloom.bg/3ukbGji

💉 Vaccines from China's Sinopharm successfully contained Covid- 19, according to a study published in a prestigious U.S. medical journal. Chinese shots have formed the backbone of the vaccine rollout in developing countries. https://bloom.bg/3focbok

🚺 Keeping women at home is a luxury the world's largest crude oil exporter can no longer afford. As Saudi Arabia overhauls the economy for a post-oil future, Saudi households are increasingly dependent on women working. https://bloom.bg/3g4o3er

✈ And the effort to save Europe's travel industry has devolved into an increasingly desperate race against the clock to ignite a summer tourism boom. Here's the latest on green lists, red lists and the places where you can fly right now. https://bloom.bg/3wFBs2T

Hello 👋 Here's what we're following today:

⬆️⬇️ Superstar fund manager Cathie Wood suffered big losses after bold bets on Tesla and Bitcoin. But she believes the biggest returns are yet to come. https://bloom.bg/3fOS8OJ

💉 Singapore is planning to vaccinate students... and then everyone else. The jab is currently only open to those 40 and above in the city-state, as well as for priority workers. https://bloom.bg/3hZLRSY

⚡️ When Bill Gates and Melinda French Gates first announced their split, they said there would be no changes to their $50 billion foundation. Now, after revelations that surfaced in the past three weeks, there are signs change is indeed coming. https://bloom.bg/2RTJK8P

🤦‍♂️ As one Credit Suisse unit blacklisted Sanjeev Gupta, another bankrolled him. Sources say executives ignored colleagues’ warnings as they sent $1.2 billion of client cash to the troubled tycoon’s businesses. https://bloom.bg/3fvzX1u

🚀 Retail traders are sending AMC to the moon again, and short sellers are feeling the pain — to the tune of $1.3 billion. https://bloom.bg/3vB7U6M

⚽ And a physicist and ex-banker has used “Moneyball”-style big data to propel a tiny U.K. sports club to a $400 million playoff. https://bloom.bg/3vwAxBJ

✈️ Get the Covid vaccine, and enjoy a year of free travel. That’s what Qantas is offering as Australia’s biggest vaccine prize yet. https://bloom.bg/3wL9Qty

🔍 Crypto traders continue to defy China’s crackdown by taking advantage of the hard-to-trace nature of transactions on local platforms. https://bloom.bg/3fxl6Um

🐕 And if you’re puzzled by Dogecoin, here are the ABCs of a $90 billion joke: https://bloom.bg/3p5Jtf8

👶 China will allow couples to have three children to help slow its declining birth rate as risks to the economy mount because of a rapidly aging population. https://bloom.bg/2SJqtXP

💸 The relative resilience of Ethereum in May's cryptocurrency rout has put the spotlight back on the idea that the second-largest digital token could one day overtake Bitcoin by market value. https://bloom.bg/3i6QriC

🚽 Last year, the world became intimately acquainted with the practice of hoarding toilet paper. Now more and more companies are building up big supplies of essential items. https://bloom.bg/3i1RVKZ

🦠 Sinovac’s shot was found to control Covid in a small Brazilian town, with deaths falling 95% after mass vaccination, as neighboring cities were hit hard by the virus. https://bloom.bg/2RRFLK4

🎾 Naomi Osaka, the second-ranked women’s tennis player, quit the French Open after a disagreement with officials about participating in mandatory press conferences, which she said exacerbate her depression and social anxiety. https://bloom.bg/3vFYE19

🍗 Monde Nissin, known for its fake-meat brand Quorn and Lucky Me! instant noodles, just debuted as the Philippines’ biggest IPO ever. The company hopes to become “the king of alternative chicken.” https://bloom.bg/3wRX9ND

📈 U.S. crude futures climbed to the highest in more than 2 1/2 years after the OPEC+ alliance forecast a tightening global market, with no breakthrough yet in the Iran nuclear talks. https://bloom.bg/3yR0QVq

🏠 A supply glut that's held down Dubai's property prices since 2014 will likely keep it on the sidelines of a global upswing in values of prime residential real estate. https://bloom.bg/34OvS2F

🚀 Policy makers learned the lessons of 2008 and deployed a wider set of tools to help repair the damage from Covid. They know how to create a recovery, but can they manage the boom? https://bloom.bg/3fDhz76

🚷 Even as it administers 20 million Covid vaccines a day, China is choosing isolation, with no concrete plans to reopen to the world. https://bloom.bg/3uKYap0

🥩 A Russia-linked hacking group is behind the cyberattack against the world’s largest meat producer. JBS said its systems are coming back online, and it plans to reopen most plants on Wednesday. https://bloom.bg/3pe2T1f

👋 Many workers would rather quit than return to the office. Given current labor shortages, bosses should reconsider their hard stance, a management expert says. https://bloom.bg/2TA3sa9

🐬 Shares in a publisher with a stake in the "Baby Shark" creator climbed after a tweet from Elon Musk mentioned the kiddie pop jingle. The rally underscores the influence the billionaire commands on a variety of assets. https://bloom.bg/3pe4wwf

⏰ Amazon is overhauling a controversial worker-productivity measure that has drawn the ire of warehouse employees who say it imposes an unsafe burden on them. The company also said it would stop testing its workers for marijuana. https://bloom.bg/2RgIdJG

🏢 And there's a $10 billion bright spot in the battered world of office real estate. Blackstone, KKR and other investors are betting on laboratory space as vaccines fuel the economic rebound. https://bloom.bg/3fIcLgH

🩺 A probable link between the Pfizer-BioNTech vaccine and dozens of cases of heart inflammation in young men has been found by Israeli health officials. https://bloom.bg/3g8F9aG

🎬 The Reddit-fueled rally in AMC Entertainment has shot it from a small-cap stock to a large cap. A further 95% gain on Wednesday now makes it worth more than half the companies in the S&P 500. https://bloom.bg/2SVpnrN

🥊 Boxer-turned-politician Manny Pacquiao is emerging as an obstacle to Philippine President Rodrigo Duterte’s succession plans. https://bloom.bg/3z0JBkq

✈ The U.K. is likely to keep tight limits on international travel for the weeks ahead, denting hopes of a major summer revival for aviation and tourism. https://bloom.bg/3vNWz3e

💉 The nonprofit Covax, which distributes Covid vaccines to mostly poor countries, has been saying for a year no one is safe until everyone is. Rich countries may finally be getting the message. https://bloom.bg/3wO6y8A

🚀 Faced with a high-tech challenge from a rival superpower, the U.S. government reaches for its wallet. Competition from China has the U.S. plowing billions into research and development. https://bloom.bg/3wSIq4L

Hello, here's what we're following:

⛔ President Joe Biden blocked U.S. investment in 59 Chinese companies, including Huawei, in an amendment of a Trump-era executive order. https://bloom.bg/2SPVVUd

⏳ Millennials are running out of time to build wealth. The ones who turn 40 this year in the U.S. are only 80% as wealthy as their parents were at this age. Take a closer look at the data: https://bloom.bg/3gbBwAO

🇭🇰 From Bloomberg Opinion | Hong Kong has banned its annual Tiananmen vigil in an attempt to emulate the way China has erased the crackdown's memory, writes Matthew Brooker. But that won’t be so easy. https://bloom.bg/3z0XMX2

Hello 👋 Here’s what we’re following:

📈 Treasury Secretary Janet Yellen said higher interest rates would be a “plus” for the U.S. and the Federal Reserve, encouraging President Joe Biden’s $4 trillion spending plans even if they trigger inflation. https://bloom.bg/3iosROu

🏅As the Tokyo Olympics approach (which we’re still watching with bated breath), take a look back at how the 1964 Games changed the city forever. https://bloom.bg/3x2xCRL

⚖️ While gold will hit new highs in the next year, investors will see more upside in Bitcoin, according to a $7.5 billion hedge fund. https://bloom.bg/2T2jIjR

💿 An activist investor in CD Projekt wants to oust the gaming studio's top executives for the botched release of the Cyberpunk 2077 title that wiped out more than half of the company’s value. https://bloom.bg/3fZyocy

🔎 Amateur internet sleuths have turned the Capitol riot into the ultimate online manhunt, sifting through images in a crowdsourced probe. Meet the "sedition hunters." https://bloom.bg/3giE4gy

☕ Britain’s vacationers are making the most of getting out of the country while they still can. Sales of lattes and sandwiches at London's airports have surged. Check out our updated Pret Index for more. https://bloom.bg/3v0iIdt

🇨🇳 Chinese lawmakers are making progress on legislation to retaliate for foreign sanctions as Beijing clashes with the U.S. on multiple fronts. https://bloom.bg/2RzJifO

👂 The Delta coronavirus variant that originated in India is the most infectious strain to emerge so far, and may also be the most severe, with unusual symptoms reported including hearing loss and gangrene. https://bloom.bg/3pwBs2Z

🇨🇦 And in Canada, Prime Minister Justin Trudeau is preparing to loosen border restrictions for fully vaccinated travelers. The plan is expected to be announced within days. https://bloom.bg/3g0QgUi

📣 The London Metal Exchange has shelved a plan to close its open-outcry trading floor. Brokers and users said the floor's closing hurt trading volumes and made pricing less robust. https://bloom.bg/3pEtrJy

💊 Pharmaceutical company Biogen scored a major victory on Monday when the U.S. FDA approved a new Alzheimer's drug. That step could open the gates for yet more therapies. https://bloom.bg/3csQgul

🚗 Robert Cumberford has had a front-row seat to 70 years of automotive design. Here's what the influential designer-turned-critic has to say on everything from life inside GM in the 1950s to the Tesla Cybertruck. https://bloom.bg/3pyHqAh