(Bloomberg) -- Preparations are underway to ensure that vaccines will be shipped to administration sites within 24 hours of clearance by federal regulators. A top U.S. health official said all Americans should have access to one by April.AstraZeneca Plc’s trial remains paused in the U.S. pending a regulatory review of an incident in which a participant became ill. But symptoms probably weren’t related to the shot itself, according to documents sent to participants. Eli Lilly & Co. gained after an experimental antibody treatment showed promising results.The global economic slump ignited by the pandemic won’t be as sharp as previously feared this year, according to the OECD, which upgraded its outlook in response to rebounds in activity since lockdowns eased.Key Developments:Global Tracker: Cases pass 29.6 million; deaths exceed 936,000AstraZeneca’s U.S. Trial Remains on Hold Pending FDA ReviewLilly Gains After Mid-Dose Covid Antibody Therapy Hits GoalWhy Indonesia became a testing ground for a Chinese vaccineA Carnival cruise ship spread the virus to the worldSubscribe 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.Illness Unlikely Linked to Shot, Oxford Says (11:37 a.m. NY)Symptoms that prompted the University of Oxford and partner AstraZeneca Plc to pause trials evaluating their experimental coronavirus vaccine probably weren’t related to the shot itself, according to documents sent to participants.Hungary Outbreak Seen Lasting Months (11:30 a.m. NY)Hungary will strengthen social distancing rules to combat the spread of the coronavirus, whose current wave may only peak around December or January, Prime Minister Viktor Orban said. Orban reiterated the plan to keep the economy functioning in a Facebook video Wednesday, while tightening rules in the following areas:Wearing masks will become obligatory in cinemas, theaters, health facilities and customer-facing offices, while existing mask regulations for public transport and shopping will be enforced more strictly.Entertainment venues such as bars to close by 11 p.m.Price of Covid tests to be capped at 19,500 forints ($64).Hungary to maintain restrictions on inbound travel.Arizona New Cases Show Slight Increase (11:25 a.m. NY)Arizona on Wednesday reported 695 new virus cases, a 0.3% increase to 209,907 that was above the 0.2% average from the prior seven-day period. The state Department of Health Services recorded 27 new Covid-19 deaths, pushing the statewide toll to 5,371.Americans May Get Vaccine by April, HHS Official Says (11:06 a.m. NY)Every American should be able to obtain a coronavirus vaccine by April, a senior Trump administration official said in an interview. The U.S. is likely to approve one or more vaccines in November or December, though October is possible, Paul Mango, deputy chief of staff for policy at the department of Health and Human Services, said Wednesday.Florida Cases Rise Slightly (11:05 p.m. NY)Florida reported 671,201 cases Wednesday, up 0.4% from a day earlier, in line with the average increase in the previous seven days. That’s a daily change of 2,355 cases, according to the health department report, which includes data through Tuesday. On a seven-day rolling basis, new cases totaled 19,053, the highest in a similar period since the Sept. 7 report.Deaths among Florida residents reached 12,939, an increase of 1.2%, or 152. Deaths often trail infections by weeks, and generally take even longer to be reflected in the data.U.S. Vaccines to Be Shipped Within 24 Hours of Approval (10:42 a.m. NY)Preparations are underway to ensure that vaccines against Covid-19 will be shipped to administration sites within 24 hours of clearance by U.S. regulators, health officials said. Federal officials issued guidance to states Wednesday that are designed to speed the path of coronavirus shots to the population, U.S. Centers for Disease Control and Prevention Robert Redfield said in a press conference.Hundreds of thousands of doses of various candidates, funded by the Trump administration’s Operation Warp Speed program, have already been produced in hope that one or more will prove successful in the clinic. State officials have indicated that they want to make sure that the shots are fully tested and deemed safe and effective before they’re used widely.Big Ten to Start Football Next Month (10:04 a.m. NY)The Big Ten college football league said Wednesday it plans to start games the weekend of Oct. 23-24 after postponing the season in August due to virus safety concerns. The league will require student athletes, coaches, trainers and others who are on the field for practices and games to undergo daily antigen testing, according to a statement. Each school will also have a chief infection officer oversee collection and reporting of data.Lilly Drug Shows Promise, Lifting Shares (7:21 a.m. NY)Shares of U.S. drugmaker Eli Lilly gained after an interim analysis of a mid-stage study found one of three doses of an experimental neutralizing antibody treatment tested against Covid-19 was able to lower the viral load in patients. The therapy, called LY-CoV555, was also able to cut the rate at which infected patients were hospitalized.British Airways Says 10,000 Jobs May Be Lost Due to Pandemic (6:07 a.m. NY)British Airways, the flagship U.K. carrier expecting to cut as many as 10,000 jobs, has seen 7,200 people leave as of last Friday, Chief Executive Officer Alex Cruz told lawmakers in London. The company remains in discussions with some labor groups, he said, and has rowed back on a plan to fire and rehire staff on new contracts.The pandemic has reversed decades of growth in the aviation industry, shutting down flights and triggering a slump that could see traffic diminished for years.Russia to Sell Sputnik V Vaccine to India (6 a.m. NY)Russia agreed to sell 100 million doses of its Sputnik V vaccine to India.Russia’s sovereign wealth fund will cooperate with Dr. Reddy’s Laboratories, a local drugmaker, on clinical trials and distribution of the vaccine, according to the Russian Direct Investment Fund.Iran Reports Surge in Cases (5:56 a.m. NY)Iran recorded its biggest jump in cases since June 4 with 2,981 new infections in the past 24 hours. The number of fatalities rose by 179 overnight, up from 140 a day earlier.Dublin Residents Told to Limit Travel (3:34 p.m. HK)People living in Dublin should limit travel to the rest of Ireland if possible to stop the virus spreading outside the capital, Finance Minister Paschal Donohoe said. Dublin has become Ireland’s contagion center and further restrictions there are a “real possibility,” Donohoe said, adding that people should avoid traveling to the city from outside too. Dublin accounted for close to two thirds of all new cases in Ireland on Tuesday.Lufthansa Prepares for Deeper Job and Fleet Cuts (3:23 p.m. HK)Deutsche Lufthansa AG is preparing for more drastic cutbacks in its global workforce and airline fleet than previously planned after a hoped-for recovery of air traffic fizzled out.A surge in European virus cases has forced Europe’s biggest airline to tear up its recovery plan and pare back its ambitions to cope with the deteriorating outlook. Recent rules that forced travelers into quarantine have had a catastrophic effect on bookings, its chief executive told staff at a meeting, according to people in attendance.Israel to Close Schools Early as Virus Spreads (2:16 p.m. HK)Israel will close its schools on Thursday, a day earlier than planned, due to the significant increase in coronavirus infections, the prime minister’s office said. The government had planned to close schools from Friday to coincide with the start of a partial three-week countrywide lockdown. Over 5,500 cases were confirmed in the past day.China Expects Virus Vaccine to Be Ready in November (1:19 p.m. HK)Coronavirus vaccines will be ready for public use as early as November or December in China, a top scientist said, which would make the country one of the first in the world with an inoculation.Several vaccine candidates progressed very smoothly through the final stage of clinical trials, Wu Guizhen, chief bio-safety expert at China’s Disease Control and Prevention Center, said in an interview with state television on Tuesday.German Cases Rise Most in Eight Days (1:11 p.m. HK)The number of new coronavirus cases rose by the most in eight days in Germany as the infection rate hovered around the key threshold of 1.0.There were 1,792 new cases in the 24 hours through Wednesday morning, according to data from from Johns Hopkins University. The reproduction factor of the virus, known as R-naught, fell to 1.04 on Tuesday, according to the latest estimate from the Robert Koch Institute. Most new infections are happening in the context of family reunions, according to the health institute, and the proportion of travel returnees among the cases is decreasing.A $2.6 Trillion Bond Binge (12:03 p.m. HK)The coronavirus pandemic has fueled a rush to lock in cash, with companies globally selling the most debt ever in 2020. Firms have sold $2.61 trillion of notes so far this year across all currencies, surpassing previous full-year records, according to data compiled by Bloomberg. Corporate bond-buying programs by the Federal Reserve and other major central banks eased access for companies to raise funds in the capital markets.India Cases Surge (11:40 a.m. HK)India’s virus cases reached the 5 million mark with the addition of more than 90,000 new cases. The virus has been spreading in India at one of the fastest paces in the world. India has the third-highest death toll from Covid-19, trailing the U.S. and Brazil.The real number of infected and dead in India from Covid-19 is likely far higher than the official numbers, due to under-reporting and inadequate testing. A nationwide serological survey released last week suggested that more than six million people were infected as early as May.India’s strict lockdown, implemented in late March to contain the outbreak, led to the biggest contraction among major economies with gross domestic product shrinking 23.9% in the three months to June from a year earlier. India’s GDP is projected by the Asian Development Bank to shrink 9% this year, the most among major Asian economies.U.K. Carrier Three to Cut Jobs (9:38 a.m. HK)CK Hutchison Holdings Ltd., the Hong Kong-based conglomerate founded by tycoon Li Ka-shing, is cutting about 280 jobs at British phone company Three under new Chief Executive Officer Robert Finnegan. The decision mainly affects head-office staff in the U.K. and represents a roughly 7% reduction to the company’s 4,300 workers.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.