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The US firm will increase its stake in its Chinese JV, Morgan Stanley Huaxin Securities Co Ltd, to 51 percent and ultimately to 100 percent, Gorman said, as Chinese regulators have given foreign firms the green light to own majority stakes.

The US death toll from COVID-19 has topped 120,000, according to a tracker maintained by Johns Hopkins University.

The US military has been authorized to provide logistics, health and engineering support to the Bahamas for up for 14 days if needed, General Terrence O'Shaughnessy, the head of US Northern Command, told reporters on Tuesday.

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The UK's Department of Health and Social Care has invested 800,000 pounds(.03 million) into British pharmaceutical company Oxford Drug Design, which is currently collaborating with partners in China on research into antimicrobial resistance, or AMR.

The United States and other Western countries have been slow to adopt face masks, while governments in Asia, including China and South Korea, urged residents to wear masks early in the pandemic.

The US is also irked by what it sees as a growing thicket of Indian bureaucracy for US companies such as Walmart, which last year invested billion in Flipkart in a major bet on the local e-commerce market.

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The United States suffered the most from the pandemic, with 3,054,695 COVID-19 cases and 132,299 fatalities up to date, according to the Center for Systems Science and Engineering at Johns Hopkins University.

The United States said on Thursday it has seized a DPRK cargo ship, claiming it had violated international sanctions, a first-of-its kind enforcement action that comes amid tense relations between the two countries.

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The US Commerce Department's Bureau of Industry and Security, or BIS, this week banned American companies from selling to ZTE for seven years, saying the Chinese company had broken a settlement agreement with repeated false statements. The action was sparked by ZTE's violation of an agreement that was reached after it was caught illegally shipping US goods to Iran.

The Under 2 MOU is a government coalition that refers to limiting warming below 2 degrees Celsius, which the Intergovernmental Panel on Climate Change (IPCC) scientists say is needed to avoid dangerous consequences.