U.K. Pares Red List to Seven Countries in Bid to Encourage Air Travel

The U.K. eased entry rules for 47 countries and territories that were subject to the tightest Covid-19 restrictions, in the latest step to shed travel curbs and revive tourism-dependent businesses. 

Airline shares rose on Friday, after the Department for Transport said visitors from places including South Africa, Mexico and Brazil no longer require a 10-day hotel quarantine. Only seven nations -- all in Latin America -- will remain on the so-called red list after changes take effect on Monday. 

Read more on Bloomberg.