Monkeypox cases fell by a fifth last week as infections in Europe dropped but the outbreak is going through “intense transmission” in the Americas, the World Health Organization said Thursday.
China’s biggest tech hub is rushing to stamp out a fresh Covid outbreak, ordering some of the country’s biggest manufacturers to operate in a ‘closed loop’ to reduce infections, state media reported.
Tens of thousands of mask-making companies mushroomed across China at the start of the coronavirus pandemic, but many are struggling to survive as they face stricter quality control measures and falling domestic demand.
World crude prices have staged a modest recovery from last month’s dizzying collapse, prompting analysts to wonder whether the worst of the 2020 oil crisis is over.
The coronavirus outbreak will have a major impact on economic growth worldwide this year, the OECD warned Monday as it lowered its global GDP forecast by half a percentage point to 2.4 percent, the lowest rate since the 2008-09 financial crisis.
The world’s biggest brewer, AB InBev, Thursday forecast a rise in 2020 operating profits despite a difficult first quarter owing to the coronavirus epidemic, which has already cost it $285 million.
Seoul led a sharp drop across Asian equity markets on Monday as South Korea announced a surge in COVID-19 infections, while oil plunged and safe-haven assets rallied on growing concerns about a possible pandemic.
French fashion house Chanel said Monday it was postponing a show set for May in Beijing following an outbreak of a new coronavirus that has infected some 70,000 people across China.
BHP, the world’s biggest miner, warned Tuesday that demand for resources could be hit by the novel coronavirus outbreak in China unless the epidemic is contained by the end of March.
United and American Airlines on Wednesday both announced plans to temporarily suspend flights to Hong Kong following the outbreak of a deadly new coronavirus.