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Latest Articles in coronavirus outbreak

Microsoft Shares Fall 4% After Warning Of Coronavirus Hit To Supply Chain

The drop in share price wiped off nearly $50 billion from the Microsoft's market value on a day when broader markets were down more than 2%.

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After Mastercard, Paypal Sees Revenue Hit From Coronavirus Outbreak

Mastercard Inc said its net revenue in the first quarter would take a hit of 2%-3% over its previous forecast if the coronavirus outbreak persists through the quarter.

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Coronavirus Toll Mounts To 2,744 In China

The total number of people infected with the virus in the country now stands at 78,497.

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Coronavirus Disrupts Sports Events, Affects Stadiums' Revenue: Fitch

The outbreak were to be prolonged or uncontained, resulting in further cancellations of major events such as the Tokyo 2020 Olympic Games, the negative effect on stadium transactions will be deeper.

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Trump Appoints Pence To Lead US Response To Coronavirus Outbreak

Trump made the remarks during a press conference with officials from the Centers for Disease Control and Prevention and others to discuss the spread of the virus.

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Oil Falls For Fifth Day As Coronavirus Spreads Outside Of China

Brent crude was down 77 cents, or 1.4% at $52.66 a barrel at 0204 GMT. The contract earlier fell to its lowest since January 4, 2019.

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Govt Closely Monitoring Coronavirus Impact On Economy: FM

Over 2,700 people have died due to Novel Coronavirus 2019 (COVID-19) while the number of those infected is around 80,000.

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Asia Pacific Airlines See Growth In Passenger Markets, Soft Cargo Demand

Overall, 33.8 million international passengers were carried by the region's airlines, representing a 2.7 per cent increase compared to the same month last year.

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OPEC+ Will Take Responsible Approach To Virus - Saudi Energy Minister

Oil climbed on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the global spread of the virus capped gains.

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Coronavirus Clouds Apple's Timeline For New Iphones

The world's largest contract electronics maker, delayed reopening key iPhone factories in Shenzhen and Zhengzhou after the Lunar New Year holiday but hopes to resume half of its Chinese production by the end of February.

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Virgin Australia To Cut Capacity, Fleet As Coronavirus Erodes Demand

The bleak outlook comes as Australia's second-biggest airline reported a 78% plunge in underlying pre-tax profit for the six months ended December.

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WHO Calls On International Community To Prepare For Potential Coronavirus Pandemic

As per the latest update, more than 77,000 people have been infected worldwide, with more than 2,600 deaths.

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Death Toll Of Coronavirus In China Reaches 2663

There are currently 77,658 confirmed cases, 2663 fatalities, and 27,232 recoveries.

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Which Firms Will Profit From Coronavirus Outbreak?

Aviation and hospitality firms are among those most impacted by the virus outbreak and Singapore Airlines (SIA) comes to mind.

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Oil Prices Slide On Demand Concerns As Virus Spreads Globally

Brent crude fell by $1.42, or 2.4%, to $57.08 a barrel by 0552 GMT, but off a low of $56.53 touched earlier. U.S. crude futures fell by $1.26, or 2.4%, to $52.12.

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