Some companies have warned that a coronavirus outbreak in China that has killed ...
- Some companies have warned that a coronavirus outbreak in China that has killed more than 200 people and infected thousands could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights.
- Hyundai Motor said it planned to halt South Korean production of a sport utility vehicle this weekend to cope with a supply disruption caused by the virus outbreak. - McDonald’s, which closed several hundred of its roughly 3,300 stores in China, said overall impact on profits would be “fairly small” if the virus stayed contained in China.
- Sangyong Motor said it would idle its plant in the South Korean city of Pyeongtaek from Feb. 4 to Feb. 12 for the same reason. - SK Hynix, which has a chip plant in the eastern Chinese city of Wuxi, said the outbreak had not yet disrupted production but that could change if the situation was prolonged.
- Deere & Co DE.N said it has temporarily closed its facilities in China until the company determines it appropriate to reopen.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Factbox: Companies feel impact of coronavirus outbreak in ChinaThe coronavirus outbreak in China is hurting the bottom lines of businesses. These companies are feeling the impact of the global health emergency
Read more »
Gilead working with China to test Ebola drug as new coronavirus treatmentGilead Sciences Inc said on Friday it provided its experimental Ebola therapy fo...
Read more »
China reports 259 people have died of new virus; 11,800 sickBEIJING (AP) — China has reported 259 people have died of a new virus, which has now infected nearly 11,800 people as the United States declared a public health emergency and took drastic steps to...
Read more »
Some Americans to leave China, many stay after US advisorySome Americans plan to leave China after the U.S. government advised about a spreading virus outbreak, but many others are staying. The State Department issued a travel advisory Friday saying Americans in China “should consider departing.” That followed the evacuation earlier this week of about 200
Read more »
Major U.S. airlines cancel China flights as government steps up warningsThe Trump administration declared a public health emergency over the coronavirus outbreak and said it would take the extraordinary step of barring entry to the United States of foreign nationals who have recently traveled to China
Read more »
China virus toll passes 250 as travel curbs tightenedUS declared a public health emergency over the coronavirus outbreak as at least 258 people die and more than 11,000 get infected in China, according to new figures from officials in hard-hit Hubei province.
Read more »