Keep up to date with real-time official news on Coronavirus
Get the latest public information on the outbreak of coronavirus, including the current situation in the UK and information about the virus and its symptoms. Visit gov.co.uk
Beyond contamination in Italy, how COVID19 threatens Europe’s economy
By the time coronavirus arrived in Italy’s industrial heartland, shutting down his factory and threatening Europe with economic damage, Antonio Falchetti was already a veteran in the battle to contain the global epidemic. Read the full article on The New York Times
How Coronavirus is affecting big tech firms
The spread of the coronavirus epidemic may be starting to slow, but its reverberations continue to be felt across a number of industries. Tech companies taking a hit range from Apple to Airbnb to Alibaba, all of which rely on either China’s production engine or its consumption machine—or both. But the size of the impact varies by company. Read the article from The Information
The impact of Coronavirus on Chinese car exports
Car sales in China have dropped by 92% with the coronavirus stalling the automotive industry. The China Passenger Car Association (CPCA) said that almost no one has looked to buy vehicles in the first half of February. Read the article on The Guardian
Global stock markets are also shaken up
Following two days of massive losses due to the coronavirus outbreak, world stock markets have faced a tough downturn. In the UK, FTSE 100 drinks giant Diageo was the latest major firm to endure investor pressure after putting a figure on lost sales in China. Read the story on Sky News
Chevron London office asked 300 people to go home as virus fears rise
Oil giant Chevron has asked 300 staff at their Canary Wharf office to work from home as a precaution against coronavirus. Chevron took the step after one of its staff reported flu-like symptoms after returning from a country where there have been cases of the disease. Read the article on BBC