Coronavirus: Chevron tells Canary Wharf staff to work remotely February 26, 2020 Chevron has told 300 UK staff to work from home over fears a British employee in its Canary Wharf office may have contracted the coronavirus. Traders, as well as exploration and refining staff, must all work remotely until Chevron gets the test results on the affected member of staff, a source told Reuters. “Chevron continues [...]
Japan’s Nikkei sinks after global stocks’ Covid-19 plunge February 25, 2020 Japan’s stock market plummeted overnight after a plunge in global stocks yesterday as investors reacted to a rapid spread of the Cobvid-19 strain of coronavirus outside of China. The Nikkei sank 3.3 per cent after US and European stocks suffered similar falls as Italy revealed a huge rise to 229 cases of the Covid-19 virus. [...]
Coronavirus: Brits returning from Italy told to self-isolate after Covid-19 outbreak February 25, 2020 Brits returning from northern Italy should self-isolate if they experience symptoms associated with the coronavirus outbreak, the UK’s health secretary said today. Matt Hancock advised anyone travelling back to the UK from north of Pisa to stay at home for a period of two weeks if they exhibit flu-like symptoms. It follows Italy confirming seven [...]
Coronavirus: Countries step up preventative measures as death toll rises February 25, 2020 Countries around the world are stepping up efforts to prevent the spread of the coronavirus as the number of confirmed global cases hit 80,000. After the World Health Organization (WHO) warned yesterday that the world should prepare for a possible pandemic, worst-hit countries outside of China such as Italy, South Korea and Japan have all [...]
World Health Organisation ‘concerned’ about growing number of coronavirus cases without a link to China February 22, 2020 The World Health Organisation’s (WHO) chief has admitted the number of cases of coronavirus occurring without a clear link to China is “concerning”. It comes following an announcement from Iran confirming two more deaths, brining the total in the country to four. WHO leader, Dr Tedros Adhanom Ghebreyesus, said the window of opportunity to contain [...]
Escalating coronavirus cases drag down European stocks February 21, 2020 The FTSE 100 fell today as European stocks slipped into the red on news that coronavirus cases outside of mainland China are escalating. London’s blue-chip index dropped 0.63 per cent in early trading to leave the FTSE 100 at 7,390 points. European stocks also retreated into the red. Germany’s Dax dipped 0.2 per cent while [...]
Chinese passenger car sales fall 92 per cent in February February 21, 2020 Chinese sales of passenger cars collapsed 92 per cent on an annual basis in the first 16 days of February as the coronavirus outbreak halted business output across the country. According to China Passenger Car Association (CPCA), only 4,909 vehicles were sold in the period, down from 59,930 in the same period a year earlier. [...]
Diamond Princess: Evacuation of UK passengers delayed February 21, 2020 The evacuation of Brits trapped aboard the coronavirus-struck Diamond Princess cruise ship has been pushed back by 24 hours. The British embassy has delayed the departure of a flight from today to tomorrow, saying it is “logistically complicated”. Around 70 British citziens have spent more than two weeks in quarantine on the Diamond Princess after [...]
Coronavirus on the G20 agenda as cases outside China multiply February 21, 2020 The coronavirus is set to be on the G20 agenda this weekend as finance leaders from around the world gather in Saudi Arabia. The risk the virus poses to the global economy is set to be discussed as the number of cases continues to creep up and those outside of China multiply. China confirmed the [...]
FTSE 100 climbs back after Apple’s coronavirus blow February 19, 2020 The FTSE 100 staged a recovery from yesterday’s two-week low today as traders welcomed a smaller increase in the number of new coronavirus cases. The number of Covid-19 cases rose to 75,000 today but China reported a second consecutive low number of new infections at 1,749. The death toll also climbed to 2,004 but the [...]