Prices of key pharma ingredients could rise if coronavirus outbreak in China prolongs
- Pankaj Patel, Zydus Group Chairman
Covid: Five admitted to hospitals; 39,784 screened till now
Prada says puts off fashion show in Japan due to coronavirus
Finance Minister Nirmala Sitharaman on Tuesday said she will discuss with the PMO about the relief that could be offered to industry but allayed any immediate worries about scarcity of any raw materials as yet on account of inventories built up by sectors as also on price rise.
Coronavirus threatens Apple supply chain, sales; shares drop
Shares of Apple Inc fell 2 % on Tuesday and dragged the stocks of its suppliers across the globe lower, after the iPhone maker warned of lower sales in the current quarter acknowledging that the coronavirus outbreak was pressuring its supply chain.
One Russian on cruise ship confirmed to have coronavirus: Embassy
ET Daily Rundown: The coronavirus claims 1,800
Sun Weidong when asked, "Is there a possibility that virus was released from Wuhan Institute of Virology accidentally but not from seafood market":
Sun Weidong when asked, "Is there a possibility that virus was released from Wuhan Institute of Virology accidental… https://t.co/RMnOhPcyn9
The new cases take the total from the Diamond Princess to 542 -- easily the biggest cluster outside the epicentre in China -- as the cruise ship has proved an especially virulent breeding ground for the virus despite quarantine. The new cases will be sent to specialised hospitals, the ministry said in a statement.
Doctors at the medical centre are still treating 184 people, including 14 in critical condition. They are using a mix of methods including anti-viral medications, corticosteroids, blood plasma from recovered patients, and a healthy dose of traditional Chinese medicine (TCM).
Hospital director dies in China's Wuhan
The head of a leading hospital in China's central city of Wuhan, Liu Zhiming, died of the disease on Tuesday, state television said.
Japan completes virus testing for quarantined ship
All passengers and crew on board a ship quarantined off Japan have now been tested for the new coronavirus, the government said Tuesday, as more countries moved to evacuate citizens from the boat.
South Korea became the latest to announce it would remove its citizens from the Diamond Princess, where more than 400 people have tested positive for COVID-19.
Japan has faced criticism for its handling of the situation, with dozens of new infections detected almost daily since the ship arrived in early February.
China offers tariff exemptions on US medical equipment
Products that qualify include patient monitors, blood transfusion equipment and instruments to measure blood pressure, according to a list released by the Customs Tariff Commission of the State Council.
Holland America Line said it was working with governments and health experts to track passengers who disembarked from its Westerdam cruise ship in Cambodia after an American woman tested positive in Malaysia.
India's poultry sales decline after coronavirus rumours linked to chickens
India's poultry industry has lost 13 billion rupees ($182 million) in three weeks after speculation on social media that chickens are a cause of the spread of coronavirus, denting demand for chicken and nearly halving prices, say industry officials. Millions of small poultry farmers have been hit by a sudden drop in sales. Soybean and corn producers are also being affected with prices of both the commodities used in animal feed have falling up to 8% in the last three weeks.
New virus has infected more than 73,000 people globally
A viral outbreak that began in China has infected more than 73,000 people globally. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it.
Samsung offers phone delivery service for test use
Samsung Electronics has launched smartphone delivery services for customers to test its new products, as the spread of the coronavirus has prompted the tech giant to cancel promotional events and brace for weak store sales. The move highlights efforts made by the global smartphone industry, one of the tech sectors most hurt by the virus outbreak in China, to minimise the impact on business. Analysts say the virus may slash demand for smartphones by half in the first quarter in China, the world's biggest market for the devices.
Covid-19: Indians mindful of risk, want govt to keep tabs on arrivals
How are Indians reacting to the outbreak of Covid19, which has claimed 1,700 lives so far? A series of online polls by LocalCircles reveal that Indians are mindful of the threat especially when travel volumes to and from China and other south-east Asian countries have been rising in recent years.
7 Maldivians, rescued from coronavirus-hit China
Delhi: Seven Maldivian nationals, including a child depart for airport from the Indo-Tibetan Border Police (ITBP) q… https://t.co/zMrXYlRyCr
Coronavirus infections slow in China as Apple warns of iPhone shortages
Apple Inc become the latest company to flag lower revenue as a result of the epidemic, saying it would not meet its revenue guidance for the March quarter because of slower iPhone production and weaker demand in China. The technology company's manufacturing facilities in China had begun to reopen, but they were ramping up more slowly than expected, it said in a statement to investors. "These iPhone supply shortages will temporarily affect revenues worldwide," the company said.
Coronavirus casts shadow on China's big screen ambitions
On a Friday night in one of Beijing's central shopping districts, the popular Megabox cinema is shuttered and empty. Like entertainment venues across the capital, the eight-screen movie theatre has been closed for nearly a month in response to the coronavirus outbreak which has swept China, infecting more than 70,000 people. The closures could have a devastating impact on China's film industry -- and its target to overtake the US this year as the biggest box office in the world. With sales decimated in the first two months of the year, this now looks unlikely.