Officials in Beijing confirmed the diagnosis of more than 15,000 new cases of Coronavirus Thursday; raising the death toll from the disease by more than 250 people.
“The chief executive of smartphone maker Xiaomi said the the disruption caused by the coronavirus outbreak could impact first-quarter sales, but CEO Lei Jun said Thursday that he believes demand will bounce back in the second and third quarters,” reports CNBC.
“Due to the outbreak of (the) virus, this year’s first quarter smartphone sales will face an impact, but we believe that in the second and third quarters they will strike back. Overall, the impact might not be that serious,” the CEO said.
“The coronavirus is causing travel demand to slump across the whole Asia-Pacific region, according to data released by travel analytics firm ForwardKeys on Thursday, with the region seeing a 10.5% slowdown in outbound travel bookings for March and April (excluding trips to and from China and Hong Kong),” adds CNBC.
Read the full report here.
Source CNBC
CORONAVIRUS OUTBREAK: 1000 Dead, 42K+ Cases, Experts Say Could Reach 60% of Global Population
The Coronavirus outbreak claimed its 1,000 victim in mainland China Tuesday; sparking new fears that the global disease could impact 60% of the world’s population if unchecked.
“With the death toll from the coronavirus at 1,017, the head of the World Health Organization gathered top scientists in Geneva on Tuesday to try and answer a raft of questions about the new disease. Director-General Tedros Adhanom Ghebreyesus issued a plea for global unity against ‘a common enemy that does not respect borders or ideologies,’” reports CBS News.
“With 99% of cases in China, this remains very much an emergency for that country, but one that holds a very grave threat for the rest of the world,” Tedros warned.
Health officials in Hong Kong issued even more dire predictions Tuesday, saying 60% of the world’s population could be infected if the disease remains unchecked.
“The coronavirus epidemic could spread to about two-thirds of the world’s population if it cannot be controlled,” reports the Guardian.
Read the full report here.
VIRUS GOES GLOBAL: Coronavirus Confirmed in Rome, Cases ‘Surge 3,000%’ in China
Global health experts continued their struggle to slow the spread of the Coronavirus in China and other countries Friday; confirming there has been a 3,000% increase in cases across the globe including two in Rome, Italy.
“The number of confirmed cases of the new coronavirus in China has skyrocketed to more than 9,000, surpassing the official count during the SARS epidemic. But the true number of infections may be even higher, as health workers struggle to catch up with the disease,” reports Bloomberg.
“A shortage of testing kits and overworked hospital staff are straining China’s health system, hampering efforts to accurately track how many people have the pathogen. The result is a hectic and imprecise process that’s creating bottlenecks as health experts attempt to pin down the scope of a disease that has claimed more than 200 lives,” adds the website.
This is a developing story. Read the full report here.
Source: Bloomberg
Thank you for visiting 
