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Coronavirus:Over 9,800 infected, WHO declares world health emergency
The death toll from the new virus currently stands at 213 and the number of reported cases at well over 8,000. It has now infected more people in China than were affected during the outbreak of SARS, a relation of the coronavirus.
Coronavirus: China toll rises to 132; total number of infected near 6000
From France to Japan, governments were organising evacuations, while Hong Kong – scene of anti-China unrest for months – planned to suspend rail and ferry links with the mainland. United Airlines said it was suspending some flights between the United States and China for a week from Feb.1 due to a “significant decline in demand.”
India among top 30 countries at ‘high risk’ from coronavirus spread: Study
The most “at risk” countries or regions worldwide are Thailand (1), Japan (2), and Hong Kong (3). The US is 6th on the list, Australia 10th, the UK 17th and India 23rd, the researchers said in the study released on Tuesday.
Coronavirus outbreak: IndiGo, Air India suspend flights between India and China
In India, many people are under observation in hospitals for suspected coronavirus infection including in Maharashtra, Goa, Odisha and the national capital. People returning to the country after visiting China are being regularly screened for the deadly virus at airports across the country.
Many global firms face high Coronavirus costs due to insurance exclusions
Companies buy business interruption policies with their property insurance to cover loss of revenue if they are forced to close temporarily, but those policies are also likely to exclude communicable diseases, an underwriter in London and insurance executives said.
Fighting Coronavirus virus with hygienic maesures
Hospitals are meant to be places where disease is cured — but they can also be where it’s most effectively propagated. That’s particularly the case with coronaviruses: The 2015 outbreak of Middle East Respiratory Syndrome in South Korea took place almost entirely within healthcare settings, with just a handful of transmissions outside of hospitals. About a fifth of people who caught Severe Acute Respiratory Syndrome worldwide were healthcare workers. That share rises further if you include patients who were infected in hospitals and clinics.
Coronavirus infects Asia stocks with exposure to China
“We don’t know how long it will go,” said Peter Costello, chairman of Australia’s $115 billion sovereign wealth fund, the Future Fund, in a media briefing to coincide with a regular portfolio update.
“Obviously we hope that the measures that have been taken now will contain the virus but it’s still far too early. It will have an obvious negative effect on the Australian economy and indeed beyond,” added Costello, a former Australian treasurer.
Death toll crosses 100 in China, global stocks tumble
During the 2002-2003 outbreak of Severe Acute Respiratory Syndrome (SARS), which originated in China and killed nearly 800 people globally, air passenger demand in Asia plunged 45%. The travel industry is more reliant on Chinese travellers now.
IRDAI issues guidelines on group health insurance policies of merged PSBs
Upon merger of these PSBs, the underlying group health Insurance policies of the customers of the merged banks will be continued to be serviced by the respective insurance companies which issued the policies till the end of policy period. The insurance companies will make suitable arrangements with the acquiring banks to this effect.
Apple’s China-centric supply chain Braces for disruption from Coronavirus
“Supply chain disruption is a worry if employees across Foxconn and other component manufacturing hubs in China are restricted,” said analyst Dan Ives of Wedbush Securities Inc. “If the China outbreak becomes more spread it could negatively impact the supply chain which would be a major investor worry.”