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One third of humanity under virus lockdown
China, where the new virus emerged last year, loosened tough rules on the 50 million people in Hubei province on Wednesday after a months-long lockdown as the country reported no new domestic cases.
The provincial capital Wuhan — the ground zero of the outbreak after it was initially detected at a market that sold wild animals for human consumption — will allow residents to leave from April 8.
China reports 47 new imported cases, Covid-19 epicentre Wuhan resumes bus services
However, the prolonged lockdown of Hubei’s capital Wuhan will end on April 8, lifting the mass quarantine over the city with a population of over 11 million.
Olympics delay, not cancellation, provides reprieve for insurers
“Cancellation insurance usually includes postponement as standard,” said Tim Thornhill, sales director, entertainment and sport, at Lloyd’s of London broker Tysers, who also said this might not always be the case.
UK, U.S. Banks and regulators warn of wave of Coronavirus scams
In the United States, lenders including United Bank, Citizens Bank, and Fifth Third Bank are alerting customers to fraud-related schemes and encouraging them to protect their personal information. Northwest Bank is also providing customers with information and tools to help spot tactics aimed at obtaining customer financial information.
Coronavirus Pandemic:Tokyo Olympics postponed until 2021
Japan’s Olympics committee said the games were now untenable this year after Japanese prime minister Shinzo Abe asked the International Olympic Committee (IOC) on Monday to postpone them due to measures taken to combat COVID-19.
U.S. could become ‘coronavirus epicentre’, UK locks down,
WHO spokeswoman Margaret Harris said in Geneva there had been a “very large acceleration” in coronavirus infections in the United States which had the potential of becoming the new epicentre.
Coronavirus Pandemic: Surveys show pandemic savaging global economy
With the International Monetary Fund predicting a global recession, the world’s 20 largest economies agreed on Monday to develop an “action plan”, but without specifics.
US lawyer files $20 trillion lawsuit against China for Coronavirus outbreak
Larry Klayman, his advocacy group Freedom Watch and Buzz Photos, a Texas company, filed the lawsuit in the US District Court for the Northern District of Texas, alleging that the novel coronavirus was “designed by China to be a biological weapon of war”, and that whether or not the country intended to release it, China violated “US law, international laws, treaties, and norms.”
Manulife partners with dacadoo to help customers in Asia make healthier lifestyle choices
Using behavioural science, online coaching functions and curated wellness content, the Manulife-dacadoo partnership will enrich ManulifeMOVE’s offering. The enhanced capabilities, which feature dacadoo’s patented Health Score, will provide customers a new scientific yet simple scoring method to measure how healthy they are and what they need to do to stay healthy.
Trump says U.S. to make a decision on coronavirus at end of 15-day plan
Treasury Secretary Steven Mnuchin told “Fox News Sunday” the package would include loans for small businesses, direct deposits that could give an average family of four $3,000, and up to $4 trillion in liquidity for the U.S. Federal Reserve to help businesses get through the next 90 to 120 days.