Coronavirus
Coronavirus Emergency Declared; WHO Downplays Trade Impact
Doctors look at a CT scan of a patient at a hospital in Wuhan in central China's Hubei Province on Jan. 30. (Chinatopix via Associated Press)
The World Health Organization declared the coronavirus outbreak that started in China a global emergency Jan. 30 after the number of cases worldwide spiked more than tenfold in a week.
January 30, 2020China’s Auto Production to Drop 15% Because of Virus, Supplier Aptiv Says
An employee uses a forklift to transport vehicle panels in a Chinese automobile plant in 2018. (Qilai Shen/Bloomberg News)
Automakers probably will dial back production by 15% in China this quarter after extending holiday shutdowns due to the potentially deadly coronavirus, a top supplier said.
January 30, 2020Oil Traders Brace for Asian Refining Cuts
(Frederic J. Brown/AFP via Getty Images)
Oil traders in Asia are expecting refineries to cut operating rates and extend shutdowns as the spread of coronavirus stops people from flying or traveling by road.
January 30, 2020China’s Steel Sector Braces as Virus Impacts Top Producer
An employee works near rolls of steel on the production line of a plant in Wuhan, China, in 2013. (Tomohiro Ohsumi/Bloomberg News)
The world’s top steelmaker is wrestling with the effects of the deadly, rapidly spreading virus that is impacting labor, logistics and demand across China.
January 29, 2020Toyota Halts Operations in China
People with face masks arrive at a train station in Bangkok on Jan. 27. (Photo by Mladen Antonov/AFP via Getty Images)
Toyota Motor Corp. is halting production in China and other companies suspended operations or asked employees to work from home as they grapple with a SARS-like coronavirus that has killed more than 130 people and is threatening a key growth market.
January 29, 2020Tangshan, China’s Biggest Steel Town, Halts Buses
Chinese workers pack steel rolls in a Tangshan steel factory in 2016. (Fred Dufour/AFP via Getty Images)
Public buses have been ordered off the roads in Tangshan, the biggest center for steelmaking in the world’s top producer.
January 28, 2020Energy Stocks Slump Again on China Virus Fears
Pedestrians wearing masks walk in Shanghai, China, on Jan. 23. (Qilai Shen/Bloomberg News)
Energy stocks have quickly reverted to being among 2020’s worst performers as fears increase that China’s deadly coronavirus will hit oil demand.
January 27, 2020Honda, Others Evacuate Workers as Coronavirus Takes Its Toll on Industry
People wearing masks walk on a street in the Kwun Tong district of Hong Kong, China, on Jan. 23. (Paul Yeung/Bloomberg News)
Global companies including Honda Motor Co. and Groupe PSA are evacuating workers from areas of China hardest hit by a deadly viral outbreak.
January 27, 2020