Government, Business

China’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. 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.

Krystal Chia | Bloomberg News
January 29, 2020
Business

Toyota Halts Operations in China

People with face masks arrive at a train station in Bangkok on Jan. 27. 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, 2020
Government, Business

Tangshan, China’s Biggest Steel Town, Halts Buses

Chinese workers pack steel rolls in a Tangshan steel factory in 2016. 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.

Krystal Chia | Bloomberg News
January 28, 2020
Business

Energy Stocks Slump Again on China Virus Fears

Pedestrians wearing masks walk in Shanghai, China, on Jan. 23. 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.

Michael Bellusci | Bloomberg News
January 27, 2020
Government, Business

Honda, 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. 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

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