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Upcoming Shanghai textile fairs postponed over coronavirus

2020-02-03 14:10:00| Daily apparel & textile news and comment - from just-style.com

Apparel and textile trade fair organisers in China have postponed upcoming events as a precautionary measure around the novel coronavirus outbreak.

Tags: upcoming shanghai fairs textile

 

The Coca-Cola Co reassures market over coronavirus repercussions

2020-02-03 13:44:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co CEO James Quincey has said the coronavirus outbreak in China is unlikely to affect its top-line performance in the longer-term, despite offices and manufacturing sites in the country remaining closed.

Tags: market repercussions cocacola reassures

 
 

Baidu raises Q4 revenue guidance, postpones results amid coronavirus outbreak

2020-02-03 10:09:00| Telecompaper Headlines

(Telecompaper) Baidu has updated its guidance for the fourth quarter of 2019. Baidu has also postponed the date for reporting its financial results for the fourth quarter to 27 February, "due to the evolving situation brought upon by the outbreak of the novel coronavirus in China". This decision is expected to give Baidu "more time to observe the business condition for the first quarter of 2020", the company said.

Tags: results revenue guidance raises

 

Coronavirus: Chinese stocks plunge as markets reopen

2020-02-03 03:18:01| BBC News | Business | UK Edition

The sharp fall comes despite the central bank pumping billions of dollars into the financial system.

Tags: chinese markets stocks plunge

 

Coronavirus: China to pump $170bn into economy amid growth fears

2020-02-02 12:27:35| BBC News | Business | UK Edition

The money will be deployed on Monday as financial markets reopen after an extended break.

Tags: china growth economy pump

 

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