Factbox: Companies feel impact of coronavirus outbreak in China

  • 📰 Reuters
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

The coronavirus outbreak in China is hurting the bottom lines of businesses. These companies are feeling the impact of the global health emergency

- Some companies have warned that a coronavirus outbreak in China that has killed more than 200 people and infected thousands could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights.

** Hyundai Motor said it planned to halt South Korean production of a sport utility vehicle this weekend to cope with a supply disruption caused by the virus outbreak. ** McDonald’s, which closed several hundred of its roughly 3,300 stores in China, said overall impact on profits would be “fairly small” if the virus stayed contained in China.

** Samsung affiliate and battery maker Samsung SDI, which counts Volvo among its customers, warned of a hit to its March-quarter earnings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Let's save lives fist and think of business

But home deliveries, streaming services do great business, I expect.

There is no bottom until a Great Depression

SOOOO-China--WHY not do what America does---and just IGNOR the outbreak---THEN it would be BUSINESS AS USUAL!!!

What ? No tax. No sympathy

Forget illness muh bottom line!

Come to India

H&M is a sweat shop so if they go out of business they will actually do the world good. Mcedees will never suffer bc they are the prototype for walmart. And the rest of the companies will be just fine.

Boo hoo. These are themultinationals who pay no tax?

Poor them

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Factbox: Commodity market impact from the coronavirus in ChinaA new coronavirus that has killed 170 people in China and spread to over a dozen... Hope everything will be better soon sincerely.
Source: Reuters - 🏆 2. / 97 Read more »