Companies feel impact of coronavirus outbreak in China

  • 📰 Reuters
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Some companies have warned that a coronavirus outbreak in China that has killed ...

- 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.

- Sangyong Motor said it would idle its plant in the South Korean city of Pyeongtaek from Feb. 4 to Feb. 12 for the same reason. - SK Hynix, which has a chip plant in the eastern Chinese city of Wuxi, said the outbreak had not yet disrupted production but that could change if the situation was prolonged.

- Deere & Co DE.N said it has temporarily closed its facilities in China until the company determines it appropriate to reopen.

 

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

who gives a FUCK about companies

those poor companies

Ok...so please correct me if I am wrong...these 'greedy' companies are just afraid and worry about losing some money from their millions of millions but obviously they don't care about the danger the people and their clients are going through...☣️

Everyone wanting more information about this virus should check out this article that may have just gotten zerohedge banned from twitter: The section I've highlighted seems to imply the virus is engineered/designed.

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: Companies feel impact of coronavirus outbreak in ChinaThe coronavirus outbreak in China is hurting the bottom lines of businesses. These companies are feeling the impact of the global health emergency Boo hoo. These are themultinationals who pay no tax? Poor them Come to India
Source: Reuters - 🏆 2. / 97 Read more »