- 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.
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
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Source: Reuters - 🏆 2. / 97 Read more »