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Company profit warnings signal coronavirus is already a global crisis

  • 📰 The Straits Times
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  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

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SYDNEY (BLOOMBERG) - For big business, the impact of the new coronavirus epidemic is already being felt worldwide.. Read more at straitstimes.com.

SYDNEY - For big business, the impact of the new coronavirus epidemic is already being felt worldwide.

The US credit-card network cut its revenue-growth forecast as the spread of infections puts off travelers. United scrapped its 2020 profit forecast altogether, underscoring the unpredictable nature of the two-month-old health emergency. Increasingly, though, the coronavirus has become a concern for any industry fed by a global supply chain.

SPREADING GLOBALLY The number of coronavirus cases in South Korea soared over the past week, rising from just dozens to more than 800, making it the most-infected country outside China. Meanwhile swathes of Italy are in lockdown, and total cases worldwide have topped 80,000.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Since 2018, I have been discussing prospects of the next economic crisis with my close friends and colleagues. I could predict a collapse; but very difficult to specify a timeline because nobody knows what will become the trigger. Unfortunately, COVID19 happens to be it.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

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