Coronavirus hits UK as first two cases confirmed January 31, 2020 There have been two cases of coronavirus confirmed in the UK today, Public Health England has said. Two people from the same family have tested positive for the virus, according to Professor Chris Whitty, chief medical officer for England. The Department of Health has declined to confirm the identities of the pair or where in [...]
FTSE 100 back in the red as coronavirus surpasses Sars outbreak January 30, 2020 The FTSE 100 fell sharply in early trading today as European stocks sank into the red after the number of coronavirus cases surpassed the total for the Sars outbreak in the early 2000s. Coronavirus has now killed 170 while the number of infections has risen to 7,700. There were around 5,200 cases of Sars, which [...]
Government’s Huawei 5G cap will cost BT £500m January 30, 2020 BT today warned the government’s decision to cap Huawei’s involvement in the UK’s 5G network will cost the telecoms giant £500m over the next five years. BT welcomed the “clarity” provided by Prime Minister Boris Johnson’s decision to enforce a 35 per cent cap on Huawei’s 5G involvement. But CEO Philip Jansen today warned of [...]
Mike Pompeo warned of Huawei risk ahead of Raab meeting January 29, 2020 Foreign secretary Dominic Raab met with Pompeo this evening to discuss co-operation between the two countries but Huawei did not feature in their discussion. The US Secretary of State Mike Pompeo called for the UK to “relook” at the decision to allow Huawei to have a role in its 5G infrastructure earlier today. The “special [...]
Coronavirus could hit Bosch automotive supply chain in China, warns chief executive January 29, 2020 The biggest automotive supplier in the world has warned the coronavirus outbreak could hit its global supply chain. The chief executive of Bosh, Volkmar Denner, said that although there has been no disruption yet, “we are naturally concerned”. Bosch relies heavily on China as a global manufacturing base for exporting electric motors, transmissions and power [...]
Coronavirus: Brits returning from Wuhan face two weeks in quarantine January 29, 2020 British citizens being flown back to the UK from the Chinese city of Wuhan tomorrow will be put in quarantine for two weeks as a precaution against coronavirus. The government will evacuate Britons from Wuhan, where the outbreak started, and the surrounding Hubei province as the virus spreads across China. Hundreds could be flown home. [...]
Hong Kong stocks tumble three per cent on coronavirus fears January 29, 2020 The Hong Kong stock index slumped three per cent overnight in its first day of trading since the coronavirus outbreak intensified over the Chinese Lunar New Year. Coronavirus has now claimed 132 lives while the number of cases has hit 5,974. The jump in deaths has triggered an international response, with British Airways the latest [...]
Toyota, Starbucks and LVMH shut down some China operations over coronavirus fears January 29, 2020 Japanese carmaker Toyota, US coffee chain Starbucks and French luxury goods company LVMH have all shut down some of their China operations in reaction to the spread of the coronavirus. Toyota said today that it would keep its plants in China closed until at least 9 February in reaction to the spread of the virus. [...]
Johnson’s Huawei gamble is exactly that January 29, 2020 So, they’re in. After all the hullaballoo of recent weeks, the actual announcement that Huawei will be granted access to the UK’s 5G infrastructure was something of a damp squib, slipped out in a press release that didn’t even dare mention the name of the Chinese company. This is Boris Johnson’s first major decision, and [...]
Hong Kong Racing Tips: Rev can ensure Hall’s night ends on a High January 28, 2020 CHINA’S population is enduring a very tough time at present as a result of the deadly virus which is causing grief around the world. The outbreak has meant that there is a partial lockout for all visitors at both Sha Tin and Happy Valley for the foreseeable future. Only key personnel, horse connections, media and [...]