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Tech

Foxconn Says Cautiously Resuming China Output, Warns Coronavirus Will Hit Revenue

Apple iPhone maker Foxconn said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year by the coronavirus epidemic. The statement comes just days after Apple rescinded its March quarter sales guidance, saying factories in China have been slower to get back to work …

Tech

‘Face ID-Compatible’ Custom Face Masks Could Protect You From Coronavirus and Still Unlock Your iPhone

If you’ve been following the news lately, you probably already have a good idea about the recent global outbreak of the novel coronavirus. As a result, people have been advised to wear protective face masks when they’re outside or in a high-risk area. While on one hand, these face masks offer protection from the coronavirus, …

Tech

Coronavirus: Intel Labs Day Postponed Over Virus Outbreak Fears

After Facebook, coronavirus has derailed another significant tech summit in the Silicon Valley, this time from global chipmaker Intel which on Monday decided to postpone briefing sessions at its conference that was scheduled from March 12-13 in San Francisco. Intel said in a statement that the briefing sessions would not be organised as scheduled “due …

Tech

Facebook Cancels Global Marketing Summit on Coronavirus Fears

Facebook said on Friday it had cancelled its Global Marketing Summit scheduled for next month in San Francisco due to coronavirus-related risks. The event, scheduled for March 9 to March 12 at the Moscone Center, was expected to see over 4,000 participants. “Out of an abundance of caution, we cancelled our global marketing summit due …

Politics

Hundreds of Chinese firms seek billions in loans amid coronavirus outbreak: Report

BEIJING: More than 300 Chinese firms including Meituan Dianping, China’s largest food delivery company, and smartphone maker Xiaomi Corp are seeking bank loans totalling at least 57.4 billion yuan ($8.2 billion) to soften the impact of the coronavirus, two banking sources said. The firms, including China’s dominant ride hailing service provider, Didi Chuxing Technology Co, …

Politics

Weak growth to pull down Indian rupee, coronavirus fears to impinge: Report

BENGALURU: The battered Indian rupee will weaken further against the dollar over the coming year as a significant pickup in economic growth is unlikely, according to a Reuters poll of strategists who said the coronavirus outbreak was a downside risk. While Reserve Bank of India (RBI) governor Shaktikanta Das has said reviving growth was a …

General

British scientist makes breakthrough in race for coronavirus vaccine

The vaccine will be too late for this current outbreak but it will be crucial if there is another one. Conventional approaches usually take at least two to three years before you even get to the clinic: Head of mucosal infection and immunity at Imperial College London | Photo via REUTERS A leading British scientist …

Health

Coronavirus has infected more than 24,500 people globally: List of countries with cases

Most of the coronavirus deaths have been in central Hubei province, where illnesses from the new type of coronavirus were first detected in December. In China, 490 deaths have been registered | Photo from REUTERS A viral outbreak — new type of coronavirus — that began in China has infected more than 24,500 people globally. …

General

Punch your coronavirus stress away, China tells citizens in ground zero

Here’s what a Communist Party official told Chinese living in Hubei province, whose capital, Wuhan, is ground zero for the deadly coronavirus epidemic sweeeping across the world. Workers setting up beds at the Wuhan Parlor Convention Center to convert it into a makeshift hospital following an outbreak of the new coronavirus, in Wuhan, Hubei province, …

General

Trump says US has ‘shut down’ coronavirus threat, China shuns US help

The United States has taken decisive action to protect Americans from the threat of a fast-moving coronavirus while offering help to China, President Donald Trump said on Sunday, but a key adviser said Beijing had not accepted the offers of assistance. Trump appeared to downplay concerns about the impact in the United States of the …