Amazon and other big companies are trying to keep their employees healthy by banning business trips, but they’ve dealt a gut punch to a travel industry already reeling from the virus outbreak.
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Amazon and other big companies are trying to keep their employees healthy by banning business trips, but they’ve dealt a gut punch to a travel industry already reeling from the virus outbreak.
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Taiwanese tech giant and iPhone assembler Foxconn said Tuesday its Chinese factories are operating at 50 percent of seasonal capacity and are expecting to take a hit for the current quarter due to the coronavirus outbreak.
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Twitter staff across the world were asked to work from home starting Monday in an effort to stop the spread of the deadly new coronavirus epidemic.
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Major travel disruptions due to the new coronavirus have already caused the equivalent of a roughly $100 million loss to airlines in the Middle East, which serves as a connection hub for east-west travel, the industry’s main trade association said Monday.
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German airline group Lufthansa said Monday it was extending flight cancellations on Iran and China routes until late April, part of a broader rollback because of the novel coronavirus.
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German airline Lufthansa on Friday announced that it expects to reduce its flights by up to 25 percent in the coming weeks due to the increasing spread of the new coronavirus.
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A popular game that allows players to create a virus and spread it worldwide has been pulled from Apple’s App Store in China, its developer said, as the country battles a real-life epidemic.
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China’s car market could shrink up to seven percent year-on-year in 2020 as the effects of the novel coronavirus outbreak bite, Germany’s VDA manufacturers’ association said Thursday.
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Foreign firms in virus-hit China are expecting large drops in revenue, especially for the first half of the year, with some planning to lower their business targets, said trade associations on Thursday.
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