This is a live blog. Please check back for updates. All times below in Beijing time. 7:40 pm: China cancels tariffs on some virus prevention materials imported from United States China will suspend retaliatory tariffs on products from the United States that can be used to combat the coronavirus outbreak in China, according to the […]
Tag: Health care industry
One Medical IPO prices at $14 per share
One Medical parent 1Life Healthcare priced its initial public offering at $14 per share late Thursday, at the bottom of the expected range of $14-$16 per share. The health care services firm, which is not yet profitable, raised $245 million through JP Morgan and Morgan Stanley. The company had been valued at more than $1.5 […]
Coronavirus could bring jobs, manufacturing back to the US
Wilbur Ross Mike Blake | Reuters The fast-spreading coronavirus has infected thousands of people in China and raised fears about a global pandemic — and that could have a positive impact on the U.S. economy, Secretary of Commerce Wilbur Ross said Thursday. Ross said in a Fox Business Network interview that the disease, which Chinese […]
Russia closes China border as outbreak tops 7,900
Passengers wear face masks to protect against the spread of the Coronavirus as they arrive on a flight from Asia at Los Angeles International Airport, California, on January 29, 2020. Mark Ralston | AFP | Getty Images All times below are in Eastern time. 8:15 am: Cruise ship hold 6,000 passengers near Italy Costa Cruises […]
United Airlines cuts some China flights as demand falls amid coronavirus
United Airlines on Tuesday said it is canceling dozens of China flights next month because of a “significant decline in demand” for service to the country as it battles the growing number of coronavirus cases. The Centers for Disease Control and Prevention on Tuesday recommended travelers avoid all nonessential travel to China while the Trump […]
J&J ‘pretty confident’ it can create China coronavirus vaccine
Johnson & Johnson’s chief scientific officer, Dr. Paul Stoffels, told CNBC on Monday that he believes the drugmaker can create a vaccine in the coming months to fight against the fast-spreading coronavirus. But he said it could take up to a year to bring it to market. “We have dozens of scientists working on this […]
Currencycloud raises $80 million in funding round backed by Visa
Visa Inc. credit and debit cards are arranged for a photograph in Washington, D.C., U.S., on Monday, April 22, 2019. Andrew Harrer | Bloomberg | Getty Images Financial technology start-up Currencycloud, which powers cross-border payments for a number of popular finance apps, has raised $80 million in a funding round backed by Visa. Based in […]
WHO chief to meet Chinese officials in Beijing
Dr. Tedros Adhanom Ghebreyesus, the World Health Organization’s director normal, is touring to Beijing, China, to satisfy with authorities and well being officers on the Wuhan coronavirus outbreak. The WHO has to this point declined to declare the damaging respiratory illness a world well being emergency, regardless of the unfold of the an […]
How coronavirus is beginning to hit China’s economy
BEIJING — Preliminary information present the dimensions at which the coronavirus outbreak is affecting the Chinese economic system. At a particular press convention on Sunday, Chinese officers indicated the illness will stay a problem for the close to future. The instant impression was seen in a drop within the movement of passengers. In an […]
Third US case of coronavirus confirmed in California: health officials
The third U.S. case of the brand new coronavirus has been confirmed in Orange County, California, the OC Health Care Agency’s Communicable Disease Control Division introduced in a press launch Sunday. “The OC Health Care Agency’s (HCA) Communicable Disease Control Division obtained affirmation from the Centers for Disease Control and Prevention (CDC) this night […]
