FACTBOX: China Takes Steps to Bolster Coronavirus-Hit Economy February 19, 2020 Chinese policymakers have implemented a raft of measures to support an economy jolted by a coronavirus outbreak that is expected...
12 Chinese Insurers Co-Launch Coverage for Businesses Hit by Coronavirus February 18, 2020 China’s southern province of Hainan has launched the first specially designed insurance product to cover losses incurred by businesses as...
Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency January 31, 2020 By Bloomberg News The U.K. confirmed its first two cases of coronavirus on Friday, while the U.S. and Japan advised citizens to avoid...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions January 29, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities January 29, 2020 By Bloomberg News Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them —...
Apple’s China-Centric Supply Chain Braces for Disruption From Coronavirus January 28, 2020 By Mark Gurman and Debby Wu Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners...
Cyber Attack on Asia-Pacific Ports Could Cost $110B, Hitting Global Supply Chains October 30, 2019 A single cyber attack that affects major ports across Asia-Pacific could cost $110 billion, which is roughly equivalent to half...
Hackers Target Airbus via Computer Systems of Suppliers, Contractors September 26, 2019 By Benjamin Katz and Helene Fouquet Airbus SE said it has taken steps to shield itself from cyber attacks targeting the European aerospace and defense company...
Rhine River Shipping Faces Another Historic Shutdown as Drought Hits Water Levels July 24, 2019 By William Wilkes, Bill Lehane and Vanessa Dezem The bustling boat traffic on Europe’s Rhine river ground to a halt for the first time in living memory last...
Sweltering Heatwave in Germany Sparks Wildfires, Forces Speed Cut on Autobahn June 27, 2019 By William Wilkes and Brian Parkin A blistering heatwave prompted Germany to impose speed restrictions on usually limit-free stretches of its high-speed motorways Wednesday, the latest...