China said on Thursday it will halve punitive tariffs on US$75 billion in US imports from Feb 14, a month after Beijing and Washington signed a truce in their long-running trade war.
Brazil's lower house of Congress late approved a bill laying out rules for the quarantine of Brazilian nationals returning from China who may be infected with coronavirus, as well as other measures to combat the disease. The measures will be in force as long as the public health emergency declared by the World Health Organization is in place.
A Chinese doctor who was among the first to warn publicly about the new coronavirus outbreak - and was reprimanded by authorities for “spreading rumours” - died of the infection early on Friday, his hospital announced.
The death toll from a new coronavirus in mainland China jumped by 73 to 563 on Thursday, its third consecutive record daily rise, as experts intensified efforts to find a vaccine for a disease that has shut down Chinese cities and forced thousands more into quarantine around the world.
Royal Caribbean Cruises has cancelled eight cruises out of China through March 4 in response to the coronavirus outbreak in the world's second-largest economy, the company said on Tuesday. The company said it expects the cancellations and some modifications to its itineraries to reduce earnings by 25 cents per share.
The World Bank will revise its global growth forecast downwards due to the new coronavirus, the president of the multilateral lender said on Tuesday amid fears the epidemic in China will harm global supply chains.
Chinese telecom giant Huawei said on Tuesday it would set up manufacturing hubs in Europe, as it tries to fight off US pressure on EU nations to stop it from operating.
Brazil’s meat industry association ABPA said a “perfect storm” of health and food security concerns in China promises to drive up demand for Mercosur meat, giving Brazilian meatpacker shares a boost.
Investors erased US$ 393 billion from China’s benchmark stock index on Monday, sold the Yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year.
Friends of the Earth and Friends for the Sea the preeminent worldwide food certifications have launched a petition asking the Chinese government to permanently close markets that sell wildlife for food. The petition is a response both to the recent outbreak of the deadly Coronavirus, which has been traced to China’s wildlife markets, and the overall environmental damage these markets are causing.