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.
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.
China's central bank said it will inject 1.2 trillion Yuan (US$ 174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.
Facebook said it will take down misinformation about China's fast-spreading coronavirus in a rare departure from its approach to health content, after the World Health Organization declared the outbreak a global health emergency.
The U.S. government warned Americans not to travel to China as the death toll from a new coronavirus reached 213 on Friday and the World Health Organization (WHO) declared a global health emergency.
Brazil’s currency the Real hit a two-month low against the dollar on Thursday, slumping to within sight of its record low under a wave of global risk aversion on fears over the coronavirus outbreak and its diminishing yield appeal.
Brazil’s largest meatpackers JBS SA and BRF SA said that the coronavirus outbreak could help boost Chinese demand for their products, as it fans concerns about domestic food safety in China. However some also believe sales could be held back by aggressive demands for discounts from Chinese buyers.
President Xi Jinping said on Tuesday that China was sure of defeating a devil coronavirus that has killed at least 106 people, but the international alarm was rising as the outbreak spread across the world.
The World Health Organization (WHO) said on Thursday it was “a bit too early” to declare a new coronavirus a global health emergency as China put millions of people on lockdown amid an outbreak that has killed 25 people and infected more than 800.
Venezuelan Health and Social Protection Minister Luis Reyes confirmed 15 cases of Chagas disease in the capital Caracas, following an outbreak in the popular quarters of the city. However Minister Reyes flatly discarded the word “epidemics”.