China locks down city of 11 million at epicenter of virus outbreak

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Jan 232020
 

China is putting on lockdown a city of 11 million people considered the epicenter of a new coronavirus outbreak that has killed 17 and infected nearly 600, as health authorities around the world scramble to prevent a global pandemic.

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 Posted by at 5:58 am

China virus death toll rises to nine as pandemic fears mount

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Jan 222020
 

The death toll from a new flu-like coronavirus in China rose to nine on Wednesday with 440 confirmed cases, Chinese health officials said as authorities stepped up efforts to control the outbreak by discouraging public gatherings in Hubei province.

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 Posted by at 5:47 am

China virus could hit oil prices by $3/bbl: Goldman

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Jan 222020
 

Goldman Sachs said a potential drop in oil demand from top energy consumer China due to the outbreak of a new coronavirus could hurt crude prices by about $3 per barrel, countering concerns about Middle East supply disruptions.

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 Posted by at 5:47 am