This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 81,000Total deaths: At least 2,764 8:46 a.m.: Trump announces news conference with CDC officials President Donald Trump revealed in a tweet Wednesday that he will hold a news conference at the White House
Business
Egyptian billionaire Naguib Sawiris, executive chairman of Orascom Telecom. Simon Dawson | Bloomberg | Getty Images Disruptions caused by the coronavirus will cause the world’s economy to shrink if the outbreak continues, Egyptian billionaire Naguib Sawiris said this week. “If this is not contained within the next few months, we will see a big shrinking
This is a live blog. Please check back for updates. All times below are in Beijing time. 8:15 am: Asia stocks tumble Asia stocks fell in early trading, as Wall Street saw another rout overnight. Japan’s Nikkei 225 fell 1.07% in early trade after dropping more than 3% on Tuesday. The Topix index also saw a 1.07%
People wait in a line to buy face masks at a retail store in the southeastern city of Daegu on February 25, 2020. JUNG YEON-JE | AFP via Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 80,200 Total deaths:
OPEC and its allied oil-producing nations are still working well together and still have options to try to rebalance global crude markets, Saudi Energy Minister Prince Abdulaziz bin Salman said Tuesday. “We do communicate with each other, we use every opportunity to talk with each other,” he said, speaking to reporters at the ICCUS conference
This is a live blog. Please check back for updates. All times below are in Beijing time. 8:30 am: Japan stocks plunge around 4% Japan’s plunged 3.97% in early trade as it returned from a holiday, following a selloff in U.S. stocks overnight. The Topix index also declined 3.92%. Shares in Australia also fell sharply, with
1. Dow to sink 700 points at Monday open Trader Michael Urkonis works on the floor of the New York Stock Exchange, January 28, 2020. Bryan R Smith | Reuters U.S. stock futures were pointing to about a 700-point or 2.4% decline at Wall Street’s open on Monday for the Dow Jones Industrial Average, trimming
A nurse working in the isolation ward communicates with a co-worker on the talkie-walkie in Jinyintan Hospital, designated for COVID-19 patients, in Wuhan in central China’s Hubei province Monday, Feb. 17, 2020. Feature China | Barcroft Media via Getty Images This is a live blog. Please check back for updates. All times below are in
People wear masks after deaths and new confirmed cases revealed from the coronavirus in Tehran, Iran on February 21, 2020. Anadolu Agency All times below are in Eastern time. 9:45 am: IMF chief sees negative economic impact from virus, even if outbreak contained The coronavirus that originated in China will have a negative impact on the
Steven Mnuchin, U.S. Treasury secretary, speaking at the World Economic Forum in Davos, Switzerland, January 23, 2020. Adam Galica | CNBC U.S. officials will have a better idea of how the coronavirus outbreak will impact the economy in “three or four weeks,” U.S. Treasury Secretary Steven Mnuchin said Sunday. Speaking to CNBC’s Hadley Gamble at
South Korean health officials spray disinfectant in front of the Daegu branch of the Shincheonji Church of Jesus in the southeastern city of Daegu on February 21, 2020. Jung Yeon-je | AFP | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 7:55 am: Hubei reports
Workers assemble cars at the factory of Chang’an Automobile in Dingzhou, north China’s Hebei Province, Feb. 16, 2020. Xinhua News Agency This is a live blog. Please check back for updates. All times below are in U.S. Eastern time. China’s National Health Commission said 2,345 people have died in the country from the coronavirus, and
As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement — oil and gas companies are increasingly turning to Silicon Valley for help streamlining operations and boosting efficiencies. By some estimates, the addressable market for digital oil and gas solutions
In this Monday, Dec. 16, 2019, file photo, a Boeing worker walks in view of a 737 MAX jet in Renton, Wash. Elaine Thompson | AP Teams looking in the fuel tanks of brand new Boeing 737 Max planes for foreign object debris will expand their inspections, sources familiar with the checks told CNBC on
Travelers wearing masks arrive on a direct flight from China, after a spokesman from the U.S. Centers for Disease Control and Prevention (CDC) said a traveller from China had been the first person in the United States to be diagnosed with the Wuhan coronavirus, at Seattle-Tacoma International Airport in SeaTac, Washington, January 23, 2020. David
A Chinese man who is a member of the neighborhood committee, center, and security guards wear protective masks as they control entry and exit from a residential area on February 20, 2020 in Beijing, China. Kevin Frayer Two prisons in China have reported about 250 cases of COVID-19 cases, with both inmates and prison guards
A medical staff takes temperature of a patient at a temporary hospital converted from “Wuhan Livingroom” in Wuhan, central China’s Hubei Province, Feb. 10, 2020. Xiong Qi | Xinhua | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 8:22 am: 2 Australian passengers from
This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 75,700 Total deaths: At least 2,130 8:22 am: US hospitals prepare for virus to become global pandemic The CDC has been working with the health-care sector to prepare for a possible pandemic outbreak
Burger King made headlines when it launched its latest ad — showing a Whopper going moldy — on Wednesday. The spot was launched as the Restaurant Brands International chain announced it would remove artificial colors, flavors and preservatives from its signature sandwich in the U.S. More than 400 outlets already have the additive-free burger, and
A Chinese woman wears a protective mask as she walks in a nearly empty and shuttered commercial street on February 7, 2020 in Beijing, China. Kevin Frayer | Getty Images Business activity in China may look like it’s at a standstill amid the COVID-19 outbreak, but investors should start planning their next moves, experts said