Coronavirus | Pixr8 News

14Mar By PriyankaNo Comments

USA

Jack Ma offers 1 Million Masks to USA

Chinese billionaire businessman Jack Ma offered the United States 500,000 coronavirus test kits and a million masks, as the country faces a shortage of kits for diagnosing the potentially deadly disease. In a statement on Twitter, the founder of e-commerce giant Alibaba said, "drawing from my own country's experience, speedy and accurate testing and adequate protective equipment for medical professionals are most effective in preventing the spread of the virus.""We hope that our donation can help Americans fight against the pandemic!" he said in the statement, which was posted by the Jack Ma Foundation.Ma, who is China's richest man, said that over the past weeks, his organizations had helped provide similar supplies to virus-hit countries such as Japan, South Korea, Italy, Iran and Sp...

Google building Self-check Website for Coronavirus

14Mar By AnkitaNo Comments

News

Google building Self-check Website for Coronavirus

Internet giant Alphabet is creating a website where people will be able to check whether they have symptoms of the novel coronavirus. Verily Life Sciences, once a project in a Google X lab devoted to "moonshot" projects and now its own health business unit, is testing a "tool to help triage individuals for COVID-19 testing," Google confirmed on Twitter. "Verily is in the early stages of development, and planning to roll testing out in the Bay Area, with the hope of expanding more broadly over time," the tweet said, referring to San Francisco and surrounding communities. Trump thanked Google while declaring a state of national emergency due to the deadly coronavirus pandemic. Google is helping to develop a website "to determine whether a test is warranted and to facilitate test...

How Coronavirus Impacts Global Supply Chain

12Mar By PriyankaNo Comments

BLOGS

How Coronavirus Impacts Global Supply Chain

TEMPE, Ariz., March 11, 2020-- The Institute for Supply Management (ISM) revealed the results of a survey focused on coronavirus disease 2019 (COVID-19) business and supply chain impacts. Notably, nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some impact because of COVID-19 disruptions. Of those, one in six (16%) companies report adjusting revenue targets downward an average of 5.6 percent due to the coronavirus. "The story the data tells is that companies are faced with a lengthy recovery to normal operations in the wake of the virus outbreak," said Thomas W. Derry, Chief Executive Officer of ISM. "For a majority of U.S. ...

Paytm Employee in Gurgaon Tests Positive for Coronavirus

5Mar By Press Trust of IndiaNo Comments

News

Paytm Employee in Gurgaon Tests Positive for Coronavirus

A Paytm employee in Gurgaon has tested positive for the novel coronavirus, the company said in a statement on Wednesday, advising its employees to work from home for the next couple of days. It said the infected employee had recently returned from a vacation in Italy, one of the worst-hit countries. The leading digital payments firm has advised all its employees to work from home for the next couple of days while the Gurgaon unit gets sanitised, the statement said, adding its daily operations will not be impacted. "One of our colleagues based out of Gurgaon office who recently returned from Italy post a vacation has sadly been tested positive for Coronavirus. He is receiving appropriate treatment. As a precautionary measure, we have suggested his team members to get health tests ...

290 million Students Out of School as Global Virus Battle Intensifies

5Mar By AnkitaNo Comments

News

290 million Students Out of School as Global Virus Battle Intensifies

Almost 300 million students worldwide faced weeks at home after affected countries shut schools over the deadly new coronavirus, as the IMF urged an all-out, global offensive against the epidemic. More than 95,000 people have been infected and over 3,200 have died worldwide from the virus, which has now reached some 80 countries and territories. The vast majority of global deaths and infections are in China, where the virus first emerged late last year, prompting the country to quarantine entire cities, temporarily shut factories and close schools indefinitely. As the virus spread, other countries have also implemented extraordinary measures, with UNESCO saying Wednesday that 13 countries have closed schools, affecting 290.5 million children, while nine others have implemented lo...

Coronavirus wipes USD 50 billion From global Exports in February

5Mar By PriyankaNo Comments

BUSINESS

Coronavirus wipes USD 50 billion From global Exports in February

UN economists announced a likely USD 50 billion drop in worldwide manufacturing exports in February alone as the extent of the damage to the global economy caused by novel coronavirus COVID-19 moved further into focus. Citing the China Manufacturing Purchasing Manager's Index (PMI), Pamela Coke-Hamilton, who heads UNCTAD's Division on International Trade and Commodities, said that it had fallen to 37.5 - a drop of about 20 points the lowest reading since 2004. This also correlates directly to exports and also implies a two per cent drop in overall exports, she said, with a resulting ripple effect worldwide to the tune of a USD 50 billion fall in exports. Because China has become the main supplier of finished products and so-called intermediate products used in countless industrie...

How Internet Saved Chinese People from food Shortages amid virus fears

19Feb By AnkitaNo Comments

CHINA

How Internet Saved Chinese People from food Shortages amid virus fears

Wang Feng, house-bound by China's virus outbreak, counts on the parka-clad delivery drivers of e-commerce giant JD.com to keep her kitchen stocked. Demand for online food vendors has surged since China's government told the public to stay home as part of the most sweeping anti-disease controls ever imposed. On Tuesday, Wang's phone buzzed with a text message that a delivery had arrived. The retiree bundled up against the winter cold, put on a face mask and emerged from her apartment complex to collect walnut milk and other goods from shelves on the sidewalk an anti-virus measure to limit contact with drivers who normally go door to door. They work really hard, and it's dangerous, said Wang. Without their services, we would not be able to survive at all." JD.com Inc. and rivals in...

Apple to miss Revenue forecast as iPhone supply hit by Coronavirus

18Feb By PriyankaNo Comments

News

Apple to miss Revenue forecast as iPhone supply hit by Coronavirus

Apple is to miss its revenue forecast for the March quarter due to the coronavirus epidemic, warning that iPhone supplies worldwide would also be impacted, underlining the economic cost of the health crisis. The COVID-19 virus death toll now exceeds 1,800 in China, where it has infected more than 72,000 after emerging in the central province of Hubei in December. The virus has sparked global economic jitters, travel bans and the cancellation of high-profile sporting and cultural events. "We are experiencing a slower return to normal conditions than we had anticipated," Apple said in a statement. "As a result, we do not expect to meet the revenue guidance we provided for the March quarter." Apple had forecast revenue of $63 billion to $67 billion for the second quarter to March...