Coronavirus hits businesses
As the human toll of Coronavirus rises, businesses are beginning to count the cost.
As the human toll of Coronavirus rises, businesses are beginning to count the cost. Car maker Hyundai has suspended a production line in South Korea because of a shortage of parts from China. Peter Goodman is European economics correspondent for the New York Times and tells us about the global impact Coronavirus is having. Herbert Lun is managing director of Wing Sang Electrical in Shenzhen, China, and explains why production has been halted at his firm. We get a sense of the impact on the hospitality sector from Noel Smyth, managing director of Delaneys, a chain of Irish themed pubs in Hong Kong. And Rachel Winter, investment director at Killick and Co in London, discusses how the world's financial markets have been responding to the outbreak. Also in the programme, Disney's streaming service, Disney+, has grown its subscriber base to more than 26 million since its launch in November. We speak to our reporter in New York, Michelle Fleury, on the company's results announced today.
(Picture: People wearing medical masks in Shanghai. Picture credit: Reuters.)
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- Tue 4 Feb 2020 22:32GMTΒι¶ΉΤΌΕΔ World Service