Tag "koronavírus"

Outfit for clothing manufacturers

As China’s quarantine measures lead to production shortages at the world’s largest textile manufacturer, fashion companies are running out of raw materials – origo wrote. The delivery of summer and...

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Palestinian hotels have been closed

The new coronary virus has emerged in the West Bank, the Palestinian Authority announced, and hotels have been shut down because of a pandemic threat, an online version of the...

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World Food Prices Dip In February, Hurt By Coronavirus: FAO

World food prices slipped in February, ending four months of successive increases, with the spread of coronavirus dampening demand for some products, the United Nations food agency said on Thursday. The Food and Agriculture Organisation (FAO) food price index,...

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Alibaba’s AliExpress Warns Of Possible Coronavirus Delays

AliExpress, the global e-commerce platform of Chinese online shopping giant Alibaba, warned customers that there may be some delivery delays due to the coronavirus outbreak. AliExpress is one of the...

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Beiersdorf Gives Solid Outlook But Coronavirus Impact Unsure

Nivea maker Beiersdorf on Tuesday said it expected similar sales growth and profitability in 2020 compared to 2019, although it cautioned that it could not yet assess the impact of...

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Coronavirus To Have ‘Substantial’ Impact On Trade: WTO

The head of the World Trade Organisation said that he expected the coronavirus epidemic to have a “substantial” impact on the global economy, but plans for a June ministerial meeting...

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The OECD has lowered its global growth forecast

Since the economic and financial crisis, the world economy is expected to suffer the biggest decline due to the outbreak of the coronavirus – according to the Paris-based Organization for...

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Coronavirus To Cost Europe’s Retailers $4bn In Lost Sales: Study

Supply disruptions caused by the coronavirus is expected to lead to £3.26 billion (€3.8 billion) in missed sales for retailers in Europe in the six weeks to 20 April, with...

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Analysts: the coronary epidemic may slow down the performance of the economy

Economic analysts told MTI that the coronary epidemic makes economic forecasts in this year uncertain, but they still expect an around 4 percent. Gross Domestic Product (GDP) increased by 4.5...

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The ITB in Berlin is canceled

The number of people infected with the new coronavirus continued to rise in Germany on Friday. As of Friday night, official data show 63 infections nationwide. Several major events have...

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The number of Chinese tourists arriving in Hungary decreased significantly

The number of Chinese tourists coming to Hungary has dropped significantly since the outbreak of the coronavirus – Kiss Róbert Richárd, a tourism journalist told M1 news channel on Friday....

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Brazil Beef Firms Face Reduced Chinese Demand Due To Coronavirus

China’s beef imports will fall in the first half of 2020 due to fallout from the coronavirus outbreak, which is complicating the circulation of people and trade globally, Rabobank said...

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The coronavirus is boosting demand for durable foods

Coronavirus disease is on the rise in Europe, prompting people to accumulate durable foods in Hungary as well – privatbankar.hu wrote. The National Trade Association, which includes members of Tesco,...

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Beer consumption drops in China – outage due to virus – reports the world’s biggest beer brewer

Anheuser-Busch InBev warned on Thursday that its first-quarter earnings could be down 10 percent due to the coronavirus. The announcement was particularly badly received by investors, the stock price fell...

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The world economy may lose more than 1,000 billion USD this year

While China’s economic growth will be hard pressed by the effects of the corona virus, Oxford Economics analysts say the entire world economy may lose more than 1,000 billion USD...

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China Warns Of Sustained Virus Impact On Poultry, Eggs Supply

China’s supply of poultry and egg products is likely to be hit in the second and third quarters as the coronavirus outbreak has had a severe impact on the industry,...

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These industries are very hard hit by the corona virus

The effects of the Chinese coronavirus are now felt worldwide, but there are companies and industries that are particularly uncomfortable with the economic consequences of the disease – origo wrote....

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The turnover of Chinese restaurants in Hungary is falling

There are no tourist groups from China yet, so there is a drop in the number of Chinese travelers worldwide – origo wrote. The resignations started in Hungary as well....

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China’s inflation is at its an almost nine years peak

Inflation in China rose to an almost nine-year high in January as a result of rising demand due to the Lunar New Year holiday and the coronary epidemic that hit...

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Uncertainty

There wasn’t much time for relaxation at the end of the year, and we can say the same thing about the beginning of 2020. In January the market started the...

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Lifeblood of Amazon merchants threatened as coronavirus infects Chinese workers

Amazon.com Inc (AMZN.O) sellers are bracing for product shortages as Chinese workers – worried about the fast-spreading coronavirus – may be unable or unwilling to return to idled factories. The...

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The launch of the new iPhone may delay due to the corona virus

In recent days, a growing number of experts believe that the global role of the Chinese supply companies in the global supply chain will affect the coronavirus companies – mfor.hu...

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Alibaba’s Freshippo sales soar during virus outbreak

While a number of multinational chains including Starbucks, Ikea, Levi’s and Apple are shutting stores, sales are soaring for Alibaba’s fresh-food chain Freshippo in the wake of the coronavirus outbreak....

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Several large companies operating in China have introduced precautionary measures

A number of international corporations operating in China have introduced precautionary measures to curb the spread of the new coronavirus outbreak, according to reports released by the companies. Facebook has...

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Hungarian travel agencies hope to avoid travel restrictions during the high season

Many Chinese tourists have traveled home for the Lunar New Year and the European high season begins in April. Restrictions on the coronavirus are currently hitting Chinese domestic tourism –...

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The coronavirus has a demonstrable effect on tourism in Hungary

The coronavirus is already having a noticeable impact on Hungarian tourism: from Monday, organized tour groups will not leave for their European cruise from China, and hundreds of Chinese guests...

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Starbucks keeps half of its Chinese cafés closed

Starbucks closes nearly half of its Chinese units to protect its workers from the disease, in line with government efforts to fight the coronavirus – origo wrote after BBC. One...

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