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Showing posts with label Automobile. Show all posts
Showing posts with label Automobile. Show all posts
RAW PHOTOS 1: Mary Modupe and Olawale Olaoluwa Exchange Marriage vows
The wedding and exchange of marriage vows between Olawale Olaoluwa and Mary Modupe on Saturday 19th December, 2020 at Ikare Akiko, Ondo state.
The wedding and exchange of marriage vows between Olawale Olaoluwa and Mary Modupe on Saturday 19th December, 2020 at Ikare Akiko, Ondo state.
Volvo makes its biggest car recall ever, affecting over 2 MILLION vehicles globally
The company’s press spokesman, Stefan Elfstrom, told Swedish media that it discovered the “rare” problem with the seatbelts in some of its cars. The carmaker believes that a steel cable connected to the front seatbelts can weaken under certain conditions. The cable can eventually be damaged, leading to “reduced seat belt restraint function.”
Volvo says the flaw has not resulted in any accidents or injuries, adding that the measure is preemptive.
The move will affect cars that were rolled off the production line from 2006-19, including some of the company’s best-selling models, such as the XC60. Previous models, the Volvo S60, V60, V70, XC70, and S80, are also included to the list, while the new generation of cars is spared from the massive recall.
Volvo Cars was acquired by China’s Geely from Ford in 2010. Focused on its “world-leading position within automotive safety,” the brand announced last year that new cars will have a 180kph (112mph) speed limit.
(RT)
The company’s press spokesman, Stefan Elfstrom, told Swedish media that it discovered the “rare” problem with the seatbelts in some of its cars. The carmaker believes that a steel cable connected to the front seatbelts can weaken under certain conditions. The cable can eventually be damaged, leading to “reduced seat belt restraint function.”
Volvo says the flaw has not resulted in any accidents or injuries, adding that the measure is preemptive.
The move will affect cars that were rolled off the production line from 2006-19, including some of the company’s best-selling models, such as the XC60. Previous models, the Volvo S60, V60, V70, XC70, and S80, are also included to the list, while the new generation of cars is spared from the massive recall.
Volvo Cars was acquired by China’s Geely from Ford in 2010. Focused on its “world-leading position within automotive safety,” the brand announced last year that new cars will have a 180kph (112mph) speed limit.
(RT)
COVID-19: Crude oil prices drop to $50.66 a barrel as Gold prices rise on safe haven demand
An envisaging and calculations of hopes that the COVID-19 would be contained to China have vanished as the virus cases have spread to all continents and stock markets took a pounding amid fears of a global recession.
Brent crude oil futures fall over $1 to $50.66 a barrel in Friday’s trade. On the daily technical chart, a bearish wedge forming between December 26 and January 31 suggests a target around $38.79, the 100 per cent projection level of a C from $75.60. A realistic target will be $47.48, which is near $48.48 (hourly chart), Reuters reported.
Meanwhile Gold prices inched higher in global markets on Friday as worries intensified that the rapidly spreading coronavirus could turn into a pandemic and derail global economic growth.
Meanwhile Gold prices inched higher in global markets on Friday as worries intensified that the rapidly spreading coronavirus could turn into a pandemic and derail global economic growth.
Spot gold gained 0.2 per cent to $1,645.79 per ounce and was up about 0.1 per cent for the week.
Globally, the stock markets plummeted as it has become increasingly clear the COVID-19 will take a huge toll on the global economy.
Asia Stock markets plunged again in opening trade on Friday morning, tracking huge losses in the United States and Europe. The Dow shed nearly 1,200 points, or 4.4 percent, on Thursday, taking its losses for the week to more than 11 percent.
"There was more coronavirus carnage on the markets," Spreadex analyst Connor Campbell said. "One of the worst weeks in recent memory and terrifyingly, it's not over yet. Friday is a tricky proposition."
Share prices were on track for the worst week since the global financial crisis in 2008.
Share prices were on track for the worst week since the global financial crisis in 2008.
Aviation stocks plunge up to 10% on coronavirus jitters
Shares of airline companies plunged up to 10 per cent on Friday as rating agency Icra said the outlook for the aviation sector remains negative in the wake of coronavirus outbreak. Shares of Interglobe Aviation - the parent of IndiGo - plunged 9.99 per cent to Rs 1,229.75 on the BSE. Spicejet stock cracked 6.06 per cent to a low of Rs 82.10. Defunct airline Jet Airways (India) hit its lower price band losing 4.84 per cent at Rs 24.55.Auto shares slump; Tata Motors dives 8%
Shares of auto companies were trading in the red in Friday's morning session. Shares of Tata Motors (down 7.95 per cent), Tata Motors(DVR) (down 7.69 per cent), Bharat Forge (down 6.22 per cent), Ashok Leyland (down 5.86 per cent) and Amara Raja Batteries (down 5.16 per cent) were among the top losers in the index."The ongoing selloff is in line with global selloff. It is a risk off market right now that is why gold prices have also surged in the recent past. Global market is quite in panic with the spread of coronavirus front. Till the market doesn’t see any relief from the virus, we may see sideways to negative movement going forward." - Jay Anand Thakkar, CMT Assistant Vice President-Equity Research, Anand Rathi
An envisaging and calculations of hopes that the COVID-19 would be contained to China have vanished as the virus cases have spread to all continents and stock markets took a pounding amid fears of a global recession.
Brent crude oil futures fall over $1 to $50.66 a barrel in Friday’s trade. On the daily technical chart, a bearish wedge forming between December 26 and January 31 suggests a target around $38.79, the 100 per cent projection level of a C from $75.60. A realistic target will be $47.48, which is near $48.48 (hourly chart), Reuters reported.
Meanwhile Gold prices inched higher in global markets on Friday as worries intensified that the rapidly spreading coronavirus could turn into a pandemic and derail global economic growth.
Meanwhile Gold prices inched higher in global markets on Friday as worries intensified that the rapidly spreading coronavirus could turn into a pandemic and derail global economic growth.
Spot gold gained 0.2 per cent to $1,645.79 per ounce and was up about 0.1 per cent for the week.
Globally, the stock markets plummeted as it has become increasingly clear the COVID-19 will take a huge toll on the global economy.
Asia Stock markets plunged again in opening trade on Friday morning, tracking huge losses in the United States and Europe. The Dow shed nearly 1,200 points, or 4.4 percent, on Thursday, taking its losses for the week to more than 11 percent.
"There was more coronavirus carnage on the markets," Spreadex analyst Connor Campbell said. "One of the worst weeks in recent memory and terrifyingly, it's not over yet. Friday is a tricky proposition."
Share prices were on track for the worst week since the global financial crisis in 2008.
Share prices were on track for the worst week since the global financial crisis in 2008.
Aviation stocks plunge up to 10% on coronavirus jitters
Shares of airline companies plunged up to 10 per cent on Friday as rating agency Icra said the outlook for the aviation sector remains negative in the wake of coronavirus outbreak. Shares of Interglobe Aviation - the parent of IndiGo - plunged 9.99 per cent to Rs 1,229.75 on the BSE. Spicejet stock cracked 6.06 per cent to a low of Rs 82.10. Defunct airline Jet Airways (India) hit its lower price band losing 4.84 per cent at Rs 24.55.Auto shares slump; Tata Motors dives 8%
Shares of auto companies were trading in the red in Friday's morning session. Shares of Tata Motors (down 7.95 per cent), Tata Motors(DVR) (down 7.69 per cent), Bharat Forge (down 6.22 per cent), Ashok Leyland (down 5.86 per cent) and Amara Raja Batteries (down 5.16 per cent) were among the top losers in the index."The ongoing selloff is in line with global selloff. It is a risk off market right now that is why gold prices have also surged in the recent past. Global market is quite in panic with the spread of coronavirus front. Till the market doesn’t see any relief from the virus, we may see sideways to negative movement going forward." - Jay Anand Thakkar, CMT Assistant Vice President-Equity Research, Anand Rathi
COVID-19: Austria stops train from Italy due to suspected Coronavirus infections
Italy coronavirus cases rise to more than 100
"Tonight a train on its way from Venice to Munich was stopped at the Austrian border," the ministry said.
The Italian State Railways informed Austrian train operator OBB that there were two people with fever symptoms on the train, the ministry's statement said.
The train was now waiting at the Brenner Pass on Italian territory. "The further procedure is currently being discussed together with Italian authorities."
As at Sunday 23rd of February, the number of cases of COVID-19 in Italy's Lombardy region rose to 89, the governor of the Lombardy Region Attilio Fontana said on Sunday.
That brings the total number of cases in the country to more than 100, Fontana said, speaking on Sky TV.
Italy coronavirus cases rise to more than 100
"Tonight a train on its way from Venice to Munich was stopped at the Austrian border," the ministry said.
The Italian State Railways informed Austrian train operator OBB that there were two people with fever symptoms on the train, the ministry's statement said.
The train was now waiting at the Brenner Pass on Italian territory. "The further procedure is currently being discussed together with Italian authorities."
As at Sunday 23rd of February, the number of cases of COVID-19 in Italy's Lombardy region rose to 89, the governor of the Lombardy Region Attilio Fontana said on Sunday.
That brings the total number of cases in the country to more than 100, Fontana said, speaking on Sky TV.
Volkswagen says proposed 830 mn euros settlement for German diesel cases
In 2015 the carmaker admitted to using manipulated engine management software to mask excessive pollution levels in its diesel cars, sparking a raft of prosecutions and lawsuits.
A VW spokesman confirmed that talks had collapsed, blaming excessive demands for fees by lawyers representing the Federation Of German Consumer Organisations (VZBV). Funke Medien was first to report that the talks had failed.
VW said it had struck a preliminary deal offering 830 million euros in compensation but that VZBW’s lawyers had insisted on 50 million euros in fees.
German consumer organisation VZBW had no immediate comment.
Reuters: Reporting by Riham Alkousaa, Ilona Wissenbach and Klaus Lauer
In 2015 the carmaker admitted to using manipulated engine management software to mask excessive pollution levels in its diesel cars, sparking a raft of prosecutions and lawsuits.
A VW spokesman confirmed that talks had collapsed, blaming excessive demands for fees by lawyers representing the Federation Of German Consumer Organisations (VZBV). Funke Medien was first to report that the talks had failed.
VW said it had struck a preliminary deal offering 830 million euros in compensation but that VZBW’s lawyers had insisted on 50 million euros in fees.
German consumer organisation VZBW had no immediate comment.
Reuters: Reporting by Riham Alkousaa, Ilona Wissenbach and Klaus Lauer
North Korea still importing oil, cars, alcohol illegally says UN
"The DPRK violates the resolutions through illicit import of petroleum," the report said, which was conducted by experts responsible for monitoring the application of sanctions.
North Korea has "increased procurement including through a notable increase in the number of these larger foreign-flagged tankers directly delivering to the DPRK on multiple occasions," the experts said, without identifying their origin.
In 2017, several sets of international sanctions were imposed on Pyongyang, limiting its oil imports and banning its exports of coal, fish and textiles, in order to push the country to stop its nuclear and ballistic weapons programs.
To date, the measures have been unsuccessful.
It has nonetheless continued to develop its arsenal, analysts say, despite two high-profile summits between leader Kim Jong Un and US President Donald Trump.
Negotiations between the Pyongyang and Washington have deadlocked over issues of sanctions relief and what the North would be willing to give up in return.
The UN Panel of Experts said they received, as in the previous year, a report from the United States with satellite images and data covering the period from January 1, 2019 to October 31.
The US report purportedly showed that North Korea exceeded the authorized import quotas for refined oil.
"The Russian Federation and China requested more conclusive evidence to make a judgement," said the report, seen by AFP.
The document also noted that "the DPRK continued to flout UN Security Council resolutions through illicit maritime exports of commodities, notably coal and sand."
Pyongyang also "continued to import luxury goods and other sanctioned items, including luxury vehicles, alcohol and robotic machinery."
The country has continued "to access international banking channels in violation of UN sanctions, mainly by using third-party intermediaries," the report found.
North Korea "continued illegally to acquire virtual currencies and to conduct cyber-attacks against global banks to evade financial sanctions."
China, which is often suspected of helping North Korea despite the sanctions, said Monday in a statement from its UN mission that it had "always faithfully and seriously fulfilled its international obligations".
This was despite the "huge losses" suffered by Beijing from implementing UN decisions, it said.
"It is imperative for the Security Council... to make necessary adjustments to the sanctions measures especially in areas concerning the livelihood" of North Korean citizens, it said in the statement.
China proposed a resolution in late 2019, along with Russia, that would allow for the lifting of certain bans, particularly on fishing and textiles.
"The DPRK violates the resolutions through illicit import of petroleum," the report said, which was conducted by experts responsible for monitoring the application of sanctions.
North Korea has "increased procurement including through a notable increase in the number of these larger foreign-flagged tankers directly delivering to the DPRK on multiple occasions," the experts said, without identifying their origin.
In 2017, several sets of international sanctions were imposed on Pyongyang, limiting its oil imports and banning its exports of coal, fish and textiles, in order to push the country to stop its nuclear and ballistic weapons programs.
To date, the measures have been unsuccessful.
It has nonetheless continued to develop its arsenal, analysts say, despite two high-profile summits between leader Kim Jong Un and US President Donald Trump.
Negotiations between the Pyongyang and Washington have deadlocked over issues of sanctions relief and what the North would be willing to give up in return.
The UN Panel of Experts said they received, as in the previous year, a report from the United States with satellite images and data covering the period from January 1, 2019 to October 31.
The US report purportedly showed that North Korea exceeded the authorized import quotas for refined oil.
"The Russian Federation and China requested more conclusive evidence to make a judgement," said the report, seen by AFP.
The document also noted that "the DPRK continued to flout UN Security Council resolutions through illicit maritime exports of commodities, notably coal and sand."
Pyongyang also "continued to import luxury goods and other sanctioned items, including luxury vehicles, alcohol and robotic machinery."
The country has continued "to access international banking channels in violation of UN sanctions, mainly by using third-party intermediaries," the report found.
North Korea "continued illegally to acquire virtual currencies and to conduct cyber-attacks against global banks to evade financial sanctions."
China, which is often suspected of helping North Korea despite the sanctions, said Monday in a statement from its UN mission that it had "always faithfully and seriously fulfilled its international obligations".
This was despite the "huge losses" suffered by Beijing from implementing UN decisions, it said.
"It is imperative for the Security Council... to make necessary adjustments to the sanctions measures especially in areas concerning the livelihood" of North Korean citizens, it said in the statement.
China proposed a resolution in late 2019, along with Russia, that would allow for the lifting of certain bans, particularly on fishing and textiles.
How Coronavirus outbreak claimed the world's biggest capacity car plant
The five-plant network can make 1.4 million vehicles annually, in a coastal location facilitating importing components and exporting cars globally.
But supply lines are crucial in an ever more interconnected worldwide economy and the coronavirus outbreak in China has seen Beijing order factories closed in several areas as it seeks to contain the epidemic.
As a result, Hyundai -- which with its affiliate Kia ranks as the world's fifth-largest auto manufacturer -- has run out of the wiring harnesses that connect vehicles' complex electronics.
It is having to suspend production at its factories across South Korea, putting 25,000 workers on forced leave and partial wages, healthy victims of the disease outbreak across the Yellow Sea.
"It's a shame that I can't come to work and have to accept a pay cut," said an Ulsan production line staffer surnamed Park. "It's a very uncomfortable feeling."
The closures could be the first example of a phenomenon that rolls out around the world, analysts say.
The impact on Hyundai will be eye-watering, with analysts estimating a five-day South Korean shutdown to cost the firm at least six hundred billion won ($500 million).
Hyundai is not the only corporate casualty: Kia will suspend three plants for a day on Monday, the South Korean unit of French automaker Renault is considering stopping its factory in Busan next week, and Fiat Chrysler CEO Mike Manley told the FT his firm could be forced to halt one of its European factories.
Analysts warn of broader troubles if Beijing extends the Lunar New Year holiday further as the coronavirus -- which according to official figures has infected more than 31,000 people in China and killed 636 -- continues to spread.
"The biggest problem is that we don't know how the outbreak in China will unfold," said Cheong In-kyo, an economics professor at Korea's Inha University.
"South Korean companies rely heavily on China for parts and components. The problem is even if just one part is missing, you can't do anything."
The disruption was only just beginning, he added, and warned it would spread beyond the auto sector.
"There is not a single category that is not manufactured in China."
- 'Everyone is impacted' -
The People's Republic is the world's biggest exporter of goods, with the US by far its largest trading partner.
Exports to the US from China and Hong Kong combined -- many goods are shipped via the financial hub -- totalled more than $450 billion last year, followed by Japan with more than $150 billion. South Korea and Vietnam also both imported goods worth more than $100 billion from the pair.
"China has become an integral part of the global manufacturing supply chain, accounting for about one-fifth of global manufacturing output," said Mark Zandi, chief economist at Moody's Analytics.
Its neighbours will be hit by supply chain effects first, he said, naming Taiwan and Vietnam, followed by Malaysia and Korea.
The effects in the US would be delayed by the length of the supply lines, said Kristin Dziczek of the Center for Automotive Research in Ann Arbor, Michigan, but there would be secondary impacts on parts from other overseas markets built with Chinese items.
Automakers and suppliers were "evaluating and planning how to navigate the disruptions", she said. "But there is no capacity the size of China sitting idle waiting to fill in the gaps and it's difficult to move quickly in this environment when everyone is impacted."
- 'So dependent' -
The global car industry was plunged into turmoil when a single Renesas Electronics factory in Japan -- making a vital and widely-used microcontroller -- was put out of action by the 2011 Fukushima earthquake.
Supply lines have since become much more diversified, analysts say.
"Car manufacturers have a system of multiple sourcing because the risk would be too big to have only one supplier in one place for a particular part," said Ferdinand Dudenhoeffer, director of Germany's Center Automotive Research.
It was standard for parts to be provided by "at least two different suppliers", he said, adding that as part providers tended to be in the same region as the vehicle assembly line, "the car industry in Europe or America is much less exposed to a Chinese risk than Asian countries like Korea or India".
But sourcing wiring harnesses from three different companies failed to protect Hyundai's South Korean plants.
"We should have more diversified suppliers," said production worker Park. "It's a shame that there is nothing we can do at this point because we are so reliant on one country."
The five-plant network can make 1.4 million vehicles annually, in a coastal location facilitating importing components and exporting cars globally.
But supply lines are crucial in an ever more interconnected worldwide economy and the coronavirus outbreak in China has seen Beijing order factories closed in several areas as it seeks to contain the epidemic.
As a result, Hyundai -- which with its affiliate Kia ranks as the world's fifth-largest auto manufacturer -- has run out of the wiring harnesses that connect vehicles' complex electronics.
It is having to suspend production at its factories across South Korea, putting 25,000 workers on forced leave and partial wages, healthy victims of the disease outbreak across the Yellow Sea.
"It's a shame that I can't come to work and have to accept a pay cut," said an Ulsan production line staffer surnamed Park. "It's a very uncomfortable feeling."
The closures could be the first example of a phenomenon that rolls out around the world, analysts say.
The impact on Hyundai will be eye-watering, with analysts estimating a five-day South Korean shutdown to cost the firm at least six hundred billion won ($500 million).
Hyundai is not the only corporate casualty: Kia will suspend three plants for a day on Monday, the South Korean unit of French automaker Renault is considering stopping its factory in Busan next week, and Fiat Chrysler CEO Mike Manley told the FT his firm could be forced to halt one of its European factories.
Analysts warn of broader troubles if Beijing extends the Lunar New Year holiday further as the coronavirus -- which according to official figures has infected more than 31,000 people in China and killed 636 -- continues to spread.
"The biggest problem is that we don't know how the outbreak in China will unfold," said Cheong In-kyo, an economics professor at Korea's Inha University.
"South Korean companies rely heavily on China for parts and components. The problem is even if just one part is missing, you can't do anything."
The disruption was only just beginning, he added, and warned it would spread beyond the auto sector.
"There is not a single category that is not manufactured in China."
- 'Everyone is impacted' -
The People's Republic is the world's biggest exporter of goods, with the US by far its largest trading partner.
Exports to the US from China and Hong Kong combined -- many goods are shipped via the financial hub -- totalled more than $450 billion last year, followed by Japan with more than $150 billion. South Korea and Vietnam also both imported goods worth more than $100 billion from the pair.
"China has become an integral part of the global manufacturing supply chain, accounting for about one-fifth of global manufacturing output," said Mark Zandi, chief economist at Moody's Analytics.
Its neighbours will be hit by supply chain effects first, he said, naming Taiwan and Vietnam, followed by Malaysia and Korea.
The effects in the US would be delayed by the length of the supply lines, said Kristin Dziczek of the Center for Automotive Research in Ann Arbor, Michigan, but there would be secondary impacts on parts from other overseas markets built with Chinese items.
Automakers and suppliers were "evaluating and planning how to navigate the disruptions", she said. "But there is no capacity the size of China sitting idle waiting to fill in the gaps and it's difficult to move quickly in this environment when everyone is impacted."
- 'So dependent' -
The global car industry was plunged into turmoil when a single Renesas Electronics factory in Japan -- making a vital and widely-used microcontroller -- was put out of action by the 2011 Fukushima earthquake.
Supply lines have since become much more diversified, analysts say.
"Car manufacturers have a system of multiple sourcing because the risk would be too big to have only one supplier in one place for a particular part," said Ferdinand Dudenhoeffer, director of Germany's Center Automotive Research.
It was standard for parts to be provided by "at least two different suppliers", he said, adding that as part providers tended to be in the same region as the vehicle assembly line, "the car industry in Europe or America is much less exposed to a Chinese risk than Asian countries like Korea or India".
But sourcing wiring harnesses from three different companies failed to protect Hyundai's South Korean plants.
"We should have more diversified suppliers," said production worker Park. "It's a shame that there is nothing we can do at this point because we are so reliant on one country."
General Motors says labor strike led to $194 mn 4Q loss
The US auto giant said a 40-day strike that shuttered US factories dented fourth-quarter profits by $2.6 billion, bringing the total negative impact for 2019 to $3.6 billion.
The company reported a loss of $194 million, compared with $2 billion in profits in the year-ago period.
Revenues fell 19.7 percent to $30.8 billion.
GM has said previously that it had sufficient inventory prior to the strike to keep dealerships adequately supplied but that the strike impact derailed production of its top-selling trucks.
GM plans a spate of launches of new full-size sport utility vehicles in North America, although it projected lower overall US sales in 2020.
The company also expects lower overall sales in China, where tough competitive pressures have been exacerbated of late by the coronavirus outbreak.
Despite these effects, GM said it is positioned for long-term growth in China.
GM projected 2020 profits of $5.75 to $6.25 per share in 2020. Analysts have forecast $6.23 per share.
Shares of GM rose 2.1 percent to $35.10 in pre-market trading.
AFP
The US auto giant said a 40-day strike that shuttered US factories dented fourth-quarter profits by $2.6 billion, bringing the total negative impact for 2019 to $3.6 billion.
The company reported a loss of $194 million, compared with $2 billion in profits in the year-ago period.
Revenues fell 19.7 percent to $30.8 billion.
GM has said previously that it had sufficient inventory prior to the strike to keep dealerships adequately supplied but that the strike impact derailed production of its top-selling trucks.
GM plans a spate of launches of new full-size sport utility vehicles in North America, although it projected lower overall US sales in 2020.
The company also expects lower overall sales in China, where tough competitive pressures have been exacerbated of late by the coronavirus outbreak.
Despite these effects, GM said it is positioned for long-term growth in China.
GM projected 2020 profits of $5.75 to $6.25 per share in 2020. Analysts have forecast $6.23 per share.
Shares of GM rose 2.1 percent to $35.10 in pre-market trading.
AFP
These Are The 18 Countries Currently Battling China's Coronavirus
Sixteen countries plus China which is the epicentre have so far confirmed their citizens contacted a virus similar to the SARS pathogen. according to AFP reports.
106 lives have been killed by the virus since emerging in a market in the central Chinese city of Wuhan, and spread around the world.
Iran said the Virus is not yet in the country.
- Japan -
Japan's health authorities confirmed the country's fourth case on Saturday: a man in his 40s, visiting Japan from Wuhan, who is in hospital in a stable condition.
Two other men and a woman have been treated after returning to Japan from the Chinese city.
- Malaysia -
Malaysia confirmed its fourth case on Sunday. All are Chinese nationals on holiday from Wuhan who arrived in the country from Singapore.
- Nepal -
Nepal said a 32-year-old man arriving from Wuhan had the disease. The patient, who was initially quarantined, recovered and was discharged.
- Singapore -
Singapore has so far confirmed five cases of the coronavirus -- all of them arrived in the city-state from Wuhan.
- South Korea -
South Korean media reported the country's fourth case on Monday, citing the national Centers for Disease Control and Prevention. The three men and a woman all travelled from Wuhan.
- Sri Lanka -
Sri Lanka confirmed its first case of the virus on Monday -- a 43-year-old Chinese woman who entered the country as a tourist last week from Hubei province.
She is being treated in hospital, a spokesman at the Infectious Diseases Hospital near Colombo told AFP.
- Taiwan -
Taiwan has uncovered five cases so far, the latest a Taiwanese woman in her 50s who was working in Wuhan and flew to the island on January 20.
- Thailand -
Thailand has detected eight cases so far -- three are receiving treatment in hospital and five have been discharged, according to the health minister.
All the infected persons are Chinese nationals, except for a 73-year-old Thai woman who came back from Wuhan this month.
- Vietnam -
Vietnam has so far confirmed two cases of the virus. An infected man from Wuhan travelled to Ho Chi Minh City earlier this month and passed the virus on to his son.
- NORTH AMERICA -
- Canada -
Canada confirmed its first case of the virus on Monday, a man who travelled to Wuhan, and has reported a second suspected case -- his wife, who made the trip with him.
- United States -
The US has confirmed five cases of the virus in patients who had recently entered the country from Wuhan -- two in California and one each in Arizona, Chicago and Washington state.
- EUROPE -
- France -
There are three known cases of the coronavirus in France, the first European country to be affected by the outbreak.
One person is sick in Bordeaux and another is ill in Paris. A third person, a close relative of one of the other two, has also been confirmed to have the virus.
All three had recently travelled to China and have been placed in isolation.
- Germany -
The country's first case was confirmed on Tuesday in the southern Bavarian region and was being treated in an isolation ward. The patient was said to be in a "medically good state". AFP
UAE and Italy have also confirmed the cases of killer Coronavirus.
World Health Organisation (WHO) on Thursday declared the virus outbreak a global emergency, urging governments to brace up efforts to combat the epidemic that has killed 170 people and infected over 9,000 others.
MORE
WHO Says Coronavirus Outbreak Global Emergency, Praises China For Timely Response
106 lives have been killed by the virus since emerging in a market in the central Chinese city of Wuhan, and spread around the world.Iran said the Virus is not yet in the country.
Quoting the Iran's Secretary of Health Far News Agency reports that Iran took two Chinese and German nationals who were suspected of corona to a test, which revealed they were not infected at all. "There is no new Corona virus in our country and it has not been reported yet."
Here are the countries that have confirmed cases of 2019 Novel Coronavirus:
- CHINA -
As of today Friday 31st January 2020, more than 9,000 people have been infected across China, the bulk of them in and around Wuhan.
Most of the 170 who have died were in that region, but officials have confirmed multiple deaths elsewhere, including the first in the capital Beijing.
Macau, a gambling hub hugely popular with mainland tourists, has confirmed six cases as of Tuesday.
In Hong Kong, eight people are known to have the disease. Of those, six arrived via a newly built high-speed train terminal that connects the city to the mainland.
- ASIA-PACIFIC REGION -
- Australia -
Five cases have been confirmed in Australia -- all of whom arrived in the country from Wuhan. The patients are being treated in hospitals in Sydney and Melbourne.
- Cambodia -
Cambodia's health ministry reported the country's first case of the virus on Monday: a 60-year-old man who arrived from Wuhan and is now stable in an isolation room.
More
China Urges Its Citizens To Delay Foreign Travel Over Virus Fears
Here are the countries that have confirmed cases of 2019 Novel Coronavirus:
- CHINA -
As of today Friday 31st January 2020, more than 9,000 people have been infected across China, the bulk of them in and around Wuhan.
Most of the 170 who have died were in that region, but officials have confirmed multiple deaths elsewhere, including the first in the capital Beijing.
Macau, a gambling hub hugely popular with mainland tourists, has confirmed six cases as of Tuesday.
In Hong Kong, eight people are known to have the disease. Of those, six arrived via a newly built high-speed train terminal that connects the city to the mainland.
- ASIA-PACIFIC REGION -
- Australia -
Five cases have been confirmed in Australia -- all of whom arrived in the country from Wuhan. The patients are being treated in hospitals in Sydney and Melbourne.
- Cambodia -
Cambodia's health ministry reported the country's first case of the virus on Monday: a 60-year-old man who arrived from Wuhan and is now stable in an isolation room.
More
China Urges Its Citizens To Delay Foreign Travel Over Virus Fears
- Japan -
Japan's health authorities confirmed the country's fourth case on Saturday: a man in his 40s, visiting Japan from Wuhan, who is in hospital in a stable condition.
Two other men and a woman have been treated after returning to Japan from the Chinese city.
- Malaysia -
Malaysia confirmed its fourth case on Sunday. All are Chinese nationals on holiday from Wuhan who arrived in the country from Singapore.
- Nepal -
Nepal said a 32-year-old man arriving from Wuhan had the disease. The patient, who was initially quarantined, recovered and was discharged.
- Singapore -
Singapore has so far confirmed five cases of the coronavirus -- all of them arrived in the city-state from Wuhan.
- South Korea -
South Korean media reported the country's fourth case on Monday, citing the national Centers for Disease Control and Prevention. The three men and a woman all travelled from Wuhan.
- Sri Lanka -
Sri Lanka confirmed its first case of the virus on Monday -- a 43-year-old Chinese woman who entered the country as a tourist last week from Hubei province.
She is being treated in hospital, a spokesman at the Infectious Diseases Hospital near Colombo told AFP.
- Taiwan -
Taiwan has uncovered five cases so far, the latest a Taiwanese woman in her 50s who was working in Wuhan and flew to the island on January 20.
- Thailand -
Thailand has detected eight cases so far -- three are receiving treatment in hospital and five have been discharged, according to the health minister.
All the infected persons are Chinese nationals, except for a 73-year-old Thai woman who came back from Wuhan this month.
- Vietnam -
Vietnam has so far confirmed two cases of the virus. An infected man from Wuhan travelled to Ho Chi Minh City earlier this month and passed the virus on to his son.
- NORTH AMERICA -
- Canada -
Canada confirmed its first case of the virus on Monday, a man who travelled to Wuhan, and has reported a second suspected case -- his wife, who made the trip with him.
- United States -
The US has confirmed five cases of the virus in patients who had recently entered the country from Wuhan -- two in California and one each in Arizona, Chicago and Washington state.
- EUROPE -
- France -
There are three known cases of the coronavirus in France, the first European country to be affected by the outbreak.
One person is sick in Bordeaux and another is ill in Paris. A third person, a close relative of one of the other two, has also been confirmed to have the virus.
All three had recently travelled to China and have been placed in isolation.
- Germany -
The country's first case was confirmed on Tuesday in the southern Bavarian region and was being treated in an isolation ward. The patient was said to be in a "medically good state". AFP
UAE and Italy have also confirmed the cases of killer Coronavirus.
World Health Organisation (WHO) on Thursday declared the virus outbreak a global emergency, urging governments to brace up efforts to combat the epidemic that has killed 170 people and infected over 9,000 others.
MORE
WHO Says Coronavirus Outbreak Global Emergency, Praises China For Timely Response
Sixteen countries plus China which is the epicentre have so far confirmed their citizens contacted a virus similar to the SARS pathogen. according to AFP reports.
106 lives have been killed by the virus since emerging in a market in the central Chinese city of Wuhan, and spread around the world.
Iran said the Virus is not yet in the country.
- Japan -
Japan's health authorities confirmed the country's fourth case on Saturday: a man in his 40s, visiting Japan from Wuhan, who is in hospital in a stable condition.
Two other men and a woman have been treated after returning to Japan from the Chinese city.
- Malaysia -
Malaysia confirmed its fourth case on Sunday. All are Chinese nationals on holiday from Wuhan who arrived in the country from Singapore.
- Nepal -
Nepal said a 32-year-old man arriving from Wuhan had the disease. The patient, who was initially quarantined, recovered and was discharged.
- Singapore -
Singapore has so far confirmed five cases of the coronavirus -- all of them arrived in the city-state from Wuhan.
- South Korea -
South Korean media reported the country's fourth case on Monday, citing the national Centers for Disease Control and Prevention. The three men and a woman all travelled from Wuhan.
- Sri Lanka -
Sri Lanka confirmed its first case of the virus on Monday -- a 43-year-old Chinese woman who entered the country as a tourist last week from Hubei province.
She is being treated in hospital, a spokesman at the Infectious Diseases Hospital near Colombo told AFP.
- Taiwan -
Taiwan has uncovered five cases so far, the latest a Taiwanese woman in her 50s who was working in Wuhan and flew to the island on January 20.
- Thailand -
Thailand has detected eight cases so far -- three are receiving treatment in hospital and five have been discharged, according to the health minister.
All the infected persons are Chinese nationals, except for a 73-year-old Thai woman who came back from Wuhan this month.
- Vietnam -
Vietnam has so far confirmed two cases of the virus. An infected man from Wuhan travelled to Ho Chi Minh City earlier this month and passed the virus on to his son.
- NORTH AMERICA -
- Canada -
Canada confirmed its first case of the virus on Monday, a man who travelled to Wuhan, and has reported a second suspected case -- his wife, who made the trip with him.
- United States -
The US has confirmed five cases of the virus in patients who had recently entered the country from Wuhan -- two in California and one each in Arizona, Chicago and Washington state.
- EUROPE -
- France -
There are three known cases of the coronavirus in France, the first European country to be affected by the outbreak.
One person is sick in Bordeaux and another is ill in Paris. A third person, a close relative of one of the other two, has also been confirmed to have the virus.
All three had recently travelled to China and have been placed in isolation.
- Germany -
The country's first case was confirmed on Tuesday in the southern Bavarian region and was being treated in an isolation ward. The patient was said to be in a "medically good state". AFP
UAE and Italy have also confirmed the cases of killer Coronavirus.
World Health Organisation (WHO) on Thursday declared the virus outbreak a global emergency, urging governments to brace up efforts to combat the epidemic that has killed 170 people and infected over 9,000 others.
MORE
WHO Says Coronavirus Outbreak Global Emergency, Praises China For Timely Response
106 lives have been killed by the virus since emerging in a market in the central Chinese city of Wuhan, and spread around the world.Iran said the Virus is not yet in the country.
Quoting the Iran's Secretary of Health Far News Agency reports that Iran took two Chinese and German nationals who were suspected of corona to a test, which revealed they were not infected at all. "There is no new Corona virus in our country and it has not been reported yet."
Here are the countries that have confirmed cases of 2019 Novel Coronavirus:
- CHINA -
As of today Friday 31st January 2020, more than 9,000 people have been infected across China, the bulk of them in and around Wuhan.
Most of the 170 who have died were in that region, but officials have confirmed multiple deaths elsewhere, including the first in the capital Beijing.
Macau, a gambling hub hugely popular with mainland tourists, has confirmed six cases as of Tuesday.
In Hong Kong, eight people are known to have the disease. Of those, six arrived via a newly built high-speed train terminal that connects the city to the mainland.
- ASIA-PACIFIC REGION -
- Australia -
Five cases have been confirmed in Australia -- all of whom arrived in the country from Wuhan. The patients are being treated in hospitals in Sydney and Melbourne.
- Cambodia -
Cambodia's health ministry reported the country's first case of the virus on Monday: a 60-year-old man who arrived from Wuhan and is now stable in an isolation room.
More
China Urges Its Citizens To Delay Foreign Travel Over Virus Fears
Here are the countries that have confirmed cases of 2019 Novel Coronavirus:
- CHINA -
As of today Friday 31st January 2020, more than 9,000 people have been infected across China, the bulk of them in and around Wuhan.
Most of the 170 who have died were in that region, but officials have confirmed multiple deaths elsewhere, including the first in the capital Beijing.
Macau, a gambling hub hugely popular with mainland tourists, has confirmed six cases as of Tuesday.
In Hong Kong, eight people are known to have the disease. Of those, six arrived via a newly built high-speed train terminal that connects the city to the mainland.
- ASIA-PACIFIC REGION -
- Australia -
Five cases have been confirmed in Australia -- all of whom arrived in the country from Wuhan. The patients are being treated in hospitals in Sydney and Melbourne.
- Cambodia -
Cambodia's health ministry reported the country's first case of the virus on Monday: a 60-year-old man who arrived from Wuhan and is now stable in an isolation room.
More
China Urges Its Citizens To Delay Foreign Travel Over Virus Fears
- Japan -
Japan's health authorities confirmed the country's fourth case on Saturday: a man in his 40s, visiting Japan from Wuhan, who is in hospital in a stable condition.
Two other men and a woman have been treated after returning to Japan from the Chinese city.
- Malaysia -
Malaysia confirmed its fourth case on Sunday. All are Chinese nationals on holiday from Wuhan who arrived in the country from Singapore.
- Nepal -
Nepal said a 32-year-old man arriving from Wuhan had the disease. The patient, who was initially quarantined, recovered and was discharged.
- Singapore -
Singapore has so far confirmed five cases of the coronavirus -- all of them arrived in the city-state from Wuhan.
- South Korea -
South Korean media reported the country's fourth case on Monday, citing the national Centers for Disease Control and Prevention. The three men and a woman all travelled from Wuhan.
- Sri Lanka -
Sri Lanka confirmed its first case of the virus on Monday -- a 43-year-old Chinese woman who entered the country as a tourist last week from Hubei province.
She is being treated in hospital, a spokesman at the Infectious Diseases Hospital near Colombo told AFP.
- Taiwan -
Taiwan has uncovered five cases so far, the latest a Taiwanese woman in her 50s who was working in Wuhan and flew to the island on January 20.
- Thailand -
Thailand has detected eight cases so far -- three are receiving treatment in hospital and five have been discharged, according to the health minister.
All the infected persons are Chinese nationals, except for a 73-year-old Thai woman who came back from Wuhan this month.
- Vietnam -
Vietnam has so far confirmed two cases of the virus. An infected man from Wuhan travelled to Ho Chi Minh City earlier this month and passed the virus on to his son.
- NORTH AMERICA -
- Canada -
Canada confirmed its first case of the virus on Monday, a man who travelled to Wuhan, and has reported a second suspected case -- his wife, who made the trip with him.
- United States -
The US has confirmed five cases of the virus in patients who had recently entered the country from Wuhan -- two in California and one each in Arizona, Chicago and Washington state.
- EUROPE -
- France -
There are three known cases of the coronavirus in France, the first European country to be affected by the outbreak.
One person is sick in Bordeaux and another is ill in Paris. A third person, a close relative of one of the other two, has also been confirmed to have the virus.
All three had recently travelled to China and have been placed in isolation.
- Germany -
The country's first case was confirmed on Tuesday in the southern Bavarian region and was being treated in an isolation ward. The patient was said to be in a "medically good state". AFP
UAE and Italy have also confirmed the cases of killer Coronavirus.
World Health Organisation (WHO) on Thursday declared the virus outbreak a global emergency, urging governments to brace up efforts to combat the epidemic that has killed 170 people and infected over 9,000 others.
MORE
WHO Says Coronavirus Outbreak Global Emergency, Praises China For Timely Response
German prosecutors raid offices over suspected Mitsubishi diesel 'fraud'
Frankfurt prosecutors said they had opened a fraud investigation against executives at "an international car group, a subsidiary of an international car dealership and two international car suppliers".
Raids were taking place at 10 commercial sites across Germany including in the states of Hesse, Bavaria and Lower Saxony.
Frankfurt prosecutors said they had opened a fraud investigation against executives at "an international car group, a subsidiary of an international car dealership and two international car suppliers".
Raids were taking place at 10 commercial sites across Germany including in the states of Hesse, Bavaria and Lower Saxony.
Toyota investing $400 million in flying car company
The investment in Joby Aviation comes as the automaker looks to expand into new sectors as the industry rapidly transforms, with president Akio Toyoda pledging to move the firm "from a car manufacturer to a mobility company".
"Air transportation has been a long-term goal for Toyota, and while we continue our work in the automobile business, this agreement sets our sights to the sky," Toyoda said in a statement announcing the investment.
"Through this new and exciting endeavour, we hope to deliver freedom of movement and enjoyment to customers everywhere, on land, and now, in the sky."
Founded in 2009, Joby Aviation is developing a four-passenger electric aircraft that takes off and lands vertically, like a helicopter, though it has multiple rotors.
The firm envisions the aircraft as a mode of commercial transport, rather than for sale to individuals, with its pilots ferrying commuters around.
Toyota said it would also offer its "expertise in manufacturing, quality and cost controls for the development and production" of Joby's aircraft.
One of its executive vice presidents, Shigeki Tomoyama, will join Joby's board, playing an "active role in setting strategic direction", Toyota said.
Joby already has a partnership with ride-sharing firm Uber to develop an "urban air taxi service".
Toyota has ventured into the flying vehicle field elsewhere, investing in the Japanese SkyDrive project to develop what is intended to be the world's smallest flying car.
It has also branched out into other sectors, announcing at the Consumer Electronics Show in Las Vegas this month its plans for a "woven city" at the base of Mount Fuji that would be powered by hydrogen fuel cells and include roads for autonomous vehicles as well as smart homes.
The investment in Joby Aviation comes as the automaker looks to expand into new sectors as the industry rapidly transforms, with president Akio Toyoda pledging to move the firm "from a car manufacturer to a mobility company".
"Air transportation has been a long-term goal for Toyota, and while we continue our work in the automobile business, this agreement sets our sights to the sky," Toyoda said in a statement announcing the investment.
"Through this new and exciting endeavour, we hope to deliver freedom of movement and enjoyment to customers everywhere, on land, and now, in the sky."
Founded in 2009, Joby Aviation is developing a four-passenger electric aircraft that takes off and lands vertically, like a helicopter, though it has multiple rotors.
The firm envisions the aircraft as a mode of commercial transport, rather than for sale to individuals, with its pilots ferrying commuters around.
Toyota said it would also offer its "expertise in manufacturing, quality and cost controls for the development and production" of Joby's aircraft.
One of its executive vice presidents, Shigeki Tomoyama, will join Joby's board, playing an "active role in setting strategic direction", Toyota said.
Joby already has a partnership with ride-sharing firm Uber to develop an "urban air taxi service".
Toyota has ventured into the flying vehicle field elsewhere, investing in the Japanese SkyDrive project to develop what is intended to be the world's smallest flying car.
It has also branched out into other sectors, announcing at the Consumer Electronics Show in Las Vegas this month its plans for a "woven city" at the base of Mount Fuji that would be powered by hydrogen fuel cells and include roads for autonomous vehicles as well as smart homes.
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