Siemens Gamesa says virus has yet to bite
Provided Chinese factories are allowed to reopen after the Lunar New Year, consequences will be minimal, CEO asserts. Conversely, no one knows the extent if the situation develops.
The consequences of the Coronavirus not only pertain to humans, but also companies on several fronts. On Tuesday, oil firm BP states that the virus is threatening to cut global oil demand by a third this year, while companies with production in China fear for their production due to factory closings.
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