Global Coronavirus Lockdown
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China Lifting Covid Lockdown Could Kill Upto 2.1 Million People: Report
Between 1.3 and 2.1 million lives could be at risk if China lifts its zero-COVID policy given low vaccination and booster rates as well as a lack of hybrid immunity, according to London-based global health intelligence and analytics firm.
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OPEC Sees Slide In Global Oil Demand In 2023: Report
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation
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Apple Supplier Quanta in Shanghai Faces Chaos Due to COVID-19 Lockdown: Report
As per a report, videos posted online showed more than a hundred Quanta workers physically overwhelming security guards in hazmat suits and vaulting over factory gates to escape being trapped inside the Shanghai factory amid rumours that workers on the floor that day tested positive for COVID.
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Don't Panic Or Scramble: Hong Kong Calms Residents Fearful Of Covid Curbs
Hong Kong's government said any decision to impose a COVID-19 lockdown would take into account the global financial hub's status and ensure basic needs such as food and urged anxious residents who raided supermarkets this week not to panic.
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How Lockdown In This Chinese City Led To Surge In Aluminium Prices
The Covid lockdown this week of a relatively unknown Chinese city sent global prices of aluminium rocketing to a 14-year high.
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Global Spread Of Omicron Prompts Renewed Lockdowns, Delayed Reopenings
New Zealand delayed the planned reopening of its international border because of the sweeping spread of Omicron around the world on Tuesday, as several other countries reimposed social distancing measures.
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Czech Car Sector To Make 250,000 Fewer Vehicles This Year Due To Chip Shortage
Czech car makers will produce quarter a million fewer cars than expected this year due to the global shortage of chips and the automotive sector will lose 200 billion crowns ($9.14 billion) in sales, the Auto Industry Association (AutoSAP) said.
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A Covid Lockdown In This Country Brings Global Clothing Giants To A Halt
From shoes and sweaters to car parts and coffee, Vietnam's strict and lengthy coronavirus lockdown has sparked product shortages among worldwide brands such as Nike and Gap.
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Tesla's China Output Was Halted For Days In August Due To Chip Shortage: Report
Tesla Inc temporarily halted some operations at its Shanghai factory last month as the global shortage of semiconductors hit the electric car maker, Bloomberg News reported on Thursday, citing people familiar with the matter.
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Toyota, Honda Beat Profit Estimates But Are Wary Of Extended Chip Crunch
Toyota Motor Corp posted a record quarterly profit on Wednesday and Honda Motor Co raised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end in sight to the global chip shortage.
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Delta Variant Forces New Lockdowns As Europe Lifts Covid Restrictions
Australia's largest city Sydney entered a two-week lockdown Saturday to contain a sudden coronavirus surge, as several European nations lifted restrictions despite the global spread of a highly contagious COVID-19 variant.
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Tamil Nadu Allows Automakers To Operate At Full Capacity From This Week: Report
The Tamil Nadu state government has recently said that it will allow some industrial units including those of global automakers in and around capital city Chennai to operate at 100 per cent capacity from June 21, 2021.
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Nissan, Suzuki Motor To Curtail Production In June Due To Chip Shortage: Report
A global chip shortage is forcing Nissan Motor Co and Suzuki Motor Corp to temporarily halt production at some plants in June, sources with direct knowledge of the plans told Reuters on Friday.
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Stellantis CEO Sees Chip Supply Crisis Hitting Carmakers 'Hard And Strong'
A global crisis in microchip supply was hitting the automotive industry "hard and strong," Stellantis CEO said on Wednesday, and carmakers would have to completely rethink semiconductor supply chains.
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Chip Shortage In Focus As Japan Automakers Ready To Report Profit Drop
While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.
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China Lifting Covid Lockdown Could Kill Upto 2.1 Million People: Report
Between 1.3 and 2.1 million lives could be at risk if China lifts its zero-COVID policy given low vaccination and booster rates as well as a lack of hybrid immunity, according to London-based global health intelligence and analytics firm.
-
OPEC Sees Slide In Global Oil Demand In 2023: Report
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation
-
Apple Supplier Quanta in Shanghai Faces Chaos Due to COVID-19 Lockdown: Report
As per a report, videos posted online showed more than a hundred Quanta workers physically overwhelming security guards in hazmat suits and vaulting over factory gates to escape being trapped inside the Shanghai factory amid rumours that workers on the floor that day tested positive for COVID.
-
Don't Panic Or Scramble: Hong Kong Calms Residents Fearful Of Covid Curbs
Hong Kong's government said any decision to impose a COVID-19 lockdown would take into account the global financial hub's status and ensure basic needs such as food and urged anxious residents who raided supermarkets this week not to panic.
-
How Lockdown In This Chinese City Led To Surge In Aluminium Prices
The Covid lockdown this week of a relatively unknown Chinese city sent global prices of aluminium rocketing to a 14-year high.
-
Global Spread Of Omicron Prompts Renewed Lockdowns, Delayed Reopenings
New Zealand delayed the planned reopening of its international border because of the sweeping spread of Omicron around the world on Tuesday, as several other countries reimposed social distancing measures.
-
Czech Car Sector To Make 250,000 Fewer Vehicles This Year Due To Chip Shortage
Czech car makers will produce quarter a million fewer cars than expected this year due to the global shortage of chips and the automotive sector will lose 200 billion crowns ($9.14 billion) in sales, the Auto Industry Association (AutoSAP) said.
-
A Covid Lockdown In This Country Brings Global Clothing Giants To A Halt
From shoes and sweaters to car parts and coffee, Vietnam's strict and lengthy coronavirus lockdown has sparked product shortages among worldwide brands such as Nike and Gap.
-
Tesla's China Output Was Halted For Days In August Due To Chip Shortage: Report
Tesla Inc temporarily halted some operations at its Shanghai factory last month as the global shortage of semiconductors hit the electric car maker, Bloomberg News reported on Thursday, citing people familiar with the matter.
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Toyota, Honda Beat Profit Estimates But Are Wary Of Extended Chip Crunch
Toyota Motor Corp posted a record quarterly profit on Wednesday and Honda Motor Co raised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end in sight to the global chip shortage.
-
Delta Variant Forces New Lockdowns As Europe Lifts Covid Restrictions
Australia's largest city Sydney entered a two-week lockdown Saturday to contain a sudden coronavirus surge, as several European nations lifted restrictions despite the global spread of a highly contagious COVID-19 variant.
-
Tamil Nadu Allows Automakers To Operate At Full Capacity From This Week: Report
The Tamil Nadu state government has recently said that it will allow some industrial units including those of global automakers in and around capital city Chennai to operate at 100 per cent capacity from June 21, 2021.
-
Nissan, Suzuki Motor To Curtail Production In June Due To Chip Shortage: Report
A global chip shortage is forcing Nissan Motor Co and Suzuki Motor Corp to temporarily halt production at some plants in June, sources with direct knowledge of the plans told Reuters on Friday.
-
Stellantis CEO Sees Chip Supply Crisis Hitting Carmakers 'Hard And Strong'
A global crisis in microchip supply was hitting the automotive industry "hard and strong," Stellantis CEO said on Wednesday, and carmakers would have to completely rethink semiconductor supply chains.
-
Chip Shortage In Focus As Japan Automakers Ready To Report Profit Drop
While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.
