Coronavirus live updates: China exports plunge; Florida reports 2 deaths

FAN Editor

This is CNBC’s 24-hour live blog covering all the latest news on the coronavirus outbreak. All times below are in Beijing time. This will be updated throughout the day as the news breaks. 

  • Global cases: At least 102,188, according to data compiled by Johns Hopkins University.
  • Global deaths: At least 3,491, according to data compiled by Johns Hopkins University.

5:16 pm: Intesa Sanpaolo ‘ready to donate’ over $100 million to help fight virus

Major Italian retail bank Intesa Sanpaolo has said it is ready to donate 100 million euros ($113 million) to help the country in its treatment of coronavirus. 

Speaking to newspaper Corriere della Sera, CEO Carlo Messina said the funds would be made available for “specific projects that address the health emergency. With 100 million you can do many things.”

He also said the bank planned to offer 5 billion euros in loans to support affected businesses.

Italy is Europe’s epicenter of the coronavirus, with at least 4,636 confirmed cases and 197 deaths as of Saturday. The government announced 7.5 billion euros ($8.40 billion) in aid last week– twice as much as originally planned – to tackle the outbreak. — Bishop

4:39 pm: Fifteen American tourists quarantined in Bethlehem hotel

Fifteen Americans have been quarantined in a Bethlehem hotel over coronavirus fears, a Palestinian government spokesman told Reuters.

Spokesman Ibrahim Melhem said there was an American delegation at the hotel, “and they are being dealt with according to quarantine regulations like all the others who are there.”

Palestine currently has at least 22 confirmed cases of the virus and has declared a state of emergency. — Bishop

4:13 pm: Stanford University faculty member tests positive; in-person classes canceled

Officials at Stanford University have announced that a member of faculty has tested positive for COVID-19.

The school has contacted those who might have come into contact with the person and asked them to self-isolate. The staff member worked in a clinic, which has been closed for cleaning.

The faculty member had not been to work since showing symptoms, Stanford University said. 

Meanwhile, in an online letter published late Thursday, Provost Persis Drell announced that for the last two weeks of the winter quarter, beginning March 9, classes at Stanford would not meet in person. 

“To the extent feasible, we will be moving classes to online formats in place of in-person instruction,” Drell said. — Bishop

3:20 pm: Afghanistan reports news cases of coronavirus

The Afghanistan health ministry said Saturday that it had three new cases of coronavirus in the country, taking its total to four, Reuters reported.

The cases were confirmed in the western Herat province, which borders Iran.

There are worries about Afghanistan’s border with Iran, which is one of the worst-hit countries outside of China, with more than 4,700 confirmed cases of coronavirus and 124 deaths. — Bishop

2:54 pm: Australian clinic closes after doctor tests positive for coronavirus

A doctor who had recently returned to Melbourne, Australia from the U.S. has been diagnosed with coronavirus, Victoria State Health Minister Jenny Mikakos said Saturday. 

Around 70 of the doctor’s recent patients would be contacted and required to self-isolate, she said on Twitter, and The Toorak Clinic, where he worked, would be closed. 

Mikakos said in a press conference she was “flabbergasted” the doctor had continued to go into work, despite having flu-like symptoms.

“I know many doctors want to be there for their patients & colleagues but now, more than ever, is the time to stay home if you’re sick & not soldier on,” she tweeted. 

Australia has over 60 confirmed cases of coronavirus, and two people have died from the outbreak in the country.— Bishop

2:00 pm: Uber says it will compensate drivers and delivery people under quarantine

In a statement to NBC News, Uber said “drivers and delivery people who are diagnosed with COVID-19 or placed in quarantine by a public health authority” will be compensated for up to 14 days.

“This has already begun in some markets and we are working to implement mechanisms to do this worldwide. We believe this is the right thing to do,” Andrew Macdonald, senior vice president of rides and platform at Uber, said in a statement. — Wang

1:43 pm: NBA tells teams to prep contingency plans for games without fans

The National Basketball Association advised officials to prepare contingency plans should the coronavirus outbreak continue to spread. The NBA said teams should identify “actions required if it were to become necessary to play a game with only essential staff present” without fans or media, according to a copy of the memo obtained by CNBC.

The memo said teams should also “prepare for the possibility of implementing temperature checks on players, team staff, referees, and anyone else who is essential to conducting such a game in the team’s arena.”

One league executive told CNBC the league hasn’t considered canceling or playing games without fans, but the memo was sent to organizations as a precaution. — Young

12:49 pm: Gloomy China trade report reflects outbreak’s economic impact

Reuters reported that China’s January-February exports contracted 17.2% from last year, marking the steepest fall since February 2019. Analysts polled by Reuters had projected a 14% drop as the coronavirus outbreak disrupted supply chains and dampened demand.

Reuters also reported that China reported a trade deficit of $7.09 billion for the period, versus an expected surplus of $24.6 billion. — Wang

11:51 am: Florida says 2 residents have died

11:00 am: Facebook bans ads, commerce listings selling face masks

Facebook is temporarily banning ads and commerce listings selling medical face masks. The social media giant said it will begin to enforce the temporary ban on these type of ads “over the next few days.”

The policy change comes one day after a company spokesman told CNBC that Facebook will remove political ads posted on its service if they contain misinformation related to the new coronavirus. — Rodriguez

South Korean soldiers wearing protective gear, spray antiseptic solution against the coronavirus (COVID-19) in Gangnam district on March 06, 2020 in Seoul, South Korea.

Chung Sung-Jun | Getty Images

9:40 am: South Korea reports 483 new cases, bringing total to 6,767 cases

South Korea reported 483 new cases, bringing its total to 6,767 cases. There were two more deaths, bringing the total number of deaths to 44. — Bhattacharjee

8:40 am: China reports 99 new cases, 28 more deaths

China’s National Health Commission reported 99 new confirmed cases as of March 6, and 28 more deaths. Of the new cases, 74 were from the epicenter of Hubei, and all 28 of the deaths were from that province. That brings the country’s total to 80,651 confirmed cases, and 3,070 deaths. — Bhattacharjee

7:43 am: Grand Princess cruise ship has 21 cases

Vice President Mike Pence on Friday said 21 people on the Grand Princess cruise ship off the coast of California have tested positive for coronavirus. 

The ship will be brought to a non-commercial port, Pence said, and everyone aboard the ship will be tested. He did not say which port the ship will go toward or when it is expected to arrive.

Of the 21 people who tested positive, he added, 19 are crew members and two are passengers. Pence said health officials tested only 46 people aboard the ship.

The ship, which was on a two-week voyage to Hawaii, was ordered to return early to San Francisco, California Gov. Gavin Newsom said Thursday, adding that passengers and crew have developed symptoms. A spokesman for the Centers for Disease Control and Prevention said that three passengers who were previously on the ship have tested positive, including one who has died. — Feuer

6:52 am: Tilman Fertitta’s restaurant empire losing about $1 million per day in sales

Billionaire Tilman Fertitta his restaurant empire Landry’s is losing an average of about $1 million per day in sales due to the coronavirus.

Fertitta, whose restaurant brands include Bubba Gump Shrimp Co. and Morton’s The Steakhouse, said urban areas and popular tourist locations were particularly affected, and the decline in sales is likely linked to business conferences being canceled across the country. 

Fertitta said the coronavirus presents business managers with a challenge but said revenue declines of about 8% to 12% are manageable. “You don’t want to go 20% off. When you get to 20% off in a same-store sales, no matter what business you’re in, that’s when you start getting into trouble,” Fertitta said. —Stankiewicz

6:10 am: New York state coronavirus cases quadruple to 44, thousands under ‘precautionary quarantine’

The number of coronavirus cases in New York state has quadrupled over the last 48 hours to 44, Gov. Andrew Cuomo announced Friday. “The number will continue to go up because it’s mathematics,” Cuomo said at a news briefing. “The more you test, the more you will find.” Cuomo used Twitter to revise the state’s case count from 33 released earlier Friday to 44. 

The state reported 11 cases Wednesday evening, 22 on Thursday, 33 Friday afternoon  and 44 Friday evening — a fourfold increase over the previous 48 hours. There are roughly 2,700 people in New York City under ‘precautionary quarantine’ with more than 1,000 others also in voluntary isolation across the state, Cuomo said. — Feuer

6 am: SXSW canceled due to coronavirus after Austin declares ‘local disaster’

South by Southwest, the annual tech, film and music conference held in Austin, Texas, has been canceled due to concerns surrounding the COVID-19 coronavirus outbreak. 

Local government officials announced the update at a press conference Friday afternoon discussing the status of the outbreak and events in the city. Austin’s Mayor Steve Adler said he had declared a local disaster in the city and issued an order canceling the conference. 

In a statement on its website, SXSW said it would “faithfully follow the city’s directions.” 

“We are devastated to share this news with you,” organizers wrote in a statement on the SXSW website— Graham

Free America Network Articles

Leave a Reply

Next Post

Viral video of NYPD arrest sparks outrage

Video showing New York City police officers arresting a young black man sparked outrage and elicited questions about the amount of force used to make the arrest in a city where mistrust of police remains high more than five years after Eric Garner’s death from an officer’s chokehold. Fitzroy Gayle, […]