By Karl Plume MAPLEWOOD, Minn. (Reuters) – Diversified manufacturer 3M Co <MMM.N> has avoided major supply chain disruptions from the coronavirus outbreak by sourcing materials for its protective face masks from regional suppliers instead of far-flung locations, a company official told Reuters. More than 3,200 people have died from the fast-spreading coronavirus, which has reached […]
LONDON (Reuters) – The likely slowdown in China’s economy due to the coronavirus outbreak is likely to shave 0.1 to 0.2 percentage points off both euro zone and UK growth this year, credit rating agency S&P Global estimated on Wednesday. Should the coronavirus peak in March, as is currently assumed, the shock to the European […]
LONDON (Reuters) – Goldman Sachs says 2020 global growth will take a modest hit from the outbreak of coronavirus, assuming an aggressive response from authorities in China and elsewhere to bring the rate of new infections down sharply by the end of the first quarter. Annual-average global GDP growth in 2020 will be downgraded by […]
