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Stock impact report

Coronavirus batters China restaurants and eateries as millions of workers struggle to return to work [CNBC]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
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Company Research Source: CNBC
A chef prepares a food delivery order at Wangfujing Quanjude restaurant on March 5, 2020 in Beijing, . Zhao Jun | News Service | Getty Images BEIJING — In an indication of how deep the economic shock of the new coronavirus is, many of Officially called COVID-19, the disease that emerged in the city of Wuhan in late December has since spread around the world in a global pandemic killed more than 4,600 people extended a Lunar New Year holiday shutdown Still, local governments are keen to prevent the highly contagious virus from re-emerging. Authorities have enacted strict, if sometimes confusing, measures to limit travel, quarantine visitors for 14 days and ensure people wear face masks when they go back to work. The economic strain of the virus' disruptions will likely cause 9 million people in 's cities to lose their jobs this year, with about 60% of them from the services industry, estimates Dan Wang, analyst at The Economist Intelligence Unit. For 18 million to 30 million people in Show less Read more
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