China's Hubei province reported there were 115 additional deaths as of Feb. 20, which brought the total number of COVID-19 fatalities in the region to 2,144.
that it was taking down listings claiming to be a treatment, cure or remedy for the coronavirus, according to an email obtained by CNBC.that Amazon was one of several tech giants that met with the World Health Organization at Facebook's Menlo Park, Calif. offices to discuss how to stop misinformation about the coronavirus on their platforms. Bad actors have attempted to make money off of fears around the coronavirus.
Facebook typically uses the Game Developers Conference each year to make announcements for its Oculus virtual reality division and its other endeavors in gaming. A company spokesman said Facebook will still make its planned announcements, but it will do so in a digital format.Chinese banks may face increasing pressure from a rise in bad loans, according to a new report from S&P Global Ratings.
Based on that slowdown, S&P Global estimates that the share of questionable loans could rise from 6.5% to 7.5% of all loans before the outbreak to a peak of about 10.5% to 11.5% in the aftermath of the epidemic. The rise in bad loans comes as Chinese bank regulators have been working to tighten accounting standards. S&P Global analysts said the coronavirus crisis will likely slow those reforms, as authorities focus instead on financial and social stability.
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