Like their counterparts in Silicon Valley, China’s largest tech companies struggled to prove online groceries can be a viable business. Then the novel coronavirus struck. Its spread has extended a lifeline to a slew of money-burning businesses — many backed by big name venture capital funds and tech giants from Alibaba Group Holding Ltd. to
The global commodity-shipping industry faces an extremely challenging quarter as the impact of the coronavirus outbreak in China adds to other headwinds including seasonally low demand and the impact of recent fuel-rule changes, according to IHS Markit. The spreading health emergency in Asia’s top economy, the world’s largest importer of iron ore, has sent shock