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Episode details

World Service,04 Feb 2020,26 mins

Coronavirus hits businesses

World Business Report

Available for over a year

As the human toll of Coronavirus rises, businesses are beginning to count the cost. Car maker Hyundai has suspended a production line in South Korea because of a shortage of parts from China. Peter Goodman is European economics correspondent for the New York Times and tells us about the global impact Coronavirus is having. Herbert Lun is managing director of Wing Sang Electrical in Shenzhen, China, and explains why production has been halted at his firm. We get a sense of the impact on the hospitality sector from Noel Smyth, managing director of Delaneys, a chain of Irish themed pubs in Hong Kong. And Rachel Winter, investment director at Killick and Co in London, discusses how the world's financial markets have been responding to the outbreak. Also in the programme, the UK media regulator Ofcom says parents are increasingly worried about their childrens' online activity. We discuss how parents should navigate the online world with journalist Liat Hughes Joshi, who has written several books on parenting. (Picture: People wearing medical masks in Shanghai. Picture credit: Reuters.)

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