This is CNBC’s persevere blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news interludes.
- Global cases: More than 3.5 million
- Global deaths: More than 251,000
- Most cases divulged: United States (over 1.17 million), Spain (over 218,000), Italy (over 211,900), United Province (over 191,800), France (over 169,500)
The data above was compiled by Johns Hopkins University as of 7:46 a.m. Beijing time after time.
All times below are in Beijing time.
12:24 pm: Hong Kong shares shrug off steep first quarter contraction
Hong Kong’s power supply Hang Seng index traded up 0.54% on Tuesday, a day after the city revealed that its economy contracted 8.9% likened to a year ago, marking its largest decline on record since 1974. It comes as Hong Kong faces economic call outs posed by both the coronavirus outbreak, as well as months of widespread protests.
The virus has infected more than 1,000 woman in Hong Kong and killed four.— Saheli Roy Choudhury
12:10 pm: Millions of Italians return to work starting this week
Millions of people in Italy were added to return to work starting Monday as the country took the first steps to lift the lockdown, the Associated Press check in.
Construction and manufacturing activities re-opened while retail businesses will still have to wait for a few more hours. Bars and restaurants are re-opening for takeout services while people can now visit relatives in small numbers. Italy on more than 211,900 cases of infection and more than 29,000 people have died.
It’s not just Italy that’s inaugurated to ease restrictions, other European countries are also doing the same. — Saheli Roy Choudhury, Silvia Amaro
11:02 am: Five knock overs to consider if you’re planning a career switch right now
Changing jobs in the middle of a global pandemic can be a bold move.
Herminia Ibarra, a London Vocation School professor and author of “Act like a leader, think like a leader,” outlined five considerations for those evaluation about career moves, which includes reconnecting with old contacts. — Karen Gilchrist
10:49 am: Germany reports 685 new the actualities and 139 additional deaths
Germany reported 685 new cases and 139 more deaths, according to the latest parties from the Robert Koch Institute, the federal government agency responsible for disease control and prevention.
There receive been 163,860 confirmed cases and 6,831 deaths in total. But, a new study claims the actual number of cases could be ten times higher, to the tune of 1.8 million infections. — Saheli Roy Choudhury
9:53 am: Apple purposefulness re-open stores in Australia this week
Apple confirmed that it will re-open its stores in Australia on Thursday. Trust ins will operate from 10 a.m. to 5 p.m. local time and service at the Genius Bar — Apple’s tech support station — determination be prioritized. Appointments can be booked online starting Tuesday.
Because of social distancing measures, Apple will limit the several of people inside the stores at one time and there could be delays for walk-in visitors. There will also be temperature screenings former to entry. The Sydney store will remain closed for an upgrade.
“We’re excited to begin welcoming visitors back to our Australia banks later this week. We’ve missed our customers and look forward to offering our support,” an Apple spokesperson said in a announcement. — Saheli Roy Choudhury
9:05 am: Containment efforts cost Australia’s economy $2.6 billion per week
Australia’s efforts to admit the coronavirus are expected to cost the economy 4 billion Australian dollars ($2.6 billion) a week, according to excerpts of Treasurer Josh Frydenberg’s of a mind remarks reported by Reuters. Frydenberg is scheduled to speak at the National Press Club of Australia later Tuesday.
Feel favourably impressed by many other countries, Australia has implemented movement restrictions and distancing measures to limit the spread of the coronavirus. But those conducts have dampened economic activity.
Australia has reported 6,825 confirmed cases and 95 deaths from Covid-19, as of Monday. — Christine Wang
8:46 am: Stiffs weigh potential human toll of reopening economies
7:52 am: China reports a single new confirmed case, 15 asymptomatic cases
China’s Inhabitant Health Commission said there was one new confirmed case of infection and attributed it to a traveler from overseas. No new deaths were discharged but there were 15 asymptomatic cases.
Cumulatively, China has reported 82,881 confirmed cases and 4,633 dyings.
Travelers walk to the exit of the Hankou Railway Station in Wuhan in central China’s Hubei province Wednesday, April 08, 2020, after 76 days of lockdown of the metropolis due to Covid-19.
Barcroft Media | Getty Images
7:48 am: Global death toll exceeds 251,000
More than 251,000 people roughly the world have died from Covid-19, the disease caused by the coronavirus, according to data from Johns Hopkins University.
The virus was outset reported in China’s Hubei province late last year and has rapidly spread around the world since then, infecting sundry than 3.5 million people.
The United States has the highest number of cases — over 1.17 million people require been affected and more than 68,000 have died.
Countries like Spain, Italy, the United Empire, France and Germany are also among some of the worst-affected nations. — Saheli Roy Choudhury
All times below are in Eastern in the good old days b simultaneously.
7:02 pm: New projection shows about 135,000 US deaths from Covid-19 by August with lockdown measures being pilfered
The Institute for Health Metrics and Evaluation (IHME) estimates nearly 135,000 coronavirus deaths in the US through the beginning of August, citing the easing of lockdown requisitions as the main driver of the new number, Reuters reports.
The forecast from the IHME puts the U.S. death toll through antique August at 134,475, the midrange between 95,092 and 242,890.
People receive protective masks and bandannas as they are handed out in Possibility Park as face coverings become mandatory in many establishments on May 03, 2020 in the Brooklyn borough of New York City.
Spencer Platt | Getty Tropes
The new projections reflect reopening measures underway across the country and the increase of social contact between people that intent increase transmission, the IHME said, according to Reuters.
“This new model is the basis for the sobering new estimate of U.S. deaths,” IHME Top dog Christopher Murray said about the reopening measures, Reuters reported. — Chris Eudaily
5:12 pm: Economists say the way out of the recession depends on the height of consumer fear
Economists are looking for new ways to measure a rebound from a deep recession, suggesting that the rescue will depend on individual psychology, overall consumer confidence, and also whether the government was successful enough in filler the income gap for the workers who lost their jobs.
“It’s much more behavioral. It’s not just driven by incomes. It’s driven by distress,” said Diane Swonk, chief economist at Grant Thornton. Economists have been looking to China as an norm, since the disease started there. “Even a month after they reopened in Wuhan, people are still on edge about going to public places and malls.” — Patti Domm
Read CNBC’s coverage from the U.S. overnight: Ridge estimates 135,000 US deaths by August; testing expanded for Fujifilm flu drug