The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 179.00
Bid: 187.75
Ask: 175.10
Change: 0.35 (0.20%)
Spread: -12.65 (-6.738%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 178.65
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WRAPUP 16-WHO to reconsider declaring global emergency as China virus evacuations begin

Wed, 29th Jan 2020 05:22

(Adds more details from WHO news conference; updates figures;
adds France, Canada evacuation plans)

* Coronavirus death toll rises to 133

* WHO panel to meet again on whether to declare global
emergency

* China state economist sees hard hit to Q1 growth

* Japan, U.S., UK, France and Canada evacuating citizens

* Australian laboratory develops lab version of virus

By Se Young Lee and Stephanie Nebehay

BEIJING/GENEVA, Jan 29 (Reuters) - Foreign governments flew
their citizens out of the epicentre of China's coronavirus
outbreak on Wednesday, as the number of deaths jumped to 133 and
the World Health Organization voiced "grave concern" about
person-to-person spread in three other countries.

The WHO said its Emergency Committee would reconvene behind
closed doors on Thursday to decide whether the rapid spread of
the new virus from China now constitutes a global emergency.

"In the last few days the progress of the virus especially
in some countries, especially human-to-human transmission,
worries us," WHO chief Tedros Adhanom Ghebreyesus told a news
conference in Geneva, naming Germany, Vietnam and Japan.

"Although the numbers outside China are still relatively
small, they hold the potential for a much larger outbreak."

There have been 6,065 cases of the flu-like virus in 15
countries worldwide - all but around 70 in China - according to
the latest WHO figures. All the deaths so far have been in
China, where the National Health Commission said there had been
132 fatalities as of end-Tuesday. Another death was reported in
Sichuan province on Wednesday.

The situation remained "grim and complex", said Chinese
President Xi Jinping, who on Tuesday had vowed to defeat the
"devil" virus. U.S. President Donald Trump said he had spoken to
Xi and his administration was working closely with China on
containing the outbreak.

Some major airlines suspended flights to China, and a senior
economist predicted a major impact on growth.

The WHO's panel of 16 independent experts twice last week
declined to declare an international emergency, but will
re-evaluate the situation on Thursday.

"We are at an important juncture in this event. We believe
these chains of transmission can still be interrupted," said
Mike Ryan, Executive Director of the WHO's Health Emergencies
Programme.

Ryan also praised China's response, saying: "They are taking
extraordinary measures in the face of what is an extraordinary
challenge."

STREETS DESERTED

In many Chinese cities, streets were largely deserted.
Tourist attractions were closed, while Starbucks coffee shops
required people to have their temperatures taken and to wear
masks.

"It's my first time here in Asia, I feel very unlucky," said
Brazilian tourist Amanda Lee, 23, cutting short a trip. "I
couldn't even see the places I wanted, like the Great Wall."

Almost all the deaths so far have been in the central
province of Hubei, home to about 60 million people and now under
virtual lockdown. The virus emerged last month in a live wild
animal market in the provincial capital Wuhan.

"I was extremely worried that I was stuck there," said Takeo
Aoyama, who arrived in Tokyo on a chartered plane carrying 206
Japanese out of Wuhan as some governments began evacuating their
citizens.

The United States flew about 210 Americans out of Wuhan, to
be screened several times on arrival in California. France said
a first flight of French nationals would leave on Wednesday
night and Britain said it would put 200 citizens on a charter
plane on Thursday. Canada was also organising
evacuations.

The virus is weighing heavily on the world's second-biggest
economy, with companies cutting corporate travel to China and
tourists cancelling trips. Various airlines are cutting flights,
from British Airways and Lufthansa to
Tanzania's national carrier that postponed maiden flights.

A government economist said the crisis could cut China's
first quarter growth by one point to 5% or lower as the crisis
hits sectors from mining to luxury goods.

Hong Kong stocks took a beating on the first day of trading
after the Lunar New Year break. Casino and financial stocks led
the Hang Seng index 2.5% lower to a seven-month trough.

"In our view, the worst is yet to come," securities firm
Nomura said, warning of a severe, near-term blow to China's
economy.

'LESS DEADLY THAN SARS'

But in a potentially major step towards finding a vaccine,
scientists in Australia said they had developed a lab-grown
version of the virus, the first recreated outside China.

The researchers at the Peter Doherty Institute for Infection
and Immunity said they would share the sample, grown from an
infected patient, with the WHO and global laboratories in the
hope of hastening immunisation and detection.

The number of cases of the new virus in China now exceeds
the 5,327 that were infected with the Severe Acute Respiratory
Syndrome (SARS), which also originated in China and killed about
800 people globally in 2002 and 2003.

While some experts believe the new strain, known as
"2019-nCoV", is not as deadly as SARS, alarm has grown over its
rapid spread and many unknown attributes.

"There have been more cases in China, but so far with a
lower death rate than the SARS outbreak," said Michael Head, a
health researcher at Britain's University of Southampton.

Like other respiratory infections, the new virus is spread
by droplets from coughs and sneezes, with an incubation time
between one and 14 days.

(Reporting by Cheng Leng in Shanghai, Se Young Lee, Lusha
Zhang, Gabriel Crossley, Tony Munroe, Huizhong W, Judy Hua,
Nanlin Fang and Joyce Zhou in Beijing and Stephanie Nebehay and
Emma Farge in Geneva; Additional reporting by Michelle Nichols
at the United Nations, Matthias Blamont in Paris, Akira
Tomoshige in Tokyo, Kate Kelland in London, Ben Blanchard in
Taipei; Writing by Robert Birsel, Andrew Cawthorne and Alex
Richardson; Editing by Clarence Fernandez, Nick Macfie and Hugh
Lawson)

More News
Today 08:09

Airbus deliveries rose 13% in April

PARIS, May 7 (Reuters) - Airbus delivered 61 aircraft in April, up 13% from the same month of 2023, bringing deliveries so far this year to 203, the European planemaker said on Tuesday.

Read more
3 May 2024 13:37

UK earnings, trading statements calendar - next 7 days

Monday 6 May 
no events scheduled 
Tuesday 7 May 
Arecor Therapeutics PLCFull Year Results
BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
MaxCyte IncQ1 Results
Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
Wednesday 8 May 
Alliance Pharma PLCFull Year Results
boohoo group PLCFull Year Results
Brighton Pier Group PLCFull Year Results
Cornerstone FS PLCFull Year Results
HydrogenOne Capital Growth PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Light Science Technologies Holdings PLCFull Year Results
OSB Group PLCTrading Statement
Renishaw PLCTrading Statement
Thursday 9 May 
Balfour Beatty PLCTrading Statement
Derwent London PLCTrading Statement
Flutter Entertainment PLC Trading Statement
Harbour Energy PLCTrading Statement
IMI PLCTrading Statement
ITV PLCTrading Statement
John Wood Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Spire Healthcare Group PLCTrading Statement
Synthomer PLCTrading Statement
Wheaton Precious Metals CorpQ1 Results
Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
18 Apr 2024 16:52

LONDON MARKET CLOSE: Stocks recover some of recent Fed talk losses

(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while initial jobless claims for the week came in steady.

Read more
18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

Read more
18 Apr 2024 08:59

LONDON MARKET OPEN: Europe up as overlooks New York tech sell-off

(Alliance News) - Stock prices in London opened higher on Thursday, with the FTSE 100 supported by some promising corporate updates.

Read more
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

*

Read more
12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
10 Apr 2024 14:46

Portugal's new government vows to keep balanced budgets, privatise TAP

LISBON, April 10 (Reuters) - Portugal's new minority government will maintain balanced budgets, keep reducing the country's public debt and carry out a long-planned privatisation of flag carrier TAP, it said in its inaugural legislative programme on Wednesday.

Read more
8 Apr 2024 17:03

LONDON MARKET CLOSE: Miners and airlines in demand as FTSE 100 climbs

(Alliance News) - Investors bought in London on Monday, as the FTSE 100 rose with gold hitting a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.