World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has infected more than 737,000 people across the globe.
Asia is key for garment manufacturing and many jobs in the region will be at risk in countries like Bangladesh, Cambodia and China that are dependent on the export economy.
Investors continue to watch for developments on the global coronavirus outbreak, which has already infected more than 720,000 worldwide and taken at least 33,925 lives, according to data compiled by John Hopkins University.
Demographics, social behavior and lower testing capacity are just some of the reasons why Italy and Spain have the highest number of deaths from the coronavirus, health experts told CNBC.
As the number of coronavirus cases rises in New York, the Empire State prepares to add four more hospitals. The state has also ordered thousands of manual ventilators in preparation for an impending surge in cases.
During a press briefing, Cuomo said he would issue an executive order to delay the vote, aligning it with the congressional and legislative primaries in New York.
New York City Mayor Bill de Blasio plans to hold a press conference on the coronavirus outbreak that has infected more than a half million people across the world and more than 25,300 in the city.
The first patients in a "historic" drug trial to test treatments for the coronavirus have been enrolled in Norway and Spain, World Health Organization officials announced Friday.
The state has already spent $1 billion trying to stymie the outbreak and estimates that business closures will cost roughly $10 billion to $15 billion in lost revenue.
As of Thursday, more than 492,000 cases of coronavirus have been reported, resulting in at least 22,000 deaths.
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