Champagne producers fear that the spread of the coronavirus could stifle business opportunities in Asia, a massive and largely untapped market for the sparkling wine.
The World Health Organization warning comes amid intensifying concern about the COVID-19 outbreak, with the deadly flu-like virus spreading to more than two dozen countries.
Paramount Pictures has halted production on its anticipated action film "Mission: Impossible VII" starring Tom Cruise in Venice, Italy, as a coronavirus outbreak continues to spread across the northern part of the country.
Several major banks in Europe have seen changes in top management recently, in what experts suggest will be a new era for the region's finance industry.
WHO said a team of its scientists found that the epidemic in China peaked and plateaued between Jan. 23 and Feb. 2 and and has been declining steadily since then.
Italian stocks suffered their biggest daily decline since 2016 on Monday, as the euro zone's third-largest economy grappled with the largest coronavirus outbreak outside of Asia.
With several localized coronavirus cases popping up in places such as Iran, Italy, South Korea and Japan, some experts are beginning to wonder: Is the genie out of the bottle?
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