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China virus outbreak sparks a global run on face masks

Bloomberg People across the globe are stockpiling facial masks to protect themselves from the new coronavirus, depleting online malls and store shelves from California to Beijing. Yet their efficacy against an outbreak that’s claimed more than 130 lives remains uncertain. On Amazon and Alibaba, many shops peddling anti-virus masks had run out of stock as of Wednesday. Across China, Hong ...

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Prosecutors raid ex-Ghosn lawyer’s office

Bloomberg Tokyo prosecutors raided the offices of a former lawyer for Carlos Ghosn, likely searching for documents that could be related to the indicted former auto titan’s escape to Lebanon from Japan, public broadcaster NHK reported. The lawyer, Junichiro Hironaka, has denied any involvement in helping Ghosn flee and a person who answered the phone at his Tokyo office on ...

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Virus prompts India top cotton trader to stop sales to China

Bloomberg Kotak Commodity Services Pvt, one of India’s top cotton exporters, will stop selling new cargoes to China on concern the spread of coronavirus may force the top buyer of the fiber to close ports and banks. The Mumbai-based company will look for new buyers of cotton in countries such as Bangladesh, Indonesia, Taiwan and Vietnam to make up for ...

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