Biodun Iginla, BBC News

Biodun Iginla, BBC News
Showing posts with label honda. Show all posts
Showing posts with label honda. Show all posts

Wednesday, March 11, 2020

BREAKING: China allows some firms to resume work at virus epicentre


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Beijing 
China announced Wednesday that key companies can resume work in coronavirus-hit Wuhan, in another sign authorities are confident the quarantined city is winning its battle against the epidemic.
The decision came a day after President Xi Jinping paid his first visit to the capital of Hubei province since it was placed under lockdown in late January after the outbreak became a national emergency.
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The number of daily new cases has fallen steadily in Wuhan in recent weeks, while all other cities in Hubei have reported zero fresh infections for several days in a row -- prompting Xi to declare that the spread of the virus has been "basically curbed" in the province.
The Hubei provincial government said Wednesday that Wuhan businesses involved in providing daily necessities, prevention and control of the epidemic, or in the operations of public utilities, are among those that can resume work and production immediately.
Wuhan firms that are key to "global industrial chains" may do so as well, after getting approval, the government added.
Other companies are expected to resume production only after March 20.
Japanese carmarker Honda said on Wednesday that some of its staff have started going to work in its Wuhan plant.
Honda has also begun production of a "small number of vehicles" while checking on its production equipment starting Wednesday.
Similar rules apply to areas outside Wuhan that are considered high-risk, where companies involved in epidemic prevention, public utilities and providing necessities are among those that may resume work.
In areas considered medium or low risk, there is a broader range of companies allowed to return to work.
Passenger flights, trains, cars, ships and city buses in middle and low-risk areas -- moving within the province and excluding Wuhan -- will "gradually resume operations" as well, although no timeframe was given.
But authorities said they will continue strict control measures on channels out of Wuhan and Hubei.
- Health codes -
The announcement came a day after Hubei authorities loosened travel restrictions, allowing people from medium and low risk areas to move within the province if their health code is labelled "green".
A mobile app will be used to give residents a coloured health code. Green indicates holders have no contact with virus cases, while those with yellow codes are close contacts.
Confirmed or suspected cases will get a red code, and must be quarantined.
Authorities added in the latest statement on Wednesday that outside of Wuhan, a "point-to-point" system will be adopted to send employees back to work, and help those stranded in Hubei to return home.
Schools will continue to be suspended in Hubei.
Wuhan city has been on lockdown since January 23 as China scrambled to contain the spread of the deadly coronavirus, which has now killed over 3,100 and infected nearly 81,000 in the country.
Other cities in Hubei soon followed suit, placing a total of around 56 million people under quarantine.
Most of China's cases and deaths came from Hubei, with the majority in Wuhan.
But with cases falling dramatically in the province, residents have been clamouring for restrictions to be eased.

Wednesday, January 23, 2019

BREAKING: Sony to move Europe headquarters to avoid Brexit disruption

January 23, 2019  10H:38  GMT/UTC/ZULU
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Woman wears virtual reality headset at Consumer Electtronics Show in Las VegasImage copyrightGETTY IMAGES
by Emily Straton and Biodun Iginla, BBC News Business reporters, London. Disclosure: Emily Straton and Biodun Iginla dated in 2008 when Biodun Iginla was flitting between New York and London.
Sony will move its European headquarters from the UK to the Netherlands to avoid disruptions caused by Brexit.
The company said the move would help it avoid customs issues tied to Britain's exit from the EU, according to AFP.
Despite the move, Sony won't shift personnel and operations from the existing UK operations.
It is the latest Japanese company to flag a move to the continent in response to Brexit.
The UK is on course to leave the European Union in March, but the two sides have yet to strike a deal.
On a recent trip to the UK, Japan's Prime Minister Shinzo Abe expressed concern over a no-deal Brexit.
He said it could hurt Japanese companies, which employ up to 150,000 people in the UK.

Electronics firms switch off

Sony spokesperson Takashi Iida told AFP the move would make Sony a "company based in the EU" so the common customs procedures will apply to Sony's European operations after Britain leaves the bloc.
Sony's rival Panasonic has already moved its headquarters to Amsterdam, mostly because of tax issues potentially created by Brexit.
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Both companies say the decision is unlikely to have a major impact on jobs in the UK.
Sony buildingImage copyrightGETTY IMAGES
When Panasonic announced its move, it said "fewer than approximately 10" people would be affected out of a staff of 30.

Bank withdrawal

Several Japanese firms, including MUFG, Nomura Holdings, Daiwa Securities and Sumitomo Mitsui Financial Group, have said they plan to move their main EU bases out of London.
Japanese bank Norinchukin announced earlier this month that it would set up a wholly-owned subsidiary in the Netherlands in response to Brexit and other economic changes in Europe.

Hitting the brakes

A number of Japanese carmakers have also expressed concern over the impact of a hard Brexit.
Toyota has warned that a no-deal Brexit would affect investment and would temporarily halt output at its plant in Burnaston.
Honda has already planned a six day halt in April to plan for "all possible outcomes caused by logistics and border issues".

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