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The week in business in five graphics

Wuhan in central China is the size of London. But flights to and from the city are canceled, highways are shut and soldiers guard the railway station, as China tries to quarantine the center of a virus outbreak that has killed 81 people and infected thousands, spreading to more than 10 countries including the United States and Japan.

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Australia Confirms Fifth Coronavirus Case

Jan.27 — Australia confirmed a fifth case of coronavirus on Monday. “I’m advised that all five remain stable,” Brendan Murphy, Australia’s chief medical officer, said at a news conference. “There are a number of other Australians who have been tested and have been negative,” he said. …read more […]

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Tanger: 4Q Earnings Snapshot

GREENSBORO, N.C. (AP) _ Tanger Factory Outlet Centers Inc. (SKT) on Monday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Greensboro, North Carolina, said it had funds from operations of $57.5 million, or 59 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. …read more […]

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RPT-With Wuhan virus genetic code in hand, scientists begin work on a vaccine

CHICAGO/LONDON, Jan 24 (Reuters) – When a newly organised vaccine research group at the U.S. National Institutes of Health (NIH) met for the first time this week, its members had expected to be able to ease into their work. In just three months time, they likely will be testing the first of a number of potential experimental vaccines against the new SARS-like coronavirus that is spreading in China and beyond. “I told them, ‘you are going to have your baptism of fire, folks’,” Anthony Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases within NIH, …read more […]

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Switzerland’s Central Bank Is Stomaching Stronger a Franc

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Sight deposits at the Swiss National Bank increased only marginally last week, suggesting President Thomas Jordan and his colleagues aren’t taking much action to counter the strengthening franc.Iran-U.S. tensions and fears about the spreading Coronavirus has lifted the haven franc this year. Earlier on Monday, it breached the 1.07 per euro mark to touch a fresh three-year high.Yet the amount of cash commercial banks hold with the central bank — seen as a early indicator of activity — rose just 0.22% to …read more […]

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Coronavirus Vaccines Won’t Be Online for 5 or 6 Months, Says Scientist Tregoning

Jan.27 — John Tregoning, research scientist at Imperial College of London’s Department of Infectious Disease, discusses the spread of coronavirus, the fatality rate and vaccines being developed to combat the disease. He speaks on “Bloomberg Markets: European Open.” …read more […]

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China Virus Epicenter’s Streets Deserted as Hospitals Struggle to Cope

Chinese authorities are urging the public to remain calm as they try to contain a mysterious, fast-spreading coronavirus that has killed dozens of people and infected thousands. However, millions have already left Wuhan, the city at the center of the outbreak. Photo: Associated Press …read more […]