German car supplier Webasto halts China corporate travel over coronavirus: spokeswoman

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEG0Q21K_L.jpg

FRANKFURT (Reuters) – The German auto supplier Webasto has halted all corporate travel to and from China because of the coronavirus outbreak and the infection of an employee, a spokeswoman for the company said on Monday.

She was confirming a Sueddeutsche Zeitung newspaper report that cited chief executive Holger Engelmann as saying in an interview that travel to and from China will stop for two weeks.

A Chinese employee from Shanghai tested positive for the virus on Jan. 26, Engelmann told the paper.

The employee had been at the company’s German headquarters from Jan. 19 to 22, but it was unclear when the employee became infected, he said.

The company, which has 11 locations in China, including in Wuhan, the epicenter of the coronavirus, is also examining its supply chain, Engelmann said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.