Categories: OLD Media Moves

Thomson Reuters cancels non-essential business travel for employees to mainland China

According to CNBC, Thomson Reuters has canceled non-essential business travel for its employees to mainland China, Hong Kong and South Korea amid fears of the deadly coronavirus outbreak.

“Thomson Reuters has halted all non-essential travel to China, Hong Kong and South Korea. All other travel remains under constant review,” a spokesperson said.

The parent company Reuters News joins a growing list of major corporations that are halting employee travel due to virus concerns including Amazon and Facebook. More companies are also canceling international travel and conferences and hotels are reporting a significant rise in group cancellations.

The virus last week wiped out $1.7 trillion in U.S. stock market value in just two days as investors fled riskier assets amid growing fears of a global growth slowdown.

Mariam Ahmed

Recent Posts

Indianapolis Biz Journal seeks a news editor

The Indianapolis Business Journal is looking for our next news editor, a role that focuses…

8 hours ago

Axios hires Berkowitz as ME for media and markets coverage

Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…

12 hours ago

Business Insider hires Ortega as director of newsroom operations

Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…

13 hours ago

Rest of World promotes Chandran to deputy editor

Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…

13 hours ago

FT hires Venugopal as India newsletter editor

The Financial Times has hired Veena Venugopal as its India newsletter editor. She has been working at…

14 hours ago

FT taps Parkin to be Middle East and Africa news editor

Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…

17 hours ago