Connect with us

World News

Global coronavirus cases top 13 million: Live updates | News

Published

on

Hello and welcome to Al Jazeera’s continuing coverage of the coronavirus pandemic. I’m Kate Mayberry in Kuala Lumpur.

  • The World Health Organization has warned the pandemic could get far worse if countries around the world do not follow basic healthcare precautions. “The virus remains public enemy number one,” WHO Director-General Tedros Adhanom Ghebreyesus told a virtual briefing from WHO headquarters in Geneva.
  • More than 13 million people around the world have been diagnosed with COVID-19 and nearly 572,000 have died, according to data from the Johns Hopkins University. The United States, Brazil, the United Kingdom, Mexico and Italy have recorded the most deaths.

Here are the latest updates.

Tuesday, July 14

02:30 GMT – Mystery of Argentine sailors who caught virus while at sea

Argentina is trying to solve the mystery of how 57 sailors managed to come down with the coronavirus while they were at sea even though all had tested negative and spent 14 days in quarantine in a hotel before the voyage began.

The health ministry for the southern province of Tierra del Fuego says the fishing trawler is now back in port after 35 days at sea, with 57 of the 61 crew diagnosed with the virus after a new test. Two are now in hospital.

A team is trying to establish the “chronology of contagion” among the crew.

“This is a case that escapes all description in publications because an incubation period this long has not been described anywhere,” said Leandro Ballatore, the head of the infectious diseases department at Ushuaia Regional Hospital. “We cannot yet explain how the symptoms appeared.”   

01:25 GMT – No new cases confirmed in Beijing for eighth day

The wave of coronavirus cases connected with Beijing’s wholesale market that began in June appears to have been brought under control with no new cases of the disease reported in the Chinese capital for eight successive days.

China’s National Health Commission reported five new cases on the mainland on Tuesday, all among people returning from overseas.

01:00 GMT – Nearly 1,000 workers at US immigration detention centres have COVID-19

More than 930 people working for four private companies that run detention centres for US immigration have tested positive for coronavirus, according to executives speaking at a congressional hearing.

The four firms are CoreCivic (554 cases), the GEO Group (167 cases), Management & Training Corp (73 cases) and LaSalle Corrections (144 cases). US immigration has reported 45 cases amongst its own staff.

Lawmakers are concerned about the spread of the virus across the US’ nearly 70 detention centres. More than 3,000 detainees have tested positive for the disease and two have died. There are currently about 22,580 people in immigration custody.

00:00 GMT – UK to make masks mandatory in shops

The British government will announce on Tuesday that people will have to wear masks when they go into a shop from July 24. 

“There is growing evidence that wearing a face covering in an enclosed space helps protect individuals and those around them from coronavirus,” a statement from the prime minister’s office said.

Masks have been required on public transport since June 15.

23:45 GMT (Monday) – Worldwide cases surpass 13 million

More than 13 million people around the world have now been confirmed to have had the coronavirus, according to data compiled by Johns Hopkins University.

Below are the five most-affected countries.

  • United States – 3,361,042
  • Brazil – 1,884,967
  • India – 878,254
  • Russia – 732,547
  • Peru – 330,123 

Read all the updates from yesterday (July 13) here.


SOURCE:
Al Jazeera and news agencies



Source link

World News

Zooming ahead: Videoconferencing firm tops analysts’ expectations | Coronavirus pandemic News

Published

on

Revenue more than tripled to $882.5m in the fiscal fourth quarter, the company said, surpassing analysts’ estimates.

Zoom Video Communications Inc. projected annual revenue that would top analysts’ estimates, signaling the video meeting service expects to remain a ubiquitous presence in daily life even as the pandemic recedes. Shares jumped about 10% extended trading.

Sales will be as much as $3.78 billion in fiscal year 2022, the San Jose, California-based company said Monday in a statement. While the projected annual revenue growth of 43% is far short of Zoom’s 326% increase in the fiscal year ended Jan. 31, it topped the 37% average estimate of analysts, according to data compiled by Bloomberg. Profit, excluding some items, will be as much as $3.65 a share. Analysts projected $2.97.

Investors have feared the software maker couldn’t continue the dramatic growth in 2020 that came as people forced home in coronavirus lockdowns connected remotely on the service to work, school, friends and family.

While Zoom’s stock jumped almost fivefold last year as it became one of the biggest beneficiaries of the pandemic, it had gained just 11% during the first two months of 2021 before surging almost 10% Monday to close at $409.66 in New York.

Chief Executive Officer Eric Yuan has tried to diversify Zoom’s capabilities and add products such as a cloud phone system to appeal to more large enterprises and small- and mid-sized businesses.

“We believe we are well positioned for strong growth with our innovative video communications platform, on which our customers can build, run, and grow their businesses; our globally recognized brand; and a team ever focused on delivering happiness to our customers,” Yuan said in the statement.

Revenue more than tripled to $882.5 million in the fiscal fourth quarter, the company said. Analysts, on average, estimated $811 million. Profit, excluding some items, was $1.22 cents a share, compared with an average estimate of 79 cents.

“In our view, and whether you like it or not, video will continue to remain a core element of our daily lives and further be embedded in work, school, etc. Zoom will clearly benefit and report sustained levels of growth, in our view, and increasingly in the enterprise segment,” wrote Matt VanVliet, an analyst at BTIG, in a note before the results.

Zoom offers video gatherings free for 40 minutes and as many as 100 participants before users are charged for the service. Analysts have focused on the churn, the number of customers who drop monthly or annual subscriptions, particularly among corporate users.

The company said it had 467,100 customers with more than 10 employees, a jump of about 8% from the previous period and topping analysts’ average estimate of 442,570. The company also said 1,644 clients contributed $100,000 in trailing 12-month revenue. Analysts projected 1,474 such large customers.



Source link

Continue Reading
Advertisement

Top Stories