10:54:27 EDT Thu 25 Apr 2024
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Manulife Financial Corp
Symbol MFC
Shares Issued 1,948,811,715
Close 2020-01-28 C$ 26.65
Market Cap C$ 51,935,832,205
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Globe says Manulife not banning travel to China

2020-01-29 08:09 ET - In the News

The Globe and Mail reports in its Wednesday, Jan. 29, edition that Canadian companies are banning travel to China and instructing staff to work from home if they have recently gone there. The Globe's Brent Jang and Joe Castaldo write that the novel coronavirus had killed at least 100 people and infected thousands of others as of Tuesday, with more than 4,600 confirmed cases in China. Graham Shantz, president of the Canada China Business Council, said Canadian corporations are postponing travel plans to China until authorities such as the World Health Organization provide signs that the virus crisis is nearing an end. At Canadian insurer Manulife Financial, no travel ban to China was announced on Tuesday, but the company is taking precautions. "We are taking appropriate preventive measures according to the needs of different markets, including reminders on personal and office hygiene, more frequent office cleaning, and encouraging employees to work from home," Manulife spokesman Sean Pasternak said in an e-mail.

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