World coronavirus dispatch: BP's $17.5 bn write-off, Covid hits China again

Hong Kong Disneyland reopens June 18, top US Fitness chain files for bankruptcy, and other Covid-19 related news from across the globe

The world’s six largest oil and gas company, British Petroleum, has said it will write off up to $17.5 billion from the value of its assets as the UK oil major revises longer-term energy price assumptions with the expectation of a quicker shift away from fossil fuels. BP said coronavirus will have a lasting impact on the global economy as well as oil and gas demand and sees the pandemic only accelerating a global shift towards cleaner forms of energy. Read more here

Let’s look at the global statistics:

Total confirmed cases: 7,914,188

Change over yesterday: 125,904

Total deaths: