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Bankruptcies caused by the coronavirus-related downturn continue to pile up.

Bartesaghi also sees great potential for cooperation between Latin America and China in the infrastructure sector, citing transportation, where China boasts expertise particularly in high-speed railway and electric vehicles, as well as renewable energy.

Based on this price, the company is estimated to be worth about .4 billion with option pools and about .28 billion without, according to wallstreetcn.com.

Bartley said he expects Amazon.com to sell 7.3 million e-readers this year, down from an original estimate of 9.7 million. As for Kindle Fire, whose sales have reportedly been weak in recent months, he expects 13.5 million units sold. That compares to 14.7 million.

Barry is expected to bring dangerous storm surge and heavy rains across the north-central Gulf Coast following its landfall, mainly due to its slow movement toward the inland region. Residents in the affected regions who had not been put under voluntary or mandatory evacuation were told to take shelter.