Fiat again halts Atessa, its only functioning assembly site in Europe
Fiat Chrysler has again halted its Atessa plant in Italy due to disruptions in parts supply linked to the coronavirus outbreak, after it was reopened...
Nissan to stop producing cars in Indonesia as part of reorganisation plan
Nissan Motor Co on Wednesday said it would stop producing vehicles in Indonesia, consolidating its global production in the face of falling sales which has...
Emirates asks pilots to take unpaid leave, Qatar Airways lays off staff
Middle East airline Qatar Airways laid off about 200 Filipino staff in Doha this week and rival Emirates asked pilots to take unpaid leave as...
Goldman tells staff in Americas, EMEA to work from home after two coronavirus cases found
Goldman Sachs has instructed most of its staff in the Americas, Europe, Middle East and Africa to work from home from Wednesday until further notice,...
Futures slide again as stimulus high fades
U.S. stock index futures tumbled on Wednesday, pointing to another volatile session for Wall Street on fears that even dramatic stimulus measures would not be...
German retailers plead for state aid as stores close
Germany’s HDE retail association called on Wednesday for the government to give immediate state aid and tax relief to stop businesses going bust as stores...
UBS weathers coronavirus ramp-up with low losses: CFO
Swiss bank UBS has seen relatively low losses in its lending portfolio and feels comfortable with its liquidity despite market drops amidst the coronavirus pandemic,...
Emirates asks pilots to take unpaid leave, Qatar Airway lays off staff
Middle East airline Qatar Airways laid off about 200 Filipino staff in Doha this week and rival Emirates asked pilots to take unpaid leave as...
BlackRock stands by climate priorities, sees tougher shareholder votes
BlackRock Inc executives who set the asset manager’s influential proxy votes on Tuesday outlined tougher priorities tied to climate change and executive pay for the...
Stocks, oil sliding again in ‘irrevocably changed’ markets
Global stocks stumbled back into the red on Wednesday with Wall Street futures pointing to more losses ahead as fears over the coronavirus fallout eclipsed...