INEOS to build third European hand sanitiser plant in ten days
Chemicals manufacturer INEOS [INEOSG.UL] said on Tuesday it will build a hand sanitiser plant in France in 10 days to help meet a European shortage and has begun production at its new British and German plants ahead of schedule.
Ford delays North American production restart over coronavirus concerns
Ford Motor Co said on Tuesday it was postponing its plan to restart production at its North America plants due to safety concerns for its workers amid the coronavirus pandemic.
Google Japan defends impartiality of search results amid lockdown rumors
Google on Tuesday defended the impartiality of its search results after users in Japan seeking to corroborate rumors of an imminent state of emergency declaration by the government were met with no results on its website.
Dollar surges on quarter-end flows; outlook robust
The dollar climbed against a swathe of currencies on Tuesday amid fiscal year-end demand by Japanese firms while the Australian dollar slipped despite a Chinese survey showing manufacturing returned to growth in March.
Microsoft clarifies Teams usage surged 775% in Italy
Microsoft Corp said it has seen a 775% jump in a month for Teams calling and meeting in Italy, withdrawing an earlier statement that the surge was for its cloud services in regions around the world that enforced social distancing to curb transmission …
Factbox: Airlines ground flights, count mounting costs of the coronavirus shock
Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak, scrapping flights and ditching financial forecasts.
Russia’s Gazprom says Bovanenkovo airport partially reopens
Russia’s Gazprom said on Tuesday that the Bovanenkovo airport, shut due to a coronavirus scare, has partially resumed operations to handle industrial cargoes and food, though there are no plans to rotate staff at the gas field.
Deutsche Bank to sponsor Eintracht Frankfurt soccer team – sources
Deutsche Bank is set to ink a sponsorship deal with its local soccer team Eintracht Frankfurt, two people with knowledge of the matter said on Tuesday.
Huawei warns China will strike back against new U.S. restrictions
Huawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a blow to its overseas sales in 2019, and predicted the Chinese government would retaliate against the United States.
Stocks end worst quarter since 2008 with small recovery
World stocks were set to close their worst quarter since 2008 on a brighter note, as Chinese factory data on Tuesday held out hope for an economic revival even as much of the rest of the world locked down to fight the coronavirus.
