California county says Tesla factory cannot operate normally in coronavirus shutdown
Tesla Inc cannot continue to operate its main U.S. vehicle factory normally as the San Francisco Bay Area has begun a three-week lockdown to rein in the spread of coronavirus, a spokesman for the county sheriff’s office said on Tuesday.
Credit Suisse sharply cuts Mexico’s 2020 GDP, sees economy shrinking by 4%
Credit Suisse sharply lowered its forecast for Mexico’s economic performance this year and now expects a 4.0% contraction, according to a note sent to the bank’s clients on Tuesday, adding to a series of downgrades since the coronavirus spread.
Fujifilm Holdings shares untraded on glut of orders after China says drug works against coronavirus – Kyodo
Shares in Japanese company Fujifilm Holdings Corp were untraded due to a glut of buy orders after Kyodo news agency reported on Wednesday that China said the company’s Avigan drug works against coronavirus.
California county says Tesla factory cannot operate normally in coronavirus shutdown
Tesla Inc cannot operate its main U.S. vehicle factory normally as the San Francisco Bay Area has begun a three-week lockdown to rein in the spread of coronavirus, a spokesman for the county’s sheriff’s office said on Tuesday.
Governments offer airlines aid as coronavirus drives deeper flight cuts
Australia and Taiwan joined countries offering financial aid to airlines as coronavirus and stricter travel controls forced carriers to deepen cuts to capacity and staffing.
Boeing calls for $60 billion lifeline for U.S. aerospace industry
Boeing Co on Tuesday called for a $60 billion lifeline for the struggling U.S. aerospace manufacturing industry, which faces huge losses from the coronavirus pandemic.
FedEx suspends 2020 profit outlook; coronavirus and turnaround pressure weigh
U.S. package delivery company FedEx Corp suspended its 2020 profit outlook on Tuesday, citing the “significant impact” of the coronavirus, and said it would cut costs due to the uncertainty wrought by the pandemic.
UK’s Sainsbury’s to limit customer purchases, close cafes to get through coronavirus
British supermarket group Sainsbury’s is to restrict customer purchases to combat panic buying, close its in-store cafes and counters and beef-up online services to get it through the coronavirus crisis, it said on Wednesday.
Credit Suisse sharply cuts Mexico’s 2020 GDP, now sees economy shrinking by 4%
Credit Suisse sharply lowered its forecast for Mexico’s economic performance this year and now expects a 4.0% contraction, citing “significant downside risks,” according to a note sent to the bank’s clients on Tuesday.
More than 4,500 Delta flight attendants request unpaid leave in April: document
Delta Air Lines has received over 4,500 requests from flight attendants for voluntary unpaid leave in April, according to a March 14 paper seen by Reuters.
