Carmakers close Chinese factories because of coronavirus

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Carmakers close Chinese factories because of coronavirus

(Reuters) – Automakers and parts suppliers have shut factories in China, in line with government guidelines, or have flagged a hit to profits following the coronavirus outbreak. FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in …
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Toyota keeps China plant output stopped through February 16 as virus hits supply, logistics

TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Friday said production at all of its China plants would remain suspended through Feb. 16, joining a growing number of automakers facing stoppages due to supply chain issues as the coronavirus spreads.
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Does Aurora Cannabis' Staff Downsizing Upsize the Pot Stock's Appeal?

Heads are about to roll at Aurora Cannabis (NYSE:ACB). Bloomberg reported earlier this week that the Canadian cannabis producer plans to slash 10% of its workforce. The report was based on an unnamed source who said that the cuts were intended to …
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Thiam quits as Credit Suisse CEO after spying scandal split

ZURICH (Reuters) – Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle with Chairman Urs Rohner at Switzerland’s second-biggest bank over a damaging spying scandal. FILE PHOTO: CEO of Credit Suisse Group Tidjane Thiam …
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Norfolk mulls over bid for millions to help get electric buses

Transport bosses are mulling over whether to bid for millions of pounds of government cash made available to set up a new fleet of electric buses. Share article from Eastern Daily Press on facebook · Tweet article from Eastern Daily Press · post article from …
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