Carmakers curb European production as coronavirus hits

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Carmakers curb European production as coronavirus hits

MILAN (Reuters) – Carmakers including Fiat Chrysler (FCHA.MI), VW (VOWG_p.DE) and its premium unit Audi (NSUG.DE) throttled back production at their European plants on Monday as fears over the coronavirus took their toll on producing goods.
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Uber is delivering free meals to health-care workers and first responders amid coronavirus crisis

Uber is giving away over 300,000 free meals to health workers and first responders who are helping combat the coronavirus pandemic. The effort will help workers in the United States and Canada; The company’s Uber Eats segment is also waiving delivery …
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Wild Weekend: Fed Preempts Meeting With Emergency Rate Cut, New Stimulus On Sunday

Key Takeaways: Index futures fall their limit overnight after Fed lowers rates to zero; Crude drops back below $30 a barrel as demand seen plunging. After last week’s wild ride, the question was what would the market do for an encore. The answer came …
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Why the world is waking up to Vietnamese coffee

(CNN) — Rob Atthill says he was “smitten” by Vietnamese coffee the first time he visited the Southeast Asian nation, in 2004. A pioneer of the Vietnamese street food scene in London, Atthill started importing coffee — grown by farmers in the country’s Central …
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America's biggest banks halt share buybacks as coronavirus crisis deepens

New York (CNN Business) America’s eight biggest biggest banks are slamming the brakes on their aggressive share buyback programs as they promise to preserve capital to get through the coronavirus crisis. The financial institutions announced the buyback …
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