Recent Posts - page 478

• Jaguar Land Rover’s China Production Up To 75% Capacity As Demand Returns

  By admin2 on April 29, 2020 • ( 0 )

  

  Three-fourth of its budgeted production in China has been restored by the Tata Motors Ltd-owned British luxury carmaker Jaguar Land Rover (JLR), said reports quoting sources with knowledge of the matter. Reports stated that amid a revival of demand in… Read More ›

• Research Suggest Halving Of Economic Damage By 8-Month ‘Structured Lockdowns’

  By admin2 on April 29, 2020 • ( 0 )

  

  According to researchers from Cambridge University and the United States Federal Reserve, the economic destruction because of the coronavirus pandemic if no social distancing measures were imposed by governments if there was enforcement of eight-month “structured lockdowns”. Many countries have… Read More ›

• Coronavirus Pandemic Causes US Economy To Shrink By 4.8% In First Quarter

  By admin2 on April 29, 2020 • ( 0 )

  

  The United State economy – the largest of the world, has contracted to an extent that is the highest in a decade in the first quarter of the current year primarily because of the lockdown and the closure of businesses… Read More ›

• Reports Increased Earnings As Consumers Stock Up During Pandemic Crisis

  By admin2 on April 28, 2020 • ( 0 )

  

  There was a 10 per cent growth in the first-quarter adjusted earnings of PepsiCo as consumers stocked up on its drinks and snacks in preparing in anticipation of the need to spend more time locked up at home because of… Read More ›

• Coronavirus Crisis Impact: 6,000 Airbus Staff To Be Furloughed In Europe

  By admin2 on April 28, 2020 • ( 0 )

  

  European aircraft maker Airbus is set to furlough more than 6,000 workers in the United Kingdom and France on the basis of the programs announced by the governments of the tow countries. The company had reportedly warned its staff just… Read More ›

• World’s biggest spirit maker Diageo raises $2.5 billion from bond offering

  By admin1 on April 28, 2020 • ( 0 )

  

  On Tuesday, the world’s largest spirits maker, Diageo, launched a $2.5 billion bond offering weeks after suspending its share buyback programme in response to the coronavirus crisis. Diageo, whose brand of whiskey includes Johnnie Walker, said, the offering will be… Read More ›

• GM, Ford & FCA plan on resuming some production at U.S. auto plants from May 18

  By admin1 on April 28, 2020 • ( 0 )

  

  According to a report from the Wall Street Journal, General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV are slated to to resume some production at their U.S. factories from May 18. Their U.S. plants were shutdown in… Read More ›

• Germany agrees to $9.74 billion rescue package for Lufthansa

  By admin1 on April 28, 2020 • ( 0 )

  

  In a report on Tuesday, Business Insider stated citing sources familiar with the matter at hand as saying, the German government has agreed to provide Lufthansa with a financial rescue package worth around $9.74 billion (9 billion euros) in return… Read More ›

• Novartis Q1 sales, core operating profit and net profit meets 2020 targets

  By admin1 on April 28, 2020 • ( 0 )

  

  Profits and first quarter sales of Swiss drugmaker Novartis have met their 2020 targets following sales at its generics unit continuing through the coronavirus lockdown without disruptions its business. Novartis’ core net income rose to $3.55 billion, up from $2.8… Read More ›

• Italy to ease lockdown from May 4: Giuseppe Conte

  By admin1 on April 27, 2020 • ( 0 )

  

  Italian Prime Minister Giuseppe Conte stated, starting from May 4, factories and building sites will re-open on May 4 and in the weeks to come more businesses will be allowed to conduct business. The development comes as Italy prepares to… Read More ›

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