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Ford sees $600M quarterly loss amid coronavirus

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Monday, Ford Motor said it was expecting a $600M pre-tax loss for the Q1 after the coronavirus outbreak affected its sales and shut vehicle assembly factories, causing a 21% fall in car sales to dealers compared to the same quarter last year.
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13 Apr 2020

Amazon plans extra 75K jobs amid surging order demand

Amazon.com is planning to hire 75K more staff, the company announced on Monday, amid surging demand for online orders due to the coronavirus outbreak in the United States.

13 Apr 2020

Kia Motors likely to halt three plants in South Korea

Kia Motors Corp is considering to suspend its operations at three South Korean plants as the COVID-19 virus crisis hit the carmaker's exports to the United States and Europe.

13 Apr 2020

Siemens has no plans for job cuts over coronavirus

Siemens CEO Joe Kaser said the tech giant would not cut its workforce due to the economic downturn caused by the coronavirus outbreak, although some working measures could potentially be prolonged in Germany.