VW likely to temporary layoff staff at Spanish plant

Source: Dukascopy Bank SA
German automaker Volkswagen is considering temporary layoffs at its Spain's Navarra plant in case of the supply chain disruption triggered by the coronavirus outbreak, a VW spokesman stated.
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Wed, 11 Mar 2020 14:52:48 GMT

UK trims growth outlook for 2020, raises for 2021

Rishi Sunak, the UK Finance Minister, announced the updated growth outlook for the British economy that was on its way to expand by 1.1% in 2020 and 1.8% the next year, based on the first annual budget presented on Wednesday.

Wed, 11 Mar 2020 12:21:50 GMT

Adidas, Puma see losses in China sales amid coronavirus

Adidas and Puma, the German sportswear makers, stated on Wednesday that they expect a major slide in China sales amid the coronavirus outbreak.

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