Tesla to cut on-site staff in Nevada by 75%

Source: Dukascopy Bank SA
The US electric automaker Tesla Inc announced its plans to trim its on-site staff at the battery plant located in Nevada by about 75% amid the coronavirus outbreak.
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Fri, 27 Mar 2020 15:02:09 GMT

Lufthansa applies for reduced-time work for about 31K crew

Lufthansa has filed an application for trimmed-time work for about 31K of its staff, grounding its crew at the core brand until August-end, as German flagship carrier slashed flights amid the coronavirus pandemic.

Fri, 27 Mar 2020 13:05:07 GMT

EU shares drop amid virus spread

On Friday, the EU stocks plunged, halting their largest-ever rally, as investors shifted focus to the coronavirus spread despite hopes for additional stimulus measures to overcome its economic impact.

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