Intel has no plans to update annual forecast

Source: Dukascopy Bank SA
Intel Corp does not see a necessity to update it full-year outlook due to economic uncertainty triggered by the coronavirus outbreak, after it forecast its Q2 earnings to miss Wall Street's expectations.
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Fri, 24 Apr 2020 08:16:11 GMT

China's Hisense to slash nearly 23% of EU jobs

China's Hisense is planning to trim around 2,2K job positions in Europe by the 2020-end due to a slump in demand caused by the coronavirus crisis, the household appliances maker said.

Fri, 24 Apr 2020 06:02:45 GMT

Japan pledges aid for Toyota suppliers

Japan's regional governor pledged $3.72B in emergency loans to Toyota's suppliers and small and mid-sized firms, as the carmaker is planning to nearly halve the output at its Japanese factories.

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