Renault to shut down production in France

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Source: Dukascopy Bank SA
France's carmaker Renault announced that it halted production at 12 industrial sites in France until further notice because amid the coronavirus outbreak, affecting 18K workers.
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Mon, 16 Mar 2020 22:58:26 GMT

Cowen sees Nike's sales drop $3.5B by Q4

Nike Inc's revenue is likely to plunge by 34% or $3.5B in the Q4, according to Cowen, as the sportswear firm struggles from store shutdowns and supply disruptions due to the coronavirus outbreak.

Mon, 16 Mar 2020 19:02:57 GMT

Cowen sees Nike's sales drop $3.5B by Q4

Nike Inc's revenue is likely to plunge by 34% or $3.5B in the Q4, according to Cowen, as the sportswear group struggles from store shutdowns and supply disruptions due to the coronavirus outbreak.

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