Microsoft's Teams hits 32M users last week

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Thursday, Microsoft Corp reported that its conferencing and chat app Teams reached 32M users last week, as the majority of firms across the world shift to remote work due to the coronavirus outbreak.
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Thu, 19 Mar 2020 14:42:54 GMT

Deutsche Bank sees German economy to contract 4-5%

Deutsche Bank has trimmed its outlook for the German economy amid the coronavirus fallout and is now expecting it to contract 4%-5% in 2020, adding that industrial production could decline by 10%.

Thu, 19 Mar 2020 13:35:20 GMT

Ford to draw down $15.4 billion from two credit lines

On Thursday, Ford Motor announced it has a plan to draw down $15.4B from two credit lines and halt dividend, aiming to preserve cash, in its efforts to confront the negative impact caused by the coronavirus outbreak.

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