Canadian GDP slumps 9% in March

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Wed, 15 Apr 2020 14:41:23 GMT

Source: Dukascopy Bank SA

Canada's GDP slumped 9% in March, as the virus outbreak forced the economic activity drop during the month.

Actual Topics

15 Apr 2020

Toyota to cut Japan's production

Toyota Motor is set to cut production of finished cars 40% in Japan in May, as demand falls globally due to the coronavirus pandemic.

15 Apr 2020

Citigroup profit drops 46% in Q1

Citigroup reported on Wednesday its quarterly profit tumbled 46% as the lender pledged about $5.0B to prepare for a potential flood of loan defaults amid a virtual suspension in economic activity triggered by the coronavirus crisis.

15 Apr 2020

Brazil's Azul picks adviser for debt restructuring

The Brazilian airline Azul has hired Galeazzi & Associados to restructure its financial and suppliers debt, according to the local O Estado de S. Paulo newspaper.

Canadian GDP slumps 9% in March

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Actual Topics

Toyota to cut Japan's production

Citigroup profit drops 46% in Q1

Brazil's Azul picks adviser for debt restructuring