Business News
Italy's CNH Industrial targets total production by the end of May
2020-05-05
Vehicle and equipment manufacturer CNH Industrial said Tuesday it plans to gradually return to full operations at most of its facilities around the world by the end of May, in line with coronavirus lockdowns easing.
Dacia and Ford carmakers resume production in Romania
2020-05-04
Romanian carmaker Dacia, owned by Craiova plant at France's Renault and Ford Motor Co, resumed operations on Monday after the coronavirus pandemic stopped the output in March, they said.
Nissan's plan to focus further on the U.S., Japan, China
2020-05-04
Nissan Motor Co Ltd < 7201.T > will be pulling back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction for the embattled carmaker, told Reuters, people with direct knowledge of the plan.
Oil prices fall on demand concerns, trade tension between the United States and China
2020-05-04
Oil prices fell on Monday, stopping last week's gains, worries a global oil glut may persist in the midst of slumping demand, and trade tensions between the U.S. and China that could curb economic recovery as coronavirus pandemic lockdowns begin to ease.
Disney, hit hard by coronavirus, faces questions from Wall Street about company impact
2020-05-04
The spree of acquisitions by Walt Disney Co that included swallowing much of Rupert Murdoch's 21st Century Fox last year, and a reputation for operational excellence, turned the company into the most powerful entertainment machine in the world.