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CORONAVIRUS FACTORY IMPACT
Asia factories see momentum weaken on rising costs, new COVID curbsChina's factory activity expanded at a softer pace in June with output growth slumping to the lowest level in 15 months, according to a pri...- Suzuki Q1 results: Profit nearly wiped out as coronavirus hits salesThe maker of the Swift and the Alto compact hatchbacks suffered a 64% drop in global vehicle sales in April-June, led by an 82% drop in Ind...
- COVID-19 restrictions affected sales, created liquidity crunch: Lyka LabsLyka Labs further said "parties who have placed orders with the company have deferred the execution of orders, as a result, sales has been ...
- Coronavirus impact: Wheels turn to wean away factories from ChinaCountries such as Japan are looking to diversify their supply chains to newer destinations.
- Wind turbine maker Nordex suspends production in SpainThe move takes the number of idled wind power factories in Europe to 15, as the impact of the pandemic reaches the renewables sector.
- It may take 9 months for factories to be on track provided virus spread contained quickly: IndustryIndustry also said the coronavirus pandemic has made the global economic recovery extremely difficult in the near-to-medium term, and India...
- BMW to shut down European factories over virusGerman carmaker BMW said Wednesday it would close European and South African factories accounting for half its output for a month, matching...
- Covid-19 impact: Opportunity to boost international supply chains, says India IncR Mukundan, managing director of Tata Chemicals, said companies should analyse their international competitors’ supply chains and see what ...
- Factory activity growth slows in February, PMI at 54.5; coronavirus outbreak hits business sentimentAt 54.5 in February, the headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) held close to January...
- China stocks rebound as dismal data fuels stimulus hopesThe blue-chip CSI300 index rallied 3.3 per cent, its best since last May.
- As China sneezes, India Inc catches cold: Companies that may take a hitMany domestic players have of late cleared the air on their dependence on China.
- Coronavirus: Stocks that took a hit in India and those who smiledIndia Inc has started citing the epidemic in their quarterly earnings of late.
- Coronavirus slows China's Belt and Road pushChina's top regulator of state-run cos said that virus has caused "difficulties" on some overseas projects.
- Coronavirus outbreak in China disrupting global tech sector: S&PThe coronavirus outbreak in China is disrupting the global technology sector as operations in the world's largest tech manufacturing hub ar...
- Smartphone industry feels impact of supply disruption due to coronavirus outbreak in ChinaIndustry watchers admitted that the situation on the ground is bad, as the supply lines for smartphones predominantly come from China. At t...
- Delay in Chinese supplies to see 30% drop in productionMost Chinese factories had set Monday as their reopening day after an extended Chinese New Year holiday due to the deadly coronavirus outbr...
- China blocks Foxconn plan to restart factories over virus worries - NikkeiPublic health experts carried out inspections at Foxconn's factories in Shenzhen and told the company that its factories had a "high risk o...
- Coronavirus claims world's biggest capacity car plantHyundai is not the only corporate casualty: Kia will suspend three plants for a day on Monday, the South Korean unit of French automaker Re...
- Coronavirus has RBI worried; Das says India needs contingency planMPC in a statement said the virus may impact tourist arrivals in India and global trade.
- Coronavirus: Appliance makers may discuss impact on industry"We are having an industry meeting on February 6 and we may discuss this and take it forward," said CEAMA President Kamal Nandi. Nandi, who...
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