Ford burns up billions of dollars in 1Q, posts $2B net loss

The coronavirus crisis is forcing Ford Motor Co. to burn through cash at an alarming rate, but its chief financial officer says there's enough money to make it through the year —even if U.S. factories aren't restarted.

Business

GM suspends dividend to save cash

General Motors announced Monday that it will suspend its dividend and halt share repurchases as it conserves cash amid a broad economic slowdown expected to weigh on auto purchases.

Business

Airbus cancels 2019 dividend, 2020 forecasts due to coronavirus

European aviation giant Airbus said Monday it would cancel the planned dividend payment for 2019 and also abandon its earnings forecasts for the current year because of the economic uncertainty sparked by the coronavirus ...

Energy & Green Tech

Renewable and nonrenewable energy in Myanmar's economic growth

The Republic of the Union of Myanmar is located in the western part of the Indochinese Peninsula and has a number of peculiar economic features. Green energy accounts for a considerable share of the country's energy balance. ...

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