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.

Other

How technology is tackling virus-induced isolation in Norway

Widower Per Leif Rolid lives alone on his farm, a two-hour drive from Oslo. His sense of isolation has mounted with the COVID-19 pandemic, but a simple screen is helping him stay in touch—without requiring any computer ...

Business

Airbus cuts production by one third due to pandemic

European aircraft manufacturer Airbus on Wednesday said it had cut production of its planes by around a third, as global airlines scale back their plans in an unprecedented crisis for the industry.

Business

German plexiglass firm churns out virus shields

Touted as a simple but effective shield against coronavirus infections, transparent screens have sprung up at supermarket tills and pharmacies across Germany. For plexiglass manufacturer Claus Mueller, business has never ...

Automotive

Coronavirus calls into question PSA-Fiat Chrysler merger

Will they or won't they? On top of massive economic damage, the coronavirus pandemic now is casting doubt over the pending merger of PSA Group and Fiat Chrysler (FCA), financial sources told AFP.

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