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Kia Motors may make face masks at China factory to fight coronavirus
SEOUL (Reuters) – South Korea’s Kia Motors Corp <000270.KS> is considering making face masks at its Chinese factory to help battle the spread of the coronavirus, a spokesman said on Wednesday. The announcement follows a similar move by Fiat Chrysler <FCHA.MI>, whose CEO Mike Manley said earlier this week that one of the group’s plants […]
Pelosi says U.S. administration wants more funds for coronavirus relief: CNN
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said Treasury Secretary Steven Mnuchin called her to ask Congress for more money to help small businesses hobbled by the coronavirus pandemic, and said she agreed an existing program for small businesses “really needs money right away, because of the demand.” But, in an interview with CNN, […]
Malaysia widens fiscal deficit target after coronavirus stimulus measures
KUALA LUMPUR (Reuters) – Malaysia expects its fiscal deficit to widen to 4% of gross domestic product this year because of the $58 billion stimulus measures announced to counter the impact of the coronavirus pandemic on the economy, the country’s finance minister said. Malaysia has the highest number of coronavirus infections in Southeast Asia with […]