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U.S. set to grant automakers a lifeline — but no bailout
By David Shepardson and Ben Klayman WASHINGTON/DETROIT (Reuters) – The $2 trillion economic rescue package before the U.S. Senate on Wednesday would send the federal government to the auto industry’s rescue for the second time in a dozen years. Automakers are fearful of being tagged as seeking a new government bailout so soon after the […]
Teen ‘killed by tiger’ in vicious attack as dad finds tracks leading to forest
A teenager is believed to have been killed by a tiger in a savage attack. Malta Akfarel, 16, was found dead in the PT Sawit Unisraya area of Indonesia’s Sungai Apit District on Monday, August 30. A trap has since been placed at a village near the conservation area to try and lure the big […]
BMW sees demand falling further after first quarter sales plunge due to coronavirus
BERLIN (Reuters) – BMW <BMWG.DE> is expecting a further decline in global demand as the coronavirus outbreak takes its toll, a spokesman said on Monday, after the German carmaker reported a 20.6% drop in first quarter sales to 477,111 vehicles. BMW said it had seen sales growth at the start of the year. Since then, […]