LONDON (Reuters) – Nissan has stopped output at Britain’s biggest car factory due to the impact from coronavirus as it assesses supply-chain disruption and the drop in demand, the most significant closure to affect the country’s autos sector so far from the outbreak. Vauxhall’s Ellesmere Port car factory in northern England is also due to […]
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell – one of the key architects of the unprecedented effort underway to shield the U.S. economy from the coronavirus outbreak – may shed more light on the Fed’s assessment of the still-unfolding crisis in a live webcast on Thursday morning. Hosted by the Brookings […]
PARIS (Reuters) – French car marker Renault <RENA.PA> said has hired former PSA <PEUP.PA> research and development chief Gilles Le Borgne as head of engineering. Le Borgne will be a member of Renault’s executive committee and will report to interim CEO Clotilde Delbos. The appointment is effective immediately, Renault said. Le Borgne left PSA, maker […]
