By Tina Bellon and Munsif Vengattil (Reuters) – Uber Technologies Inc <UBER.N> on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than $1 billion this year. Uber shares were up 5% […]
(Reuters) – Toyota Motor Corp’s <7203.T> North American unit said on Friday it would produce face shields, ventilators and respirators, as the death toll from the coronavirus exceeds 1,200 in the United States. The automaker said it would begin mass production of 3-D printed face shields early next week, and was currently looking for partners […]
PARIS (Reuters) – The impact of the coronavirus outbreak is making economic forecasting highly uncertain, though the global economy is probably in contraction, OECD chief Angel Gurria said on Thursday. “Given the unprecedented events that are unfolding, it is too early to be confident in setting out new projections for economic growth,” Gurria said in […]
