(Reuters) – Credit ratings agency Moody’s Investor Service on Wednesday cut its 2020 outlook for global auto sales, with China taking the biggest hit as the coronavirus outbreak worsens. The agency said https://www.moodys.com/research/Moodys-Global-automakers-sales-forecast-slashed-as-coronavirus-impact-deepens–PBC_1216174?amp;WT.mc_id=AM~UmV1dGVyc05ld3NfQU1QU19OWTZfU0JfTlJfQ1ZfUmF0aW5nX05ld3NfQWxs~20200226_PBC_1216174 it expects global auto sales to fall 2.5% in 2020, more than its previous estimate of about 0.9% drop. Moody’s retained a […]
By JUSTIN SPIKE BEREGSURANY, Hungary (AP) — The mass exodus of refugees from Ukraine to the eastern edge of the European Union showed no signs of stopping Monday, with the U.N. estimating that more than 500,000 people have already escaped Russia’s burgeoning war against Ukraine. Long lines of cars and buses were backed up at […]
WASHINGTON (Reuters) – President Donald Trump is prepared to use the Defense Production Act but industry has been stepping forward, U.S. Vice President Mike Pence said on Fox News on Tuesday. He also said that the White House coronavirus task force has not discussed a nationwide lockdown, as has been done in other countries to […]
