By Brenda Goh SHANGHAI (Reuters) – Most U.S. firms in China currently have no plans to relocate production to other parts of the country or abroad due to the coronavirus, but there is less certainty about the long term due to growing worries over U.S.-China decoupling, a survey showed. Concerns over logistics challenges now outweigh […]
By Susan Mathew and Medha Singh (Reuters) – Banco Santander and Safran ensured European shares ended higher on Wednesday, even as investors weighed the potential impact of the fast-spreading coronavirus and an economist’s prediction on the world No. 2 economy further dampened sentiment. Spain’s IBEX <.IBEX> led regional bourses, lifted by a 4.4% rise in […]
By Marton Dunai BUDAPEST (Reuters) – Hungary will expand its government-subsidized scheme for shorter working hours to help firms weather the economic downturn caused by the coronavirus pandemic after business leaders complained the measures were too narrow in scope, a minister said. On April 6, the government announced a stimulus package amounting to 18%-20% of […]
