Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros ($2.22 billion) in savings over the next three years.
The coronavirus pandemic is leaving migrant workers unable to send money or goods home to families, cutting off a vital lifeline for communities already under siege from a barrage of external shocks.
China's decision to introduce a national security law for Hong Kong has to do with Beijing's desire to show its sovereign might, a former CIA China analysts says.
China approved a proposal to draft national security legislation that critics say will infringe on Hong Kong's freedom and autonomy, and grant the central government in China broad powers to crush dissent.
The coronavirus has infected more than 5.8 million people around the world, killing at least 360,437, according to data compiled by Johns Hopkins University.
China on Thursday approved a controversial proposal to impose a security law for Hong Kong, reigniting concerns over the financial hub's diminishing freedoms.
Cherie Blair, founder of The Cherie Blair Foundation for Women and wife of former U.K. Prime Minister Tony Blair, has told CNBC that Britain may have responded "too little, too late" to the coronavirus crisis.
Brookfield, which pulled out of the first bidding round and was not on the initial shortlist of four, submitted a proposal on Friday, a source with knowledge of the matter said on condition of anonymity.
InTime's focus on livestreaming and its e-commerce app has pushed 20% of sales this year to come from online versus a "single digit" portion in 2019, CEO Chen Xiaodong said.
Many countries are releasing GDP data for the first three months of the year — when the coronavirus started to spread globally, but that data may not be as accurate.