Coronavirus Lockdown News
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Oil Prices Extend Gains On COVID-19 Vaccine Hopes, OPEC+
Oil prices extended gains on Monday as traders eyed a recovery in crude demand thanks to successful coronavirus vaccine trials, although prices were contained by renewed lockdowns in several countries.
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California's New Coronavirus Curfew Does Not Apply To Tesla Workers
Nov 21, 2020 06:09 PM
Asked whether the order applied to workers at Tesla's Fremont factory, the California Department of Public Health in a statement said it did not apply to employees deemed essential workers, with manufacturing listed as an essential workforce.
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Japan's Long Run Of Falling Exports Slows As Auto Demand Perks Up
Nov 18, 2020 09:32 PM
Japan's exports extended declines in October but at the slowest pace in almost two years, helped by improvement in Chinese- and U.S.-demand for cars and other items as the world's third-largest economy emerged from its worst postwar slump.
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Nissan Plots Digital Course For Car Sales In A Post-Pandemic World
Nov 9, 2020 05:21 PM
As COVID-19 threw a wrench into the cogs of car retailing, a senior Nissan board member challenged the chief operating officer to explain what the automaker was doing to adapt to a new era where customers may be reluctant to roam showrooms.
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Toyota More Than Doubles Profit Outlook As China Sales Rebound From Pandemic
Nov 6, 2020 11:36 PM
Toyota Motor Corp more than doubled its full-year operating profit forecast on Friday, as vehicle sales rebound in China from a coronavirus pandemic squeeze earlier this year that contributed to a 24% slide in second-quarter earnings.
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Honda Doubles Profit Forecast, Boosted By China Rebound
Nov 6, 2020 06:30 PM
Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.
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Suzuki Expects Annual Profit To Shrink By A Quarter As India Sales Slump
Nov 6, 2020 04:45 AM
Suzuki Motor Corp on Thursday forecast operating profit to fall by a quarter to 160 billion yen ($1.5 billion) in the year to March as sales, including in its key Indian market, shrink amid the coronavirus pandemic.
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Oil Prices Slip 3% As Europe Widens Lockdowns
Nov 2, 2020 04:11 PM
Oil prices fell more than 3% on Monday on worries a swathe of coronavirus lockdowns across Europe will weaken fuel demand, while traders braced for turbulence during the U.S. presidential election week.
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India's October Petrol, Diesel Sales Exceed Pre-Coronavirus Levels
Nov 2, 2020 03:58 PM
India's diesel consumption in October rose 6.6% from a year earlier, the first such increase since COVID-19 restrictions were imposed in late March, preliminary data showed on Sunday, signalling a pick-up in industrial activity.
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