Offstream
news

Toyota reduces its production quota for next month by 40% due to the resurgence of COVID-19 in Asia severely impacting the company's supply chains, especially those involved in chip production. Up to this point, the company was one of the only major car manufacturers to avoid scaling back production during the pandemic. Volkswagen warns that it might also have to reduce its production quotas for similar reasons.
2021-08-19

Belgium's Consultative Committee announces that it will tighten its restrictions on social contacts by banning fans from sporting events, closing amusement parks, and imposing a limit of 200 people allowed in theatres, concert halls, and cinemas. The measures take effect immediately and will last for four weeks until November 19, in order to prevent the spread of COVID-19 threatening to overwhelm hospitals.
2020-10-23

Airbnb bans house parties and limits almost all listed venues to 16 people as it tries to comply with gathering restrictions.
2020-08-20

The Indonesian economy contracts 5.32% in second quarter of 2020, amidst the COVID-19 pandemic. It is the worst economic contraction in the country since the first quarter of 1999.
2020-08-5

The Spanish economy suffers a historically large fall in the second quarter of 18.5% of GDP and enters in recession, making Spain the Eurozone country most economically devastated by the pandemic.
2020-07-31

Ford Motor Company extends the suspension of vehicle and engine production at most of its manufacturing sites in Europe to May 4 due to the COVID-19 pandemic.
2020-04-3

The United States moves Tax Day from April 15 to July 15 due to the spread of the coronavirus.
2020-03-20

British textile design company Laura Ashley plc collapses into administration, saying the coronavirus has had a "significant impact on trading".
2020-03-17