Ford Motor Company announces that it will cease production at its plants in Camaçari and Taubaté in the coming months due to losses aggravated by the pandemic. Ford also plans to close its Troller plant in Belo Horizonte in the fourth quarter of 2021. 2021-01-11
Japanese economy grew at annualized rate of 21.4% in July-September quarter after two consecutive quarters of contraction due to the pandemic, driven by rise of private spending and exports. 2020-11-17
The United Kingdom's economy officially enters recession for the first time since 2009, according to Chancellor Rishi Sunak. 2020-08-12
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 U.S. Treasury Department says it will ask Congress for $500 billion in direct payouts for taxpayers in order to combat the economic effects of the coronavirus pandemic. Under the current proposal, the payouts will consist of two tiered payments, with the amounts of each based on income level and family size. 2020-03-18
The Italian government announces it will take over the flag carrier Alitalia as part of its emergency response to the coronavirus pandemic. 2020-03-17
The Dow Jones Industrial Average rebounds 1,294 points to end its seven day decline. 2020-03-2