Automakers and suppliers will be allowed to resume production in Mexico as early as next week as long as safety protocols are implemented to protect workers from Covid-19, according to updated guidelines by the Mexican government.
TSMC's decision to build a new U.S. chip plant comes as President Donald Trump's administration continues to scrutinize the global technology supply chain upon which American firms rely on.
The Trump administration moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions with China.
German GDP (gross domestic product) shrank by 2.2% in the first quarter compared to the final three months of 2019, official statistics revealed Friday.
The number of cumulative confirmed infections in Russia rose to 262,843 after the country added 10,598 new cases over the last 24 hours, reported Reuters.
Nike is finally beginning to reopen stores in the U.S., but the company said Thursday it expects the coronavirus pandemic will still have a material impact on its business in North America, parts of Europe and Asia during its fiscal fourth quarter.
The credibility of the review was dealt a blow in December when a panel of five foreign experts quit from advisory roles to the watchdog because of doubts about its "independent investigative capability."
China's official, but highly doubted, urban unemployment rate rose to 6.0% in April, from 5.9% in March, according to figures released Friday by the National Bureau of Statistics.
Richemont is seeing strong demand in China but globally expects "headwinds in the months ahead" due to the new coronavirus, the owner of Cartier jewellery said on Friday.
Oil prices have been lifted this week by more signs that oil output is falling among OPEC and other major producers, and a gradual recovery in demand is underway.
Billionaire Peter Thiel bought a 193-hectare plot in Wanaka on the South Island of New Zealand half a decade ago, but he is yet to build anything on it.