Cars at an assembly line of Maruti Suzuki in Manesar, near New Delhi. File/Agence France-Presse
Maruti Suzuki India Ltd Chairman R.C. Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled
Automobile manufacturer Maruti Suzuki India Limited (MSIL) on Saturday said it has entered into an arrangement with AgVa Healthcare to produce ventilators.
India’s biggest automaker Maruti Suzuki India and peers including Mahindra & Mahindra, Mercedes-Benz and Fiat Chrysler Automobiles (FCA) said on Sunday they will halt car production in the country due to the coronavirus outbreak.
Investor sentiment in Germany picked up more than expected in August, a ZEW survey showed on Tuesday, reflecting hopes that Europe’s biggest economy is on the road to recovery after the devastation caused by the coronavirus pandemic.
Spot gold fell 1.9% to $1,989.77 an ounce by 0952 GMT, retreating from last week's record high of $2,072.50. U.S. gold futures declined 1.8% to $2,003.10.
Market response to the US-China conflict has been limited, but analysts say the confrontations have longer-term implications. Euro/dollar was last neutral at $1.1736, having fallen to $1.1722 earlier, its weakest since Aug. 4.