Tuesday, April 28, 2020

COVID-19 impact | Auto companies rush to raise capital amid financial crunch

COVID-19 impact | Auto companies rush to raise capital amid financial crunch The companies have been forced to dig into their cash reserves to pay salaries, settle vendor bills and dealer payments and interest on loans.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/covid-19-impact-|-auto-companies-rush-to-raise-capital-amid-financial-crunch_13719481.html

No comments:

Post a Comment

Global Market Today: Asian shares surge, oil skids on Gulf deal

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. ...