From Jaguar to Macy"s, global gloom spreads across industries

Renewed concerns about a global economic slowdown continued to sap investor appetite for assets considered risky, dragging global stocks and bond yields lower on Wednesday, while the U.S. dollar held near three-week highs......»»

The global chip supply shortage has snowballed into a major problem for companies, cutting .....»»

The global Covid-19 pandemic changed the landscape of most industries. One of the hardest hit was the restaurant industry. It experienced extensive setbacks requiring significant innovation, quick improvising, and a 180-degree pivot in the way they ope.....»»

The semiconductor market saw strong growth in 2020 as the industry marked its third year in the last four of double-digit expansion, despite turmoil from the coronavirus that disrupted many global industries, according to Omdia......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The ongoing computer chip shortage is impacting the automotive industry, the consumer electronics industry, and everything in between. The new iPhone 12 and iPhone 12 Pro. Ma.....»»

Shares of Hexcel Corp. fell 0.8% in afternoon trading Friday, after the credit of the maker of materials used for commercial aerospace and space and defense industries was downgrad.....»»

Part of England has been forced into a strict lockdown right before the holidays, casting a gl.....»»

Global sales of luxury goods are expected to slump by 50% to 60% in the second quarter even as some countries begin to ease coronavirus lockdowns and despite signs of recovery in the Chinese market, consultancy Bain said on Thursday......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Lev FedoseyevbackslashTASS via Getty Images Russia reported a record number of new coronavirus cases for the fourth consecutive day Sunday, as the virus rapidly spreads in the country, which is fast becoming one of the global epicent.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Jaguar Land Rover IBIS estimates that the global auto industry generates $4 trillion in annual revenue. The industry employs almost 5.7 million people. From dealerships to automakers .....»»

Guru stock highlightCheck out First Eagle Investment Stock Picks » Download GuruFolio Report of First Eagle Investment (Updated on 04/28/2020)Related Stocks: PPG,.....»»

Pittsburgh-based PPG Industries Inc. (NYSE: PPG) is the latest local company to report a drop in Q1 sales due to the ongoing Covid-19 global pandemic. PPG reported net sales of $3.4 billion in the first quarter of 2020, down 7% from the first quarter 2.....»»

Asian share markets were on the defensive on Wednesday as the floor fell out from under crude prices, sparking worries about further turmoil in the energy sector, already reeling from the heavy blow from global shutdowns......»»

As the global economy has come to a halt, a select few industries have actually benefited from the global quarantines and stay-at-home orders.  read more.....»»

Stocks slumped, while Treasuries surged as bleak retail, manufacturing and homebuilding data from the world’s largest economy added to concern over a severe global recession. The S&P 500 Index sank... To view the full story, click the title link......»»

As COVID-19 turns the global economy upside down, many corporations are rethinking their tech spending for the year, but International Business Machines Corp. doesn’t seem to be changing its plans......»»

As the coronavirus spreads and stay-at-home orders cut deeply into the economy, buyout firms are scrambling to triage investments in industries that are particularly vulnerable......»»