Article 4ZWN1 Coronavirus: companies count the cost amid threat to Europe's car production

Coronavirus: companies count the cost amid threat to Europe's car production

by
Mark Sweney and Jasper Jolly
from on (#4ZWN1)

Airline, broadcaster and drinks group also among affected firms

Coronavirus shocks have rippled through the corporate world after a large airline imposed a hiring freeze, the world's biggest whisky maker warned on profits and a factory shutdown in Italy threatened car production across Europe.

The German carrier Lufthansa has halted recruitment and is offering employees unpaid leave as part of cost-saving measures to limit the financial impact of the spread of the coronavirus.

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