MILAN, Italy — Pirelli & C. S.p.A. reported COVID pandemic-related double-digit drops in sales and earnings in the quarter ended March 31 as the company's production underwent "significant discontinuities" during the period.
SEOUL, South Korea — Hankook Tire & Technology Co. Ltd.'s board of directors has authorized a plan to buy back up to $43 million of the company's stock and boost the stock dividend in an effort to enhance shareholder value.
NEW YORK — Automotive suppliers and manufacturers are among the industries most likely to feel the economic impact from the coronavirus outbreak, according to a new report from Moody's Investor Services.
HANOVER, Germany — Continental A.G. is postponing its 2020 annual shareholders' meeting originally planned for April 30 in the wake of Lower Saxony's decision to ban large events in response to the Covid-19 pandemic.
KUALA LUMPUR — The growth in demand for and production of natural rubber is slipping, prompting the the Association of Natural Rubber Producing Countries to revise downward its 2020 global outlook for natural rubber.