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Business fallout: Nissan factories to shut in Africa, India

Business fallout: Nissan factories to shut in Africa, India

KAAL-TV
Created: March 25, 2020 05:19 AM

(Associated Press) - Japanese automaker Nissan Motor Co. says it will close factories in Africa, the Middle East and India, heeding the advice of governments and safeguarding its staff and the public.

Companies in China say they expect delays in resuming normal business to last through the second half of this year as Beijing tries to revive its economy after declaring victory over the coronavirus.

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Olympics broadcaster NBC Universal faces the loss of ad-related profits after the Tokyo Games were postponed to next year as other governments tighten travel controls and cancel public activities.

Canada's second-largest airline says almost half its workforce is leaving. Hotels and home-sharing companies are offering free or discounted rooms to medical workers around the world. 

(Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.)
 


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