Carmaker says it has two weeks’ supply left as Apple cuts billions of dollars off sales forecast and big firms warn of fallout
Jaguar Land Rover has warned it could run out of car parts at its British factories at the end of next week, as the coronavirus halts supplies from China.
Britain’s biggest carmaker added its voice to a chorus of companies counting the cost of the outbreak, as the epidemic weighs heavily on international business and trade.
HSBC said it expected its sizeable Asian operations to take a financial hit in 2020
The world’s largest miner, BHP, said global demand could slow
South Korea proposed emergency steps to protect its economy
Wall’s and Richmond sausages company Kerry Group warned on revenues
The UK accounting watchdog told UK firms to assess the impact of the virus on their business
Energy services group Tekmar slashed its profit forecasts.
What is Covid-19 – the illness that started in Wuhan?
Link : UK car factories running out of parts due to coronavirus, warns Jaguar