Coronavirus: companies count the cost amid threat to Europe`s car production
(The Guardian Germany)

Airline, broadcaster and drinks group also among affected firmsCoronavirus - latest updatesCoronavirus 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. Related: Will coronavirus trigger a global recession? | Jeffrey Frankel The World Health Organization is recommending that people take simple precautions to reduce exposure to and transmission of the Wuhan coronavirus, for which there is no specific cure or vaccine. Related: FTSE 100 tumbles below 7,000 points as Diageo warns of £200m coronavirus hit - business live Continue reading...