Fiat Chrysler’s only open Italian plant running at reduced capacity

Fiat Chrysler (MI:FCHA)(FCA) has resumed limited production at its Atessa facility in Italy, the automaker’s only open assembly plant, having halted operations at most of its European factories, a spokesman said on Tuesday. The company said on Monday that it was halting production for two weeks at most of its European plants to help to protect.

Energy & Precious Metals

How much worse could it get for oil? Crude prices took their cue from a nosediving stock market to lose up to 16% this week for the biggest weekly tumble since the Great Recession that began in 2008. That’s a known. But pundits looking at the carnage across markets from the coronavirus epidemic are warning.

Italy Is at Risk of Recession as Virus Threatens Fragile Growth

Italy risks missing its already unambitious growth targets for 2020 because of the coronavirus outbreak, according to a senior government official. “The impact of the coronavirus risks being significantly negative on the global economy and also on the Italian one,” Deputy Finance Minister Antonio Misiani, said in an interview in Rome Tuesday. “It becomes more.

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