Crunch time for autos

The global autos industry is in crisis. Demand for new cars has collapsed as consumers shy away from major purchases in the current recession, forcing up inventories of unsold vehicles. With little cash coming in and plenty still going out, carmakers have been forced to cut production and make widespread redundancies. In February alone, BMW, Bentley, Peugeot, Nissan, Ford, General Motors and Chrysler all announced job cuts at various plants. The first sales figures for 2009 made dismal reading

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Smarter trading in a fragmented world

FX Week recently hosted a webinar in partnership with Refinitiv to ask foreign exchange industry leaders to discuss geopolitical challenges, market changes and developments, and evolving technologies, and how they have shaped forex markets in Asia

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