LOCAL rubber glove makers are estimated to chart strong improvement in their financial performance for financial year 2019 (FY19) and FY20, underpinned by higher demand for rubber products and resolved labour issues.

Kochi: India’s tyre industry is worried over the continuing shortage of natural rubber in the market at a time when the automobile sector is showing signs of revival. “Despite Rubber Board data showing higher production this year, the flow of rubber into the market has not been steady,’’ said Ashish Pandey, VP-materials at J K Tyres.

TOKYO (Reuters) - Asian shares fell and Wall Street retreated from record highs on Tuesday after Apple Inc (AAPL.O) said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand in China.

SINGAPORE (Reuters) - Oil prices slipped on Tuesday on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking losses in financial markets.

TOKYO (Reuters) - The euro was on the back foot on Monday, as concerns mounted about weakening economic growth in Europe at a time financial markets and policymakers fret about a new threat to the global economy from a fast spreading coronavirus in China.

SHANGHAI, Feb 14 (Reuters) - China’s auto market, the world’s largest, is likely to see sales slide more than 10% in the first half of the year due to the coronavirus epidemic, the country’s top auto industry body told Reuters on Friday.