Covid-19 Forces European Corporate Rethink

摘要

European producers and services firms are being forced to rethink their corporate strategies and procedures until global markets sufficiently recover from the impact of the coronavirus pandemic, now threatening the global economy. Services giant TechnipFMC confirmed on Monday that it would no longer seek to demerge the company by spinning it off into two separate firms. It said the market environment was not “currently conducive,” highlighting the collapse in commodity prices and volatility in global equity markets.