Thyssenkrupp faces deep quarterly loss due to coronavirus, shares tank
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FRANKFURT/DUESSELDORF, Germany (Reuters) - German conglomerate Thyssenkrupp warned on Tuesday that its operating loss could swell to 1 billion euros ($1.1 billion) in the April to June quarter due to the coronavirus crisis.Shares in the struggling steel-to-submarines group fell as much as 13.5% on the news, which highlighted a rapid deterioration of most of its business lines as carmakers and other industries have come to a standstill.The group, whose operations range from making car parts to..