BMW reports first-quarter profit rise as coronavirus saps demand

FRANKFURT (Reuters) - BMW AG on Wednesday reported a 133% rise in first-quarter profit, due to the absence of a one-off provision in the year-earlier period, but said the impact of the coronavirus could erode demand and profit. Earnings before interest and taxes rose to 1.38 billion euros ($1.50 billion). That compared with 589 million euros in the same period a year earlier, when the result was...