Travis Perkins, the UK largest building materials group, is set to slash around 2.5K jobs or 9% of workforce, warning that recession caused by the crisis will hit demand.
Facebook's WhatsApp messaging service implemented a system in Brazil, which will allow to send money to local businesses or individuals within chat.
India's Tata Motors is set to to shed about 1.1K temporary jobs at Jaguar Land Rover after it increased the cost-cutting target at the unit by $1.26B.
The Federal Reserve has launched registration for lenders that are eager to participate in the Main Street Lending Programme, which is designed for companies that need financing to retain their fund operations and employees after the pandemic hit.
Tesla's Chinese car registrations, including imported vehicles, surged as much as 150% to 11,565 units month-on-month in May, compared to April's reading of 4,633 cars, according to LMC Automotive data.
Nokia, Finland's telecom equipment maker, is set to supply 10% of China Unicom's 5G core network, according to its CEO Rajeev Suri.
On Monday, the Shanghai government has granted its approval to Delta Air Lines to resume its flights starting from June 18, setting the stage for the airline to revive services to China after lockdowns.
On Monday, Walmart stated it was partnering with the e-commerce company Shopify, aiming to expand the online marketplace business, as well as cash in on a surge in online shopping driven by the coronavirus lockdowns.
The number of electric vehicle charging points accessible for public surged as much as 60% in 2019, marking the biggest rise in the last three years, according to the IEA.
American Airlines Group is expecting to halt its cash burn by 2020-end due to travel demand improvement and cost-cutting measures, sending its shares up 18% to $17.06.
During Monday's European trading hours, crude oil price benchmarks declined, as fears of a new coronavirus wave signalled of a lower demand.
Britain's EasyJet has resumed a few of its domestic flights on Monday after they were halted on March 30 due to the coronavirus pandemic, with the passengers observing all the COVID-19 measurements.
On Monday, the e-learning firm Skillsoft Corp announced it had filed for the Chapter 11 bankruptcy aiming to reduce its debt worth around $2B, adding it had also agreed with its lenders on restructuring agreement to cut the debt to $410M.
Volkswagen AG's Mexican arm is set to start sending its workers back to the Puebla plant on Tuesday, aiming to prepare and train eyeing a gradual launch of operations further ahead.
On Monday, Unilever Plc announced a €1B investment in the climate change projects, claiming reduction to the net zero greenhouse gas emissions by 2039.
The Spanish government plans a €3.7B financial package for its auto industry, Spain's Prime Minister Pedro Sanchez announced on Sunday.
Britain's Chancellor of the Exchequer Rishi Sunak stated on Sunday that the UK government could make changes to a 14-day quarantine for travellers coming to the country.
Drugmaker AstraZeneca has agreed to supply 400 million doses of coronavirus vaccine to Europe's Inclusive Vaccines Alliance.
The Spanish Prime Minister Pedro Sanchez announced on Sunday that Spain would open its borders for the Schengen zone countries on June 21.
World trade is expected to decline sharply in 2020 amid the coronavirus pandemic, a statement published by the World Trade Organization shows.
The Russian Foreign Minister Sergey Lavrov and the Defence Minister Sergey Shoygu visit Turkey to hold talks on the regional issues.
The Palestinian Authority asked the Arab states for a $100M monthly loan to help overcome its financial crisis, a senior Palestinian official says.
Commercial vehicle sales in China increased to 520T in May, an increase of 48% compared to the same period the prior year, the China Association of Automobile Manufacturers reports.
The PBOC and the China Banking and Insurance Regulatory Commission gave a green light to the American Express to conduct payment card clearing operations.