Forex swap spreads, which increased, as banks and companies grappled for US Dollar funding, tightened on Friday after central banks around the world agreed to take coordinated action.
According to a report from the National Association of Realtors on Friday, existing US home sales, which make up about 90% of home sales in the United States, jumped to a 13-year high in February.
The Bank of England plans to purchase $16.6B of gilt-edged securities next week, as Britain's Central Bank attempts to limit the economic impact of the coronavirus outbreak.
According to the union and industrial sources, France's oldest Electricite de France EDF has tightened hygiene procedures at the nuclear power plants over the coronavirus concerns.
On Friday, Uber's spokesperson said that the company has suspended its taxi service in Saudi Arabia until further notice due to new measures announced by the Saudi Arabian Ministry of Interior.
On Friday, Lyft Inc asked drivers to sign up for LyftUp Driver Task Force, as traffic for ride-hailing service has plummeted due to the coronavirus outbreak in the United States.
On Friday, an Airbus spokesperson announced that the European planemaker is in regular discussions with the EU governments.
According to a report from the National Association of Realtors on Friday, existing US home sales, which make up about 90% of home sales in the United States, jumped to a 13-year high in February.
The Bank of England plans to purchase $16.6 billion of gilts next week, as the UK Central Bank attempts to limit the economic impact of the coronavirus pandemic.
According to the union and industrial sources, France's oldest Electricite de France EDF has tightened hygiene procedures at the nuclear power plants over the coronavirus concerns.
On Friday, Bank of America reported it had added 1,7K new staff in consumer bank in March 2020 on surging demand for customer service amid the coronavirus concerns.
Apple Inc is reducing the number of the online iPhone purchases in China, the United States and some other countries to two handsets per one person amid the global spread of coronavirus.
British Airways pilots are facing unpaid leave in April and May and pay deductions over three months, as the coronavirus outbreak hit the travel and other industries hard, Reuters reported.
Inditex is considering 25K temporary layoffs in Spain in case the state of emergency is extended after April 15, the clothing group announced on Friday, marking the worsening economic damage caused by the coronavirus outbreak.
Apple Inc is reducing the number of online iPhone purchases in the US, China and some other countries to two handsets per one person amid the global spread of coronavirus.
On Friday, Deutsche Bank stated that the coronavirus impact could affect the bank's ability to achieve its financial targets amid a major revamp that the fragile lender was undergoing after a years-long period of losses.
The truckmaker AB Volvo announced on Friday its plans to temporarily lay off 20K of its Swedish staff from the next week as the company plans to shut down its production system in Sweden.
Yuanfudao, the Tencent-backed online education platform, is nearing to finalise a new round of fundraising at around $7.5B valuation, Reuters reported on Friday.
On Friday, Britain's Marks & Spencer warned about the severe impact from the coronavirus outbreak, sending the retailer's shares down 5.3%, taking its losses for this year so far to 49%.
On Friday, YouTube announced it would cut its platform's streaming quality in the EU bloc to prevent possible internet gridlock as the majority of Europeans are working from home since the EU countries are being on quarantine.
LATAM Airlines Group is planning to reduce pay to its 43K staff by 50% for the following three months amid economic fallout caused by the coronavirus crisis.
Boeing Co is expecting to temporarily halt the production at its twin-aisle jetliner plants due to the coronavirus spread, following the similar move by its EU rival Airbus SE.
Tesla Inc is eager to suspend production at its vehicle plant in San Francisco Bay Area starting March 24 due to the raised concerns over the coronavirus outbreak.
Netflix is planning to cut the bit rates across its European streams, in effect trimming traffic on its EU networks by 25%, seeking to preserve the unhampered functioning of the internet amid the coronavirus crisis.