On Friday, Procter & Gamble Co reported its quarterly sales surged nearly 5% amid consumer stockpiling of diapers, detergents, toilet rolls, etc. due to global lockdowns caused by the coronavirus spread.
European Central Bank's policymaker Jens Weidmann stated on Friday that it is too early to measure ECB's measures in the fight against the coronavirus.
On Friday, for the first time in three decades, the GDP of China decreased by 6.8% on a year on year basis.
Pony.ai, the self-driving company backed by Toyota, will launch autonomous delivery service in California due to a rising demand for orders made online, caused by the coronavirus lockdown.
Delivery service DHL is struggling from a sharp surge in parcel volume from online purchases amid the COVID-19 pandemic, forcing the company to cut back its extra collections in Germany, Deutsch Post reported.
Apple is set to reopen its South Korean sole retail store on April 18, its first move to return to offline business after shutting down its stores last month amid the coronavirus outbreak.
Nokia declined to comment on a report made by media saying the company has hired an investment bank as it seeks to defend itself from a potential hostile takeover, sending its shares up 12.5%.
Boeing Co is planning to resume the production of its commercial airplanes starting next week after the planemaker suspended its operations last month due to the coronavirus outbreak.
Apollo Global Management, the private equity firm, has registered the cloud company Rackspace Holding for IPO that could potentially value it at over $10B, including debt, according to Reuters.
DHL was struggling to cope with flood of packages from online purchases amid the COVID-19 crisis, forcing the company to cut back additional collections from retailers in Germany.
Swiss supervisor FINMA received an application from cryptocurrency project Libra for payment system licence, after the watchdog announced a revamp of payments system.
Verizon Communications Inc announced that it agreed to buy video-conferencing firm BlueJeans Network, a competitor of Zoom, for less than $500M.
Ford Motor stated that its vehicle sales in China declined 34.9% year-on-year to 88.7K units in the Q1, as the COVID-19 epidemic affected demand in the country's auto market.
The HKRMA stated that about 1/4 of retail stores in Hong Kong were expected to close by 2020 end despite new government measures against the fallout from the COVID-19 pandemic.
Canada's factory sales grew unexpectedly 0.5% in February, after five months of decreases, even as the COVID-19 outbreak and rail blockades affected supply chains.
Canada trimmed 177,300 job positions in March, including cuts in trade, leisure and hospitality, as well as transportation and utilities, amid the coronavirus crisis that hurt the global economy, according to ADP's report published on Thursday.
Abbott Laboratories reported on Thursday its quarterly profit dropped as much as 16% to $564M due to its annual forecasts suspension and a tax expense caused by the coronavirus crisis.
On Thursday, Morgan Stanley reported a 32% plunge in its quarterly profit as the financial holding company's businesses were hit by the economic fallout amid the COVID-19 pandemic.
Uber Eats is expecting a 59% surge in orders for its March grocery delivery across Europe, compared with the prior month's reading, as EU countries had locked down to battle the coronavirus.
On Thursday, the People's Bank of China stated that it would cut the bank's reserve requirement ratios.
Lyft has launched its on-demand meal, grocery and medical supplies service in some of the US city, as many Americans are staying at their houses amid the coronavirus outbreak.
Xilinx Inc, the US semiconductor firm, has become Samsung Electronics' new chip supplier for its 5G networking equipment after winning the deal, the financial terms of which are not disclosed.
The US President Donald Trump is set to announce new guidelines on reopening the US economy during the news conference later on Thursday, after the country passed its peak on new registered coronavirus infections.
Alphabet's Google CEO Sundar Pichai stated the tech giant would slow down the pace of new staff hiring until the next year, a Bloomberg report showed on Thursday.