On Monday, the head of DoubleLine Capital Jeffrey Gundlach revealed that his firm expects another US stock low level.
It was revealed by Reuters on Monday that US banks have grabbed up nearly $310 billion of aid that was released by the US small-business loan program.
On Monday, Amazon announced that it would keep its French warehouses closed until May 5th.
During Monday's US trading hours, global and US stock indices surged, as better than expected earnings were reported.
Poland's airline LOT was in negotiations with Boeing to convert 787 Dreamliner jets into cargo carriers, aiming to narrow losses from the crisis.
Russia is set to cut its May oil output by 19% to 8.5M bpd from the level of 10.4M bpd in February-March, Interfax reported, citing Lukoil.
BP stated that it revised some financial terms of the $5.6B sale of the company's Alaska business to Hilcorp, as the drop in oil prices is likely to result in lower cash boost.
Microsoft Corp announced that it won a deal with Coca-Cola to provide business software for five years, including tools for customer service agents.
The number of people filling jobless claims in France grew record 7.1% in March, the country's Labour Ministry stated.
Nissan Motor is set to slash production plans in Japan 70% in May and 43% in June due to the impact of the coronavirus on the automaker.
Quarantines and lockdowns of the US power plants caused by the coronavirus outbreak are threatening to hit a General Electric's revenue, on which the company was counting to help increase profits.
Apple Inc is planning to delay its 2020 mass production of the flagship iPhones by a month due to the coronavirus outbreak's hit on the global consumer demand and manufacturing disruptions across Asia, according to the Wall Street Journal.
The US economy faces a historic shock with a potential 16% of unemployment rate this month caused by the coronavirus outbreak, requiring more stimulus to ensure robust rebound, White House stated.
On Monday, shares in Lufthansa and Air France-KLM rose as much as 7% and 3.5% respectively on hopes that the government bailouts would help them get through the COVID-19 crisis.
Activist fund Cevian Capital has cut its stale in Swedish telecom equipment maker Ericsson to 7.4%, saying that holding of Cevian's portfolio became too large.
Adidas reported on Monday its profit tumbled 93% in the Q1, while sales plunged 19%, missing analysts' forecasts, as well as warned of significant hit to the company's revenue, sending the German sportswear maker's shares down 1.2%.
On Monday, Asia's shares bounced after the Bank of Japan had announced more stimulus actions, seeking to ease the economic impact from the coronavirus crisis.
The world's top carmaker Volkswagen announced on Monday it had resumed operations at its largest factory located in the German city of Wolfsburg, following weeks of shutdown due to the coronavirus outbreak.
On Monday, Starbucks stated it had entered strategic partnership with the investment company Sequoia Capital China, as both firms seek making strategic co-investments in the Chinese technology sector.
According to the National Association for Business Economics survey, most of the US businesses would be able to stay solvent for half a year without state aid.
The Bank of Japan (BoJ) increased on Monday monetary stimulus to support government spending and help corporate funding.
The German automaker Daimler AG saw a significant increase in demand in China. The company's senior manager said on Sunday.
Giuseppe Conte, the Italian Prime Minister, announced on Sunday that some businesses in Italy would reopen on May 4.
Volkswagen and other European car makers decided to resume car production starting from Monday amid the ease of quarantine measures in some European countries.