On Friday, the Treasury Secretary of the United States Steven Mnuchin stated that the government is considering buying stakes in US energy companies.
Air France-KLM announced on Friday that it would receive seven billion Euros in government aid.
On Saturday, large companies announced that they would not pay back the funds acquired by taking advantage of loopholes of the US small business loan program.
Data published by Airbnb revealed on Saturday that bookings of living space have doubled in China in April, compared to March.
It was revealed by British insurers on Saturday that they would pay out nearly 1.2 billion GBP in coronavirus associated claims.
On Saturday, the Finance Minister of Russia Anton Siluanov stated that the government would need to borrow $13.44 billion to cover a non-oil and gas revenue fall.
Germany's carmaker Volkswagen is planning to extend a suspension of its operations at the Puebla production plant located in Mexico until May 18 amid the coronavirus pandemic.
Nestle is expecting 2020 a busier year for merger and acquisition deals, as the Swiss food giant seeks expansion of its business, its CEO Mark Schneider stated.
American Express is set to cut its spending by about $3.0B this year after the quarterly profit plunged 76% as the credit card issuer set aside money to to survive the coronavirus-hit economy.
The Central Bank of Philippines stated on Saturday that the outbreak of coronavirus likely to result in negative growth rate of the country's economy.
The Russian Finance Minister Anton Siluanov stated on Saturday that the govenment must borrow $13.4B to cover losses in non-energy sector.
The Foreign Minister of Italy Luigi Di Maio called on Saturday to be pragmatic when deciding how to use the European Stability Mechanism (ESM).
Institutional Shareholder Services and Glass Lewis, two proxy advisers, issued a recommendation for shareholders to vote against the key members of the Boeing board.
The Finance Minister of Greece Christos Staikouras stated on Saturday that the country's economy is expected to decrease 5-10% this year amid the coronavirus outbreak.
On Friday, Verizon Communications has withdrawn its revenue forecast for 2020 as the company lost 68k phone subscribers in the first quarter due to the COVID-19 outbreak lockdowns.
On Friday, global equity markets struggled as some states in the US began reopening. Safe-haven bonds edged higher, MSCI's Index slipped by 0.3%, while the US Dollar declined.
The US Senator Marco Rubio announced on Friday that Small Business Admininstration was set to launch additional financial assistance related to the coronavirus for small businesses starting next Monday.
Intel Corp expects its Q2 earnings to miss Wall Street's estimates as the computer chipmaker withdrew its full-year forecast due to the economic uncertainty triggered by the coronavirus crisis.
On Friday, Verizon Communications has withdrawn its 2020 revenue outlook as the company lost 68K paying subscribers in the Q1 due to lockdowns caused by the coronavirus outbreak that forced Verizon to shut down 70% of its physical stores.
On Friday, American Express reported a 76% plunge in its quarterly profit, as the credit card issuer set aside $1.7B to prepare for potential non-payments amid the coronavirus-related mass layoffs.
Singapore Telecommunications announced on Friday its subsidiaries had secured about $3.0B in bank credit facilities, with the funds to be used for the company's refinancing and general purposes.
Nestle, the Swiss food giant, reported on Friday its quarterly sales growth hit its record-high of 4.3% rise in about five years due to consumers stockpiling Nestle's food amid the coronavirus lockdowns.
On Friday, Heiko Maas, the German Foreign Minister, stated that the COVID-19 crisis would not ease the Brexit negotiations, with Berlin planning to use the EU presidency in the year's 2H to ensure a "good result" for both sides.
The US electric car maker Tesla reported an increase in prices for its China-made model 3 vehicles after the Chinese government had cut subsidies for EVs by 10% in 2020, effective April 23.