The major American airline endeavours to raise capital by offering shares and convertible bonds, the offering is expected as promptly as Sunday.
The International Monetary Fund declared the revised world economic outlook, due on June 24, to be gloomier than the previous outlook in April.
The largest German airline Lufthansa expects the massive A380 aircraft to remain out of service for 2 years as demand for long-distance flights stays low.
Transformations to the formation of the German Constitutional Court are likely to favour the ECB in regards to bond-buying as a means to aid the coronavirus-struck economies.
On Sunday, the Indian government gave permission to Hetero Labs to create Gilead Science's experemental drug against coronavirus.
The African Green Resources and the US African Fertiliser and Agribusiness Partnership formed a $40M joint venture to increase crop yields in Zambia.
The Economy Minister of Germany is expected to meet Lufthansa's biggest shareholder, Heinz Hermann Thiele, to discuss $10.1B bailout of the company.
On Sunday, Spain had officially reopened its borders for visitors from most of the European countries, thus ending state of emergency.
The Republican National Committee and the country's President Donald Trump managed to raise $74M for election campaign in May.
According to the Mainichi Shimbun, the Japanese Prime Minister Shinzo Abe's endorsment increased from 27% to 36% despite a scandal with ex-Minister of Justice.
The Central Bank of Philippines stated on Saturday that none of the missing $2.1B have entered the country's financial system.
The German Wirecard's Chief Executive Officer Markus Braun resigned on Friday as the company unabled to find missing $2.1B.
The US State Department announced on Friday that the United States and Russia would discuss arms control in Austria next week.
According to sources with knowledge of the matter, Toshiba Corp plans to sell its shares in Kioxia Holdings.
Tesla would postpone its annual meeting of shareholders due to the COVID-19 restrictions, Tesla's CEO Elon Musk tweeted late on Friday.
The US Department of Transportation has rejected the request made by China's airlines for additional passenger service flights between the two nations.
Argentina has extended the deadline for $65B debt restructuring negotiations to July 24, after talks with lenders stalled.
The major player in the oil shipping sector is switching from tanker ownership to tanker management as demand for oil is expected to decline in the following year.
Britain Chancellor Rishi Sunak claimed to soften the social distancing regulations in the UK to support the businesses suffering from the restrictions. The final decision is expected next week.
After the plunge of its market value caused by the missing $2.1B, the German financial services giant Wirecard engaged Houlihan Lokey to come up with a new financing plan.
The President of Bundesbank Jens Weidmann stated the German economy has passed the major downturns caused by the coronavirus pandemic and expects gradual recovery.
To aid the European Union economies to recover from the coronavirus-caused turbulences, the EU could become a major debt issuer to finance the €750B recovery plan.
The US Federal Reserve noted on Friday that post-pandemic economic recovery might not happen as fast as expected.
The US Commerce Department reported on Friday that current account deficit dropped 0.1% to $104.2B.