On Saturday, various Italian companies requested the government for guarantees for loans valued at $20 billion.
Mazda Motor Corporation announced on Saturday that it is looking for $2.8 billion in loans to deal with the coronavirus pandemic.
European Union officials announced on Saturday that EU countries should guarantee travel restriction cancellations to save the tourism season.
On Saturday, the Emir of Kuwait Sheikh Sabah al-Ahmad al-Sabah stated that the crash of oil prices is bound to impact Kuwait's financial solvency.
On Saturday, Chinese officials issued new rules for online bank lending. The changes were aimed at decreasing systemic risk.
On Saturday, the Economy Minister of Germany Peter Altmaier stated to Reuters that the German economy should become less dependent on other countries.
On Saturday, Eckhardt Rehberg, Germany's Chief Budget Lawmaker, revealed to the RND media group that the government expects a 100 billion Euro decline in tax revenues.
The Chinese government announced on Saturday that it would extend its tariffs on US and European steel tubes and pipes for five years.
On Friday, US government data revealed that the US monthly unemployment rate had surged to 14.7%.
The Foreign Minister of Germany Heiko Maas stated in an interview on Saturday that a hard Brexit could occur, if the UK does not extend the term for trade negotiations.
On Friday, Pfizer announced that the company would outsource some of its drug production, as it gets ready for a large scale manufacturing of a coronavirus vaccine.
The Inspector General of the US revealed on Friday that the US Congress had failed to implement the $660 million small business rescue program.
A group of US Republican party legislators on Friday urged US President Donald Trump to stop banks from pausing funding the oil industry.
On Friday, the US Federal Reserve announced that Americans should not expect a quick recovery from the recent job losses.
Tesla Inc has signed an agreement with a Chinese lender for the $565.51M working capital loan for the electric carmaker's Shanghai factory, a regulatory filing showed.
Microsoft Corp announced its plans to build the first data centre region based in Italy, investing a $1.5B in the project, amid the US tech giant's expansion plan of cloud computing services across the world.
Apple Inc is planning to reopen some of its stores in four US states next week after the iPhone maker closed all stores in the country two months ago due to the coronavirus outbreak.
Delta Air Lines revealed on Friday that the company would suspend service to ten US based airports.
During late Friday trading hours, US stock indices surged, despite the biggest historic monthly job loss being announced.
On Friday, the President of Mexico Andres Manuel Lopez Obrador stated that next week he would present an economy restart plan.
The Canadian economy lost a record 2M jobs in April, and the unemployment rate soared to a near-record level at 13%, the Statistics Canada reported on Friday.
According to a US court filing, the US Department of Justice and the CFTC were investigating Scotiabank's activities and trading practices in the metals markets.
The US Labor Department reported on Friday that the US economy lost 20.5M jobs in April and the unemployment rate soared to 14.7%.
Australia would relax the social distancing rules in a three-phase process, the Australian Prime Minister Scott Morrison announced on Friday.