On Tuesday, shares in Norwegian Air dropped by 60%, after the company proposed for a financial rescue package, namely the debt-for-equity swap, on April 8.
US import prices plunged 2.3% in March, following the downwardly revised 0.7% fall in February, marking import deflation which could deepen due to the coronavirus pandemic.
Wells Fargo & Co reported its Q1 profit tumbled to $42M from $5.51B a year earlier after the US lender pledged money to cover the potential loan-losses from the COVID-19 pandemic.
The world's biggest brewer Anheuser-Busch InBev is considering to halve the final dividend, postponing its annual general meeting due to uncertainty about the coronavirus pandemic.
On Tuesday, Renault SA announced it would exit the loss-making venture with Dongfeng Motor Group due to slumping sales, becoming the second global carmaker to withdraw from a major Chinese venture in recent years.
Britain's largest and busiest Heathrow Airport is seeing its passenger demand to tumble by more than 90% in April, a major drop caused by the coronavirus outbreak and global restrictions preventing people from travelling.
The French budget deficit is seen to hit a 9% of the GDP in the current year, the country's budget minister Gerald Darmanin stated, adding France has never seen such reading since World War Two.
During Tuesday's European trading hours, crude oil prices declined, as production cuts failed to cause a surge.
President Donald Trump has pledged that his Administration would complete the plan to re-open the shuttered US economy soon, following a major shutdown caused by the coronavirus spread.
Amazon.com is planning to hire 75K more staff amid surging demand for online orders due to the coronavirus outbreak in the United States.
Apple Inc reported it had shipped 2.5M iPhones in China last month, marking a slight rebound following its worst month in the country in recent years.
On Tuesday, SoftBank Group's shares dropped as much as 3.5% on expectations the Vision Fund is set to record a $16.73B loss in the financial year-end in March, its first in 15 years, amid the falling bet values on unproven startups.
The US Treasury revealed during the holidays that it would want warrant payments on 30% of grants given out to US airlines.
On Monday, the Ministers of Health of G20 countries revealed that next week the officials of the countries would hold an online meeting.
During Monday's US trading hours, stock indices declines in value, as US companies were expected to report bad first quarter results.
On Monday, the US Federal Reserve warned that the US economy is bound to have a slow recovery in the aftermath of the coronavirus epidemic.
On Monday, eBay appointed Walmart's Jamie Iannone as its new top boss, as the e-commerce company faces pressure from Starboard Value, its activist investor, to reshape its management.
Amazon.com is planning to hire 75K more staff, the company announced on Monday, amid surging demand for online orders due to the coronavirus outbreak in the United States.
On Monday, Ford Motor said it was expecting a $600M pre-tax loss for the Q1 after the coronavirus outbreak affected its sales and shut vehicle assembly factories, causing a 21% fall in car sales to dealers compared to the same quarter last year.
Kia Motors Corp is considering to suspend its operations at three South Korean plants as the COVID-19 virus crisis hit the carmaker's exports to the United States and Europe.
Siemens CEO Joe Kaser said the tech giant would not cut its workforce due to the economic downturn caused by the coronavirus outbreak, although some working measures could potentially be prolonged in Germany.
Pou Chen Corp, the world's biggest manufacturer of branded footwear for such giants as Nike and Adidas, has suspended its production at the Vietnam plant over COVID-19 concerns, the Vietnamese state media announced on Monday.
Amazon has suspended accepting new online grocery customers at some of its Whole Foods stores due to a surging demand during the coronavirus crisis.
Goldman Sachs is still expecting oil prices falling in the following weeks, saying that an OPEC+ deal to trim output is unlikely to ease hit on demand caused by the coronavirus outbreak.