Germany's carmaker Volkswagen is set to extend a suspension of its two production plants until April 30 in central Mexico due to a health emergency declared by the government over coronavirus.
On Thursday, the Swedish Financial Supervisory Authority announced that it would pause the enforcement of rules that demand from banks to collect mortgage repayments.
Nissan Motor announced that its auto plants in the US are set to remain closed through April to help reduce the coronavirus spread.
Swiss industry was battered by the epidemic of coronavirus, with the country's PMI dropping to its lowest level since 2009, data revealed.
Japan's SoftBank Group is likely to abandon a $3B tender offer for extra WeWork shares agreed in 2019 with shareholders, a board committee stated.
IAG-owned British Airways is likely to announce that it will suspend nearly 36K of employees, including cabin crews and ground staff, BBC News reported.
The Chinese tech giant Xiaomi's revenue increased by 17.7% to around $29B, a statement published by the Beijing-located smartphone producer shows.
The German debt to GDP ratio declined below 60% at the end of 2019 as the total government debt in Germany decreased by $17.6B, data published by the Deutsche Bundesbank show.
The Japanese unemployment rate remained unchanged in February at 2.4%, compared to January, a statement from the Ministry of Internal Affairs and Communications shows.
The Chinese tech giant Huawei increased revenue by 19.1% to $121.1B in 2019, compared to the same period the previous year, data published by the company show.
Guangdong Telecom, Guangdong Mobile and Guangdong Unicom plan to invest more than $7.04B in 5G network development in China's Guangdong Province, local authorities say.
On Wednesday, Purchasing Managers Indices revealed that manufacturing activity experienced a sharp decline in Japan and Germany.
Reuters revealed on Wednesday that Chinese buyers have increased purchases of US crude oil, as prices have plummeted to historical low levels.
On Wednesday, published data revealed that in March unemployment in the Eurozone reached 7.3%, which was the lowest level since March 2008.
At the middle of Wednesday's GMT trading hours, global stocks declined, as the effect of previously announced economic stimulus disappeared.
During Wednesday's Asian trading hours, crude oil price benchmarks fluctuated near $25 price level, as it had recovered due to a Russian announced halt of output increases.
Apple doubled donations to China's efforts to combat the COVID-19 to more than $7.0M, the tech giant's CEO Tim Cook said on Wednesday, weeks after Apple reopened 42 stores in the country.
Xerox Holdings has abandoned its $35B hostile bid for the IT company HP Inc, after the coronavirus crisis stalled its takeover campaign, Reuters reported.
Fiat Chrysler is not planning to postpone its merger process with the French carmaker PSA Group, according to recent information by the FIOM union, Reuters reported.
Citigroup will postpone this year's investor day initially scheduled for May 13 amid the coronavirus outbreak and is set to follow the health authorities' guidance to set a new day for the event.
According to data from Eurostat, Eurozone's inflation fell to 0.7% in March due to the falling crude oil prices and the coronavirus crisis.
On Tuesday, the US Federal Reserve said that it would delay the new regulations for when companies are considered in control of a bank for six months.
On Tuesday, crude oil prices remained stable. The US West Texas Intermediate rebounded from 18-year lows after the United States and Russia agreed to start talks on stabilising the oil market.
On Tuesday, Walt Disney announced that its Disney+ service would be launched with local partner Hotstar in India on April 3, increasing rivalry with Amazon's Prime Video and Netflix.