Swiss-Swedish multinational corporation ABB has resumed construction of its $150M robotics factory in China, the president of ABB Engineering James Li says.
The Greek government plans to inject additional €10.67B to support the struggling economy, the Prime Minister Kyriakos Mitsotakis says.
The Australian government stated on Sunday that it would provide additional $38.50B to help the economy to overcome the consequences of coronavirus.
Amazon.com stated on Sunday that it has taken decision to increase overtime pay for its warehouse staff amid the rapidly growing demand caused by the coronavirus outbreak.
The Chairman of Renault Jean-Dominique Senard stated on Sunday that the company could ask the government for help to handle the impact of coronavirus, though renationalization was not considered.
One of the senior Russian officials, Andrei Belousov, stated on Sunday that the Gulf countries were the ones to blame for rapid oil prices fall.
On Saturday, Olaf Scholz, Germany's Finance Minister, said that the German government was preparing a stimulus measures of about 156B euros to fight the economic impact of the coronavirus crisis.
On Saturday, Amazon.com announced that it would increase overtime pay for staffs, working at the warehouses in the United States.
Starbucks Corp announced on Friday that it would close the majority of its cafes in the United States and Canada for two weeks.
According to the Financial Times report, Wells Fargo has asked the US Federal Reserve to lift the cap on growth to support customers and businesses hit by the economic impact of the coronavirus crisis.
On Saturday, the German automaker Volkswagen AG announced that it would shut down its factories in some regions for two weeks.
The President Donald Trump agreed on Saturday with his Mexican colleague Andres Obrador to continue bilateral trade and provision of critical services despite situation in the world and border restrictions.
Isabel Schnabel, the ECB Board Member, stated on Saturday that the bank has enough tools to handle the impact of coronavirus but it is job of the EU leaders to take action.
Uganda has revised the economic growth projection to 5.5% from a previous estimate of 6%, the Minister of Finance Matia Kasaija says.
South Korean producer prices declined 0.3% in February from the previous month amid the COVID-19 outbreak, a statement published by the Bank of Korea shows.
Air New Zealand and the New Zealand government reached an agreement to provide the airline around $500M after the company has cut 85% of its international flights.
South Korea's foreign direct investment reached a record high of more than $60B in 2019, a report published by the Ministry of Economy and Finance shows.
Uber Technologies suspended regular taxi service booking option through its application in Saudi Arabia until further notice.
Ireland's government was considering a plan to pay up to 75% of the wages of temporarily laid off staff due the COVID-19 outbreak.
The German car producer Volkswagen stated on Saturday that it would close its factories for two and in some places for three weeks amid the coronavirus pandemia.
The Rubbens distillery located in Belgium stated on Saturday that it would temporary stop producing gin and start making a disinfectant liquid.
The Prime Minister of South Korea Chung Sye-kyun stongly advised on Saturday to temporary close public facilities and observe social distancing.
Panasonic Corp stated on Saturday that it has temporary stopped production of batteries at factory in Nevada due to the coronavirus outbreak.
Forex swap spreads, which increased, as banks and companies grappled for US Dollar funding, tightened on Friday after central banks around the world agreed to take coordinated action.