The UK drugmaker GlaxoSmithKline is planning to make a $250M investment in Vir Biotechnology and cooperate over the development of treatments for the COVID-19 disease, both companies stated on Monday.
Norwegian Air's passenger capacity plunged by 60% year-over-year last month as the airline was forced to ground its planes due to the coronavirus outbreak and efforts to stop spreading the virus.
During Monday's European trading hours, global stock indices surged, as the growth of coronavirus cases slowed down.
Rolls-Royce, the British aero-engine maker, announced it was withdrawing its 2020 targets and the final dividend, seeking to boost its finances as carriers ground planes across the world amid the coronavirus crisis.
Britain's new car registrations are likely to plunge over 40% in March due to the coronavirus crisis prompting potential buyers to stay at home, hitting demand, the BBC reported on Monday.
Boeing Co is planning to prolong its production operations' suspension at the Washington state plants until further notice due to the coronavirus outbreak.
According to an opinion poll published on Sunday the Folha de S.Paulo newspaper, most Brazilians said that they would oppose the potential resignation of Brazil's President Jair Bolsonaro.
The Indian government has banned the exports of diagnostic testing materials, as the total number of confirmed COVID-19 cases in the South Asian country surged to 7,000 on Sunday.
Israel's unemployment rate increased from 4% to 25% since early March due to the coronavirus pandemic, the Israel Employment Service reported.
Three of the world's largest gold refineries stated that they are set to partially reopen after being closed for two weeks that disrupted global gold supply.
The Saudi Arabian non-oil private sector's PMI declined to 42.4 in March at the fastest rate, as measures to contain the coronavirus hit businesses.
The company holding Starbucks' franchise in Chile suspended the contracts of 1.6K employees in the country, where most places were shut in efforts to fight the COVID-19 epidemic.
According to opinion poll conducted by Datafolha, nearly two thirds of respondends said that they do not want President Bolsonaro to resign.
Luckin Coffee, the competitor of Starbucks in China, stated on Sunday that it would continue running its business despite an announced internal investigation related to falsified sales deals.
Central Bank of the United Arab Emirates announced on Sunday its decision to increase the safe package for banking system from $27B to $70B.
On Saturday, OPEC announced that due to a conflict between Saudi Arabia and Russia OPEC has moved Monday's meeting to April 9.
On Saturday, the President of the United States state that he could impose tariffs on crude oil imports.
The US President Donald Trump ordered his cabinet on Friday to find ways to ease a money crunch that is experienced by the crude oil industry.
On Saturday, the Banco de Mexico revealed that the recent economic turmoil has increased risk premiums and decreased growth forecasts.
On Saturday, a report published by Reuters revealed that due to the recent surge in US unemployment US banks could cut dividend payments.
The Leader of the US Senate Majority Mitch McConell revealed on Friday that the US Congress would work on an additional coronavirus relief law.
On Saturday, CNBC revealed that Tesla Incorporated has been reducing contract based worker amount in its US production plants.
The Energy Minister of Saudi Arabia Prince Abdulaziz bin Salman stated in a response to Russian announcements that Russia was the first to withdraw from an OPEC+ deal.
On Friday, OPEC and its allied oil producing countries revealed that they are planning an unprecedented 10% global crude oil production cut.