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.
According to a report from the National Association of Realtors on Friday, existing US home sales, which make up about 90% of home sales in the United States, jumped to a 13-year high in February.
The Bank of England plans to purchase $16.6B of gilt-edged securities next week, as Britain's Central Bank attempts to limit the economic impact of the coronavirus outbreak.
According to the union and industrial sources, France's oldest Electricite de France EDF has tightened hygiene procedures at the nuclear power plants over the coronavirus concerns.
On Friday, Uber's spokesperson said that the company has suspended its taxi service in Saudi Arabia until further notice due to new measures announced by the Saudi Arabian Ministry of Interior.
On Friday, Lyft Inc asked drivers to sign up for LyftUp Driver Task Force, as traffic for ride-hailing service has plummeted due to the coronavirus outbreak in the United States.
On Friday, an Airbus spokesperson announced that the European planemaker is in regular discussions with the EU governments.
According to a report from the National Association of Realtors on Friday, existing US home sales, which make up about 90% of home sales in the United States, jumped to a 13-year high in February.
The Bank of England plans to purchase $16.6 billion of gilts next week, as the UK Central Bank attempts to limit the economic impact of the coronavirus pandemic.
According to the union and industrial sources, France's oldest Electricite de France EDF has tightened hygiene procedures at the nuclear power plants over the coronavirus concerns.
On Friday, Bank of America reported it had added 1,7K new staff in consumer bank in March 2020 on surging demand for customer service amid the coronavirus concerns.
Apple Inc is reducing the number of the online iPhone purchases in China, the United States and some other countries to two handsets per one person amid the global spread of coronavirus.
British Airways pilots are facing unpaid leave in April and May and pay deductions over three months, as the coronavirus outbreak hit the travel and other industries hard, Reuters reported.
Inditex is considering 25K temporary layoffs in Spain in case the state of emergency is extended after April 15, the clothing group announced on Friday, marking the worsening economic damage caused by the coronavirus outbreak.