The Prime Minister of Lebanon Alain Aoun stated on Saturday that there were a few hours left before the government would be forced to declare default.
According to a trade report, China's outgoing shipments fell 17.2% if first two months of the year amid the outbreak of coronavirus.
On Friday, Larry Kudlow, the senior White House economic adviser, said that the Trump administration could take appropriate and targeted measures to help the US economy due to the coronavirus outbreak.
On Friday, crude oil prices declined by 10% after the Russian Energy Minister Alexander Novak said that Russia and OPEC have ended the oil output cuts deal.
On Friday, the US President Donald Trump signed a bill providing $8.3B in emergency funding to fight the coronavirus outbreak.
On Friday, the US renewable fuel blending credits edged lower by over 15% after news that the Environmental Protection Agency plans to appeal the federal court refinery waiver ruling.
Bill Winters, Group Chief Executive Officer of Standard Chartered Bank, is expected to remain at the bank to complete its current strategy, the bank's Chairman Jose Vinals announced on Friday.
On Friday, Mexico's Undersecretary of Finance and Public Credit Gabriel Yorio said that the Mexican government had taken a range of approaches to reduce the impact of the coronavirus on the economy.
The UK digital bank Tandem raised $78M from investors, such as Qatar Investment Authority, and also bought a lender helping consumers to buy solar panels.
Lufthansa stated that its group of airlines is set to slash capacity 50% in the following weeks amid the coronavirus outbreak, making deeper cuts affecting all traffic areas.
Finnair announced that demand, measured in RPK or revenue passenger kilometres, fell 1.7% in February year-on-year, as the coronavirus outbreak affected Asian travellers.
India's automaker Tata Motors warned of weaker profit at its car brand Jaguar Land Roverfor the fiscal year, as coronavirus outbreak hit Chinese sales.
The US TV station operator Gray Television made an offer to buy larger peer Tegna for nearly $8.5B, including debt, sources familiar with the matter stated.
Starbucks Corp stopped accepting customers' reusable cups to prevent the coronavirus spread, though the company will still provide the promised discount for cup owners.
Tesla has received approval by the Chinese government for a sale of its longer-range Model 3 vehicles made in China, the MIIT announced on Friday.
On Friday, Samsung Electronics stated it would temporarily shift some of its smartphone output from South Korea to Vietnam due to a couple of tech giant's Korean employees tested positive for coronavirus, prompting it to close a plant.
Nokia drew a €500M Research and Development loan from the EIB (European Investment Bank) on February 24, according to the US Securities and Exchange Commission's statement.
HSBC Holdings PLC sent home over 100 of its London staff after one of the employees tested positive for coronavirus, following a major virus outbreak across the globe.
On Friday, Hong Kong's Cathay Pacific Airways announced it was closing the cabin crew base based in Vancouver, cutting 147 jobs as a result of the ongoing business review.
PetroChina suspended some of its liquified natural gas and pipeline gas shipments as the coronavirus outbreak hit the demand, the company announced.
Walmart's Flipkart is facing a further anti-trust investigation in India, following a request to the country's competition watchdog to look into the company's possible abuse of its dominant position in the e-commerce.
AT&T Inc is partnering with Alphabet's Google Cloud over the 5G edge computing technologies usage designed to help clients boost speed and raise security by running their applications closer to the end users.
Finland's Nokia Oyj has signed a partnership with Intel to accelerate its shift to the 5G technology, following the Finnish group's announcement of a similar cooperation deal with Marvell Technology.
On Thursday, HP Inc has rejected a raised offer by Xerox Holdings worth about $35B, claiming that the bid still undervalued the PC maker.