The Japanese government increased an emergency package to $1.08T to help mitigate the consequences of the novel coronavirus, the Japanese Prime Minister Shinzo Abe says.
The credit rating agency Fitch on Monday slashed India's growth forecast to 1.8% for the current financial year from a previous estimate of 4.6%, a statement from the company shows.
The Norwegian budget carrier, Norwegian Air Shuttle, plans to lay off around 1,571 pilots and 3,134 cabin attendants, a statement published by the company shows.
The Chinese government revealed on Monday that it would build a new $7 billion turnover commodity trading center in Caofeidian.
On Monday, the founder of Virgin Atlantic Richard Branson revealed that the airline could survive only with the help of the UK government.
Data published on Monday revealed that due to a decline in Chinese imports Euro Zone's trade surplus had increased.
During Monday's European trading hours, crude oil price benchmarks reached a low level not seen since March 1999.
On Monday, stock indices in Europe surged, as stocks were boosted by gains in healthcare stocks.
Oliver Dowden, the UK Culture Minister, said on Monday that the United Kingdom has secured 25M protective medical clothing from China.
According to the SMH newspaper report, published on Monday, Virgin Australia Airlines is planning to go into voluntary administration.
Aston Martin will shift its focus to reviving the production of a sport utility vehicle, the carmaker's new Chief Executive Lawrence Stroll stated on Monday.
The Japanese government is planning to issue bonds worth $240B as a part of additional economy support measures.
According to a draft bill, Japanese authorities decided to increase financial assistance package from ¥108.2T to ¥117.1T.
Amazon.com announced on Sunday that it would extend the closure of its warehouses in France until April 22 after a dispute with the French unions over hygienic conditions.
According to sources with knowledge of the matter, Neiman Marcus is planning to file for bankruptcy within the coming days.
According to the New York Times, Facebook Inc is planning to launch on Monday a game streaming mobile application.
A number of the US legislators stated on Sunday that assistance from the government should be expanded to local broadcasters and newspapers.
According to sources familiar with the matter, the US department store operator, Neiman Marcus, is planning to file for bankruptcy this week.
On Sunday, the G20 health ministers held an e-meeting at which they discussed measures to be taken to contain the coronavirus outbreak.
Amazon.com stated on Sunday that it would not reopen its six warehouses in France until April 22 because of the situation with coronavirus.
According to the Senate officials, the US legislators are close to negotiate a deal that would provide small businesses extra aid to help overcoming the consequences of coronavirus outbreak.
The US banks seek to adjust the terms of $600B lending program for businesses offered by the Federal Reserve to be able to issue smaller loans.
The UK Education Minister Gavin Williamson stated on Sunday that the government has not made any decision regarding schools' reopening yet.
South Korean authorities decided on Sunday to prolong the policy of social distancing for another two weeks but eased it for some institutions amid low number of coronavirus cases.