The US producer prices decreased 0.2% in March, after falling 0.6% in the prior month, the biggest drop since 2015.
The UK retailer Debenhams entered administration for the second time in a year, seeking to protect the group from legal action by creditors during the COVID-19 crisis.
Canada lost 1.01M jobs in March, while the jobless rate soared to 7.8%, official data revealed, as the new coronavirus outbreak closed non-essential businesses.
On Thursday, OPEC and Russian officials continued to debate crude oil production cuts, as disagreements continued to be present.
It was revealed on Thursday by Reuters that, despite most oil producing countries discussing production cuts, US had not joined the talks.
The Bank of England stated on Thursday that it would lend the government of the UK money to fight the spread of the coronavirus.
On Thursday, Virgin Australia grounded all domestic flights and continued to ask for government financial aid.
During the Asian and European Thursday's trading sessions, global stock indices surged, as governments continued to announce stimulus measures.
The Bank of Japan Governor Haruhiko Kuroda said on Thursday that Japan's economy faces extremely high uncertainty, as the coronavirus crisis hit production and consumption.
According to the IHS Markit Dubai Purchasing Manager's Index, Dubai's non-oil private industry, particularly in the tourism sector, shed jobs in March due to the coronavirus.
On Thursday, Switzerland's financial markets watchdog Finma welcomed the decisions by Credit Suisse and UBS to partially postpone dividends payout for 2019.
On Thursday, Credit Suisse and UBS said in statements that they have decided to partially postpone dividends payout for 2019 in the Q4 of 2020.
German carmaker BMW is set to start making face masks to help protect the company's own staff and the public against the coronavirus spread.
Starbucks forecast a 47% decline in Q2 earnings and warned that the hit from the COVID-19 pandemic would extend into the end of the fiscal year 2020.
Alphabet Inc's Google banned video conferencing application Zoom from its employees' laptops due to security concerns.
Airbnb is set to block bookings in the UK on the platform for the majority of customers, allowing just key workers to stay in properties during restrictions amid coronavirus.
Will Lewis, the CEO of News Corp owned Dow Jones, is set to step down from his position, Financial Times announced on Wednesday.
On Wednesday, the United States has awarded carmaker General Motors a contract worth $489.4M to produce ventilators necessary to treat the coronavirus patients who are in severe condition.
Zoom Video Communications has hired Alex Stamos, the ex-Facebook security chief, as a new adviser to beef up the security and privacy of its fast-growing video-conferencing app.
Thailand's central bank plans to provide financial aid worth $27.48B to small and medium-sized businesses amid the coronavirus outbreak, the Governor Veerathai Santiprabhob says.
The German economy is likely to contract 4.2% in 2020 because of the coronavirus outbreak, a report published by the German Institute for Economic Research shows.
The French economy contracted 6% in the first three months of 2020, the worst performance since 1945, a report published by the French central bank BdF shows.
Shanghai foreign capital inflows increased to $4.67B in the first quarter of 2020, an increase of 4.5% compared to the same period the prior year, the municipal government reports.
Fiat Chrysler is in talks with unions over a plan to restart the most profitable production in Italy, right after the government eases the national lockdown, they announced on Wednesday.